TJX (MEX:TJX) Cyclically Adjusted PS Ratio: 3.59 (As of Jul. 29, 2026) — 48% Above Median

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MEX:TJX TJX Companies Inc MEX:TJX
86 GF Score
Price MXN2,800.50
GF Value MXN2,381.47
Valuation Modestly Overvalued
! 5 Warning Signs
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What is TJX Cyclically Adjusted PS Ratio?

TJX MEX:TJX +4.50% 86 Cyclically Adjusted PS Ratio is 3.59 as of Jul. 29, 2026, which is 48% above its 10-year median of 2.43. GuruFocus rates MEX:TJX with a GF Score™ of 86/100 and a GF Value™ of MXN2,381.47 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 792 Retail - Cyclical companies, TJX ranks worse than 91.92% on this metric.

As of today (2026-07-29), TJX's current share price is MXN2800.50. TJX's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was MXN780.11. TJX's Cyclically Adjusted PS Ratio for today is 3.59.

The historical rank and industry rank for TJX's Cyclically Adjusted PS Ratio or its related term are showing as below:

MEX:TJX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.54   Med: 2.43   Max: 3.74
Current: 3.57

During the past years, TJX's highest Cyclically Adjusted PS Ratio was 3.74. The lowest was 1.54. And the median was 2.43.

MEX:TJX's Cyclically Adjusted PS Ratio is ranked worse than
91.92% of 792 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs MEX:TJX: 3.57

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

TJX's adjusted revenue per share data for the three months ended in Apr. 2026 was MXN224.003. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is MXN780.11 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TJX  (MEX:TJX) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


TJX Cyclically Adjusted PS Ratio Related Terms


TJX Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TJX's Cyclically Adjusted PS Ratio 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.

TJX Cyclically Adjusted PS Ratio Chart

TJX Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 2.43 2.57 3.10 3.45

TJX Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.13 2.97 3.28 3.45 3.48

MEX:TJX vs ROST, BURL, LULU: Cyclically Adjusted PS Ratio Comparison

For the Apparel Retail subindustry, TJX's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


TJX Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, TJX's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where TJX's Cyclically Adjusted PS Ratio falls into.


MEX:TJX
86GF Score
TJX Companies Inc MEX:TJX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TJX Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

TJX's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2800.50/780.11
=3.59

* 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.

TJX's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, TJX's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=224.003/333.0200*333.0200
=224.003

Current CPI (Apr. 2026) = 333.0200.

TJX Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 110.916 240.628 153.504
201610 117.724 241.729 162.183
201701 149.934 242.839 205.614
201704 112.540 244.524 153.269
201707 115.114 244.786 156.607
201710 130.360 246.663 175.999
201801 159.856 247.867 214.773
201804 128.540 250.546 170.852
201807 137.086 252.006 181.156
201810 158.259 252.885 208.409
201901 170.324 251.712 225.342
201904 142.875 255.548 186.189
201907 151.167 256.571 196.209
201910 163.682 257.346 211.814
202001 189.098 257.971 244.110
202004 88.262 256.389 114.642
202007 123.635 259.101 158.907
202010 177.282 260.388 226.733
202101 175.415 261.582 223.321
202104 166.545 267.054 207.684
202107 196.361 273.003 239.529
202110 211.849 276.589 255.071
202201 237.019 281.148 280.749
202204 195.303 289.109 224.966
202207 204.719 296.276 230.108
202210 206.050 298.012 230.255
202301 232.890 299.170 259.241
202304 181.929 303.363 199.715
202307 183.714 305.691 200.138
202310 206.799 307.671 223.837
202401 244.474 308.417 263.976
202404 185.815 313.548 197.355
202407 218.943 314.540 231.806
202410 246.890 315.664 260.465
202501 296.905 317.671 311.251
202504 226.911 320.795 235.558
202507 239.978 323.048 247.386
202510 248.994 0.000
202601 273.625 325.252 280.160
202604 224.003 333.020 224.003

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 3.59 mean?
TJX (MEX:TJX) has a Cyclically Adjusted PS Ratio of 3.59 as of Jul. 29, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on TJX and its competitors. This is 48% above median its historical median of 2.43. Over the past decade, TJX's Cyclically Adjusted PS Ratio has ranged from 1.54 to 3.74. According to the industry distribution chart, TJX ranks #728 out of 792 companies in the Retail - Cyclical industry, placing it in the top 91.9%.
Is TJX's Cyclically Adjusted PS Ratio too high?
TJX's current Cyclically Adjusted PS Ratio of 3.59 is 48% above median its 10-year median of 2.43. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 3.74. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.49. TJX's value of 3.59 is 632.7% above this industry median. Based on the distribution chart, TJX ranks #728 out of 792 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, TJX has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TJX's Cyclically Adjusted PS Ratio compare to ROST and BURL?
According to the Retail - Cyclical industry distribution chart, TJX ranks #728 out of 792 companies for Cyclically Adjusted PS Ratio. This places TJX in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. TJX's value of 3.59 is 632.7% above this benchmark. Historically, TJX's own Cyclically Adjusted PS Ratio has ranged from 1.54 to 3.74 over the past decade. While the company's 10-year median is 2.43 vs. the industry median of 0.49, TJX has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.49, based on 792 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TJX's current Cyclically Adjusted PS Ratio of 3.59 is 632.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on TJX and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TJX's current Cyclically Adjusted PS Ratio is 3.59, which is 48% above median its own 10-year median of 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TJX stock overvalued right now?
Based on GuruFocus' analysis, TJX (MEX:TJX) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN2,381.47, compared to a current price of MXN2,800.50 — trading 17.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.59, which is 48% above median its 10-year median of 2.43 and 632.7% above the Retail - Cyclical industry median of 0.49. TJX's overall GF Score™ is 86/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For TJX (MEX:TJX), the current Cyclically Adjusted PS Ratio is 3.59 as of Jul. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TJX (MEX:TJX) Overvalued in 2026?

Based on GuruFocus' analysis, TJX stock appears to be overvalued. The current stock price of MXN2,800.50 is trading 17.6% above its estimated GF Value™ of MXN2,381.47. GuruFocus considers TJX to be Modestly Overvalued.

Key valuation signals for MEX:TJX:

  • Cyclically Adjusted PS Ratio: 3.59 (48% above median its 10-year median of 2.43)
  • GF Value™: MXN2,381.47 vs. price of MXN2,800.50 (17.6% above fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 632.7% above the Retail - Cyclical median (#728 of 792)

No single metric tells the full story. See the MEX:TJX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TJX Business Description

Address 770 Cochituate Road, Framingham, MA, USA, 01701
Founded in 1987, TJX Companies is the world's largest off-price apparel and home fashions retailer, operating more than 5,000 stores across nine countries. In fiscal 2026, the company generated roughly $60 billion in sales. TJX operates through four segments: Marmaxx (61% of sales), HomeGoods (17%), TJX Canada (9%), and TJX international (13%). Its off-price model emphasizes branded merchandise at meaningful discounts, driving high traffic and rapid inventory turnover.
86GF Score

Get the complete analysis for MEX:TJX

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,800.50
Price
MXN2,381.47
GF Value