T.J. Price To Book Ratio from 2010 to 2024

TJX Stock  USD 122.00  0.80  0.66%   
T.J. Maxx Price To Book Ratio yearly trend continues to be fairly stable with very little volatility. Price To Book Ratio will likely drop to 10.59 in 2024. Price To Book Ratio is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
15.3035415
Current Value
10.58838459
Quarterly Volatility
2.22303499
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check T.J. Maxx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among T.J. Maxx's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1 B, Total Revenue of 56.9 B or Gross Profit of 17.1 B, as well as many indicators such as Price To Sales Ratio of 1.55, Dividend Yield of 0.0103 or PTB Ratio of 10.59. T.J. financial statements analysis is a perfect complement when working with T.J. Maxx Valuation or Volatility modules.
  
Check out the analysis of T.J. Maxx Correlation against competitors.

Latest T.J. Maxx's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of The TJX Companies over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. T.J. Maxx's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in T.J. Maxx's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Slightly volatile
   Price To Book Ratio   
       Timeline  

T.J. Price To Book Ratio Regression Statistics

Arithmetic Mean12.13
Geometric Mean11.95
Coefficient Of Variation18.32
Mean Deviation1.69
Median11.99
Standard Deviation2.22
Sample Variance4.94
Range5.7431
R-Value0.74
Mean Square Error2.39
R-Squared0.55
Significance0
Slope0.37
Total Sum of Squares69.19

T.J. Price To Book Ratio History

2024 10.59
2020 15.3
2014 11.99

About T.J. Maxx Financial Statements

T.J. Maxx investors use historical fundamental indicators, such as T.J. Maxx's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in T.J. Maxx. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 15.30  10.59 

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Additional Tools for T.J. Stock Analysis

When running T.J. Maxx's price analysis, check to measure T.J. Maxx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy T.J. Maxx is operating at the current time. Most of T.J. Maxx's value examination focuses on studying past and present price action to predict the probability of T.J. Maxx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T.J. Maxx's price. Additionally, you may evaluate how the addition of T.J. Maxx to your portfolios can decrease your overall portfolio volatility.