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

TJX Stock  USD 119.77  0.03  0.03%   
T.J. Maxx Price To Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price To Sales Ratio will likely drop to 1.55 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing T.J. Maxx's market cap by its total sales or revenue over a 12-month period. View All Fundamentals
 
Price To Sales Ratio  
First Reported
2010-12-31
Previous Quarter
2.06109634
Current Value
1.55274349
Quarterly Volatility
0.22883258
 
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 Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of The TJX Companies over the last few years. Price to Sales Ratio is figured by comparing TJX Companies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on T.J. Maxx sales, a figure that is much harder to manipulate than other The TJX Companies multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period. T.J. Maxx's Price To Sales 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.
ViewLast Reported 2.43 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

T.J. Price To Sales Ratio Regression Statistics

Arithmetic Mean1.73
Geometric Mean1.72
Coefficient Of Variation13.22
Mean Deviation0.18
Median1.71
Standard Deviation0.23
Sample Variance0.05
Range0.5864
R-Value0.73
Mean Square Error0.03
R-Squared0.53
Significance0
Slope0.04
Total Sum of Squares0.73

T.J. Price To Sales Ratio History

2024 1.55
2020 2.06
2014 1.71

About T.J. Maxx Financial Statements

T.J. Maxx investors use historical fundamental indicators, such as T.J. Maxx's Price To Sales 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 Sales Ratio 2.06  1.55 

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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.