The Trade Desk (WBO:TTD) Forward PE Ratio : 128.49 (As of May. 11, 2024)

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What is The Trade Desk Forward PE Ratio?

The Trade Desk's Forward PE Ratio for today is 128.49.

The Trade Desk's PE Ratio without NRI for today is 84.88.

The Trade Desk's PE Ratio for today is 218.15.

The Trade Desk Forward PE Ratio Historical Data

The historical data trend for The Trade Desk'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.

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The Trade Desk Forward PE Ratio Chart

The Trade Desk Annual Data

Trend

2019-12

2020-12

2021-12

2022-12

2023-12

2024-05

Forward PE Ratio

80.00

227.27

99.01

38.61

109.89

113.64

The Trade Desk Quarterly Data
	2019-06	2019-09	2019-12	2020-03	2020-06	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	85.47	51.28	80.00	51.02	96.15	116.28	227.27	123.46	175.44	96.15	99.01	71.43	47.85	53.48	38.61	57.47	243.90	96.15	109.89	120.48

Competitive Comparison of The Trade Desk's Forward PE Ratio

For the Software - Application subindustry, The Trade Desk'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.

The Trade Desk's Forward PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, The Trade Desk's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where The Trade Desk's Forward PE Ratio falls into.

The Trade Desk Forward PE Ratio Calculation

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.

The Trade Desk (WBO:TTD) 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 .

The Trade Desk Forward PE Ratio Related Terms

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The Trade Desk (WBO:TTD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » The Trade Desk Inc (WBO:TTD) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

TTD:USA TTD:Mexico TT8:Germany T2TD34:Brazil

Address

42 N. Chestnut Street, Ventura, CA, USA, 93001

Website

https://www.thetradedesk.com

The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, native, and social) on different devices like computers, smartphones, digital out of home, and connected TVs. It utilizes data to optimize the performance of ad impressions purchased. The firm's platform is referred to as a demand-side platform in the digital ad industry. The firm generates its revenue from fees based on a percentage of what its clients spend on advertising. The Trade Desk became a public company in 2016 and has since increased revenue at a 43% average annual rate. During that period, it has been profitable with operating margins of 10%-28%.