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TJX COMPANIES INC /DE/ (TJX)

Retail-Family Clothing Stores

Latest Price
$126.12
TTM P/E
23.36
Normalized P/E
31.33
Div Yield
1.44%
Book Value
9.64
P/B Ratio
13.08

Valuation metrics

adjust assumptions →
EPS: $4.87
Book value / share: $9.20
Formula: √(22.5 × EPS × BVPS)
Graham Number
$31.76
75% downside
Norm. op. income: $4.7B (median of 7yr)
Tax rate: 25%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$35.96
71% downside
Base FCF: $4.2B (median of recent 5yr)
Growth: 21%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$216.12
+71% upside
EPS: $4.87
Target P/E: 31×
Formula: EPS × P/E
P/E Fair Value
$150.97
+20% upside

Institutional Ownership

90.0% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.108.84M$16.49B9.88%+1.34M2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC72.22M$10.94B6.56%+60.0K2026-06-30
STATE STREET CORP49.71M$7.53B4.51%+1.39M2026-06-30
GEODE CAPITAL MANAGEMENT, LLC28.89M$4.36B2.62%-299.7K2026-06-30
MORGAN STANLEY27.03M$4.09B2.45%+306.4K2026-06-30
FMR LLC25.44M$3.85B2.31%-2.11M2026-06-30
BANK OF AMERICA CORP /DE/23.18M$3.51B2.10%-2.03M2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC20.21M$3.06B1.84%+400.3K2026-06-30
JPMORGAN CHASE & CO16.94M$2.56B1.54%-624.7K2026-06-30
AMERIPRISE FINANCIAL INC14.56M$2.21B1.32%+1.32M2026-06-30
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