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/E ratio for Target Corporation (TGT)
P/E ratio as of 2023: 16.23
According to Target Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.23. At the end of 2022 the company had a P/E ratio of 28.01.
P/E ratio history for Target Corporation from 1985 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 16.23 |
| 2022 | 28.01 |
| 2021 | 15.30 |
| 2020 | 20.76 |
| 2019 | 17.24 |
| 2018 | 12.81 |
| 2017 | 13.71 |
| 2016 | 13.44 |
| 2015 | 13.52 |
| 2014 | -28.56 |
| 2013 | 18.25 |
| 2012 | 13.39 |
| 2011 | 11.60 |
| 2010 | 13.47 |
| 2009 | 15.50 |
| 2008 | 10.86 |
| 2007 | 16.93 |
| 2006 | 19.18 |
| 2005 | 19.84 |
| 2004 | 13.99 |
| 2003 | 20.96 |
| 2002 | 15.49 |
| 2001 | 35.53 |
| 2000 | 26.43 |
| 1999 | 25.01 |
| 1998 | 30.00 |
| 1997 | 20.88 |
| 1996 | 18.45 |
| 1995 | 18.35 |
| 1994 | 11.98 |
| 1993 | 13.07 |
| 1992 | 15.67 |
| 1991 | 16.45 |
| 1990 | 12.13 |
| 1989 | 11.04 |
| 1988 | 12.66 |
| 1987 | 14.30 |
| 1986 | 14.96 |
| 1985 | 15.16 |