TJX COMPANIES INC /DE/ (TJX)
Retail-Family Clothing Stores
Latest Price
$157.34
TTM P/E
30.61
Normalized P/E
39.82
Div Yield
1.12%
Book Value
9.41
P/B Ratio
16.73
Valuation metrics
adjust assumptions →EPS: $4.87
Book value / share: $9.20
Formula: √(22.5 × EPS × BVPS)
Graham Number
$31.76
80% 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
77% 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
+37% upside
EPS: $4.87
Target P/E: 40×
Formula: EPS × P/E
P/E Fair Value
$194.80
+24% upside
Institutional Ownership
84.7% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 107.50M | $17.17B | 9.73% | +1.73M | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 72.16M | $11.52B | 6.53% | -- | 2026-03-31 |
| STATE STREET CORP | 48.32M | $7.72B | 4.37% | -387.3K | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 29.19M | $4.65B | 2.64% | +2.18M | 2026-03-31 |
| FMR LLC | 27.55M | $4.40B | 2.49% | -2.32M | 2026-03-31 |
| MORGAN STANLEY | 26.72M | $4.27B | 2.42% | +182.8K | 2026-03-31 |
| BANK OF AMERICA CORP /DE/ | 25.21M | $4.03B | 2.28% | -408.9K | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 19.81M | $3.16B | 1.79% | -- | 2026-03-31 |
| NORTHERN TRUST CORP | 13.63M | $2.18B | 1.23% | +158.1K | 2026-03-31 |
| WELLINGTON MANAGEMENT GROUP LLP | 13.33M | $2.13B | 1.21% | -4.25M | 2026-03-31 |