Target Corporation operates as a general merchandise retailer in the United States. The company offers food assortments, including perishables, dry grocery, dairy, and frozen items; apparel, accessories, home décor products, electronics, toys, seasonal offerings, food, and other merchandise; and beauty and household essentials. It also provides in-store amenities, such as Target Café, Target Optical, Starbucks, and other food service offerings. The company sells its products through its stores; and digital channels, including Target.com. As of March 09, 2022, the company operated approximately 2,000 stores. Target Corporation was incorporated in 1902 and is headquartered in Minneapolis, Minnesota.
P/B ratio for Target Corporation (TGT)
P/B ratio as of 2023: 5.00
According to Target Corporation's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 5.00. At the end of 2022 the company had a P/B ratio of 6.93.
P/B ratio history for Target Corporation from 1985 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 5.00 |
| 2022 | 6.93 |
| 2021 | 8.28 |
| 2020 | 6.28 |
| 2019 | 4.78 |
| 2018 | 3.33 |
| 2017 | 3.43 |
| 2016 | 3.36 |
| 2015 | 3.51 |
| 2014 | 3.34 |
| 2013 | 2.22 |
| 2012 | 2.43 |
| 2011 | 2.15 |
| 2010 | 2.54 |
| 2009 | 2.51 |
| 2008 | 1.75 |
| 2007 | 3.15 |
| 2006 | 3.42 |
| 2005 | 3.36 |
| 2004 | 3.43 |
| 2003 | 3.49 |
| 2002 | 2.71 |
| 2001 | 6.18 |
| 2000 | 5.12 |
| 1999 | 4.88 |
| 1998 | 5.26 |
| 1997 | 3.49 |
| 1996 | 2.22 |
| 1995 | 1.65 |
| 1994 | 1.61 |
| 1993 | 1.70 |
| 1992 | 2.31 |
| 1991 | 2.16 |
| 1990 | 2.40 |
| 1989 | 2.58 |
| 1988 | 1.95 |
| 1987 | 1.64 |
| 1986 | 1.76 |
| 1985 | 2.21 |