Toll Brothers, Inc. (TOL)
Operative Builders
Latest Price
$134.92
TTM P/E
10.89
Normalized P/E
10.77
Div Yield
0.76%
Book Value
89.88
P/B Ratio
1.50
Valuation metrics
adjust assumptions →EPS: $13.49
Book value / share: $87.24
Formula: √(22.5 × EPS × BVPS)
Graham Number
$162.73
+21% upside
Norm. op. income: $1.5B (median of 7yr)
Tax rate: 25%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$133.17
1% downside
Base FCF: $1.0B (median of recent 5yr)
Growth: 17%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$472.52
+250% upside
EPS: $13.49
Target P/E: 11×
Formula: EPS × P/E
P/E Fair Value
$148.39
+10% upside
Institutional Ownership
92.1% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 9.78M | $1.61B | 10.30% | -172.5K | 2026-06-30 |
| GREENHAVEN ASSOCIATES INC | 5.63M | $927.0M | 5.93% | -15.2K | 2026-06-30 |
| Capital World Investors | 5.25M | $865.0M | 5.53% | +44.5K | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 4.29M | $706.0M | 4.52% | +38.5K | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 4.17M | $687.0M | 4.40% | +4.2K | 2026-06-30 |
| FMR LLC | 4.11M | $677.0M | 4.33% | +606.2K | 2026-06-30 |
| STATE STREET CORP | 3.51M | $577.0M | 3.69% | +146.2K | 2026-06-30 |
| DIMENSIONAL FUND ADVISORS LP | 3.11M | $511.0M | 3.27% | +116.5K | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.49M | $410.0M | 2.62% | +111.2K | 2026-06-30 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 1.89M | $312.0M | 2.00% | +1.50M | 2026-06-30 |