Target's book value per share for the quarter that ended in Jan. 2024 was $29.09.
During the past 12 months, Target's average Book Value Per Share Growth Rate was 19.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.40% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Target was 19.10% per year. The lowest was -8.40% per year. And the median was 8.30% per year.
Target's current price is $163.19. Its book value per share for the quarter that ended in Jan. 2024 was $29.09. Hence, today's PB Ratio of Target is 5.61.
During the past 13 years, the highest P/B Ratio of Target was 9.69. The lowest was 2.14. And the median was 3.78.
Target Book Value per Share Historical Data
The historical data trend for Target's Book Value per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Target Annual Data
Trend
Jan15
Jan16
Jan17
Jan18
Jan19
Jan20
Jan21
Jan22
Jan23
Jan24
Book Value per Share
23.47
28.83
27.22
24.40
29.09
Target Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Book Value per Share
24.40
25.14
25.98
27.11
29.09
Competitive Comparison
For the Discount Stores subindustry, Target's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Target PB Ratio Distribution
For the Retail - Defensive industry and Consumer Defensive sector, Target's PB Ratio distribution charts can be found below:
* The bar in red indicates where Target's PB Ratio falls into.
Target Book Value per Share Calculation
Target's Book Value Per Share for the fiscal year that ended in Jan. 2024 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Target (NYSE:TGT) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Target Book Value per Share Related Terms
Thank you for viewing the detailed overview of Target's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Target serves as the nation's sixth-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a top U.S. retailer.Today, Target operates over 1,900 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast physical footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.
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