Toll BrothersTOL +0.83%94 Forward PE Ratio is 10.61 as of Jul. 11, 2026. GuruFocus rates TOL with a GF Score™ of 94/100 and a GF Value™ of $136.79 (Fairly Valued). The stock has 4 warning signs investors should review. Among 51 Homebuilding & Construction companies, Toll Brothers ranks better than 68.63% on this metric.
Toll Brothers's Forward PE Ratio for today is 10.61.
Toll Brothers (NYSE:TOL) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Toll Brothers Forward PE Ratio Related Terms
Toll Brothers Forward PE Ratio Historical Data
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The historical data trend for Toll Brothers's Forward PE 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.
Toll Brothers Forward PE Ratio Chart
Toll Brothers Annual Data
Trend
2016-10
2017-10
2018-10
2019-10
2020-10
2021-10
2022-10
2023-10
2024-10
2025-10
Forward PE Ratio
8.83
12.48
6.26
9.84
9.64
7.26
4.88
6.49
10.18
9.90
Toll Brothers Quarterly Data
2016-01
2016-04
2016-07
2016-10
2017-01
2017-04
2017-07
2017-10
2018-01
2018-04
2018-07
2018-10
2019-01
2019-04
2019-07
2019-10
2020-01
2020-04
2020-07
2020-10
2021-01
2021-04
2021-07
2021-10
2022-01
2022-04
2022-07
2022-10
2023-01
2023-04
2023-07
2023-10
2024-01
2024-04
2024-07
2024-10
2025-01
2025-04
2025-07
2025-10
2026-01
2026-04
Forward PE Ratio
8.71
8.87
9.02
8.83
10.13
11.57
10.16
12.48
12.58
9.65
6.90
6.26
7.44
8.71
7.89
9.84
11.43
7.67
11.22
9.64
10.40
11.95
7.41
7.26
5.51
4.53
4.46
4.88
6.90
7.49
8.45
6.49
8.21
9.07
9.90
10.18
9.43
7.34
8.61
9.90
11.25
11.49
TOL vs NVR, LEN, TMHC: Forward PE Ratio Comparison
For the Residential Construction subindustry, Toll Brothers's Forward PE Ratio, along with its competitors' market caps and Forward PE 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.
Toll Brothers Forward PE Ratio vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Toll Brothers's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Toll Brothers's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Toll Brothers (TOL) has a Forward PE Ratio of 10.61 as of Jul. 11, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Toll Brothers and its competitors. According to the industry distribution chart, Toll Brothers ranks #16 out of 51 companies in the Homebuilding & Construction industry, placing it in the top 31.4%.
Is Toll Brothers' Forward PE Ratio too high?
Toll Brothers' current Forward PE Ratio is 10.61. The Homebuilding & Construction industry median Forward PE Ratio is 11.79. Toll Brothers' value of 10.61 is 10% below this industry median. Based on the distribution chart, Toll Brothers ranks #16 out of 51 companies in the Homebuilding & Construction industry, which is above the industry midpoint. Overall, Toll Brothers has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toll Brothers' Forward PE Ratio compare to NVR and LEN?
According to the Homebuilding & Construction industry distribution chart, Toll Brothers ranks #16 out of 51 companies for Forward PE Ratio. This puts Toll Brothers in the upper half of its industry. The industry median Forward PE Ratio is 11.79. Toll Brothers' value of 10.61 is 10% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Homebuilding & Construction company?
The median Forward PE Ratio among Homebuilding & Construction companies is 11.79, based on 51 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Toll Brothers's current Forward PE Ratio of 10.61 is 10% below 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Toll Brothers and its competitors. For the Homebuilding & Construction industry, the median Forward PE Ratio is 11.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toll Brothers's current Forward PE Ratio is 10.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toll Brothers stock overvalued right now?
Based on GuruFocus' analysis, Toll Brothers (TOL) is currently considered Fairly Valued. The stock's GF Value™ is $136.79, compared to a current price of $149.49 — trading 9.3% above its estimated fair value. The current Forward PE Ratio is 10.61 and 10% below the Homebuilding & Construction industry median of 11.79. Toll Brothers' overall GF Score™ is 94/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Toll Brothers (TOL), the current Forward PE Ratio is 10.61 as of Jul. 11, 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 Toll Brothers (TOL) Overvalued in 2026?
Based on GuruFocus' analysis, Toll Brothers stock appears to be overvalued.
The current stock price of $149.49 is trading 9.3% above its estimated GF Value™ of $136.79.
GuruFocus considers Toll Brothers to be Fairly Valued.
Key valuation signals for TOL:
Forward PE Ratio: 10.61
GF Value™: $136.79 vs. price of $149.49 (9.3% above fair value)
Industry Position: 10% below the Homebuilding & Construction median (#16 of 51)
No single metric tells the full story. See the TOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toll Brothers is the leading luxury homebuilder in the United States with an average sale price well above public competitors'. The company operates in over 60 markets across 24 states and caters to move-up, active-adult, and second-homebuyers. Toll Brothers consistently ranks as a top 10 builder within the US according to total home closings. Traditional homebuilding operations represent most of the company's revenue. Toll Brothers also builds luxury for-sale and for-rent properties in urban centers across the US It has its headquarters in Horsham, Pennsylvania.
94GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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