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The Toronto-Dominion Bank's quarterly market cap
increased
from Oct. 2025 ($138,758 Mil) to Jan. 2026 ($156,244 Mil) and
increased
from Jan. 2026 ($156,244 Mil) to Apr. 2026 ($177,926 Mil).
The Toronto-Dominion Bank's annual market cap
declined
from Oct. 2023 ($99,994 Mil) to Oct. 2024 ($96,728 Mil) but then
increased
from Oct. 2024 ($96,728 Mil) to Oct. 2025 ($138,758 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. The Toronto-Dominion Bank's Enterprise Value for Today is $464,878 Mil.
The Toronto-Dominion Bank (NYSE:TD) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
The Toronto-Dominion Bank Market Cap Related Terms
The Toronto-Dominion Bank Market Cap Historical Data
* 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.
For the Banks - Diversified subindustry, The Toronto-Dominion Bank's Market Cap, along with its competitors' market caps and Market Cap 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 Toronto-Dominion Bank Market Cap vs Banks Industry
For the Banks industry and Financial Services sector, The Toronto-Dominion Bank's Market Cap distribution charts can be found below:
* The bar in red indicates where The Toronto-Dominion Bank's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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.
The Toronto-Dominion Bank (TD) has a Market Cap of $202,547 Mil as of Jul. 17, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on The Toronto-Dominion Bank and its competitors. According to the industry distribution chart, The Toronto-Dominion Bank ranks #12 out of 1544 companies in the Banks industry, placing it in the top 0.8%.
Is The Toronto-Dominion Bank's Market Cap too high?
The Toronto-Dominion Bank's current Market Cap is $202,547 Mil. The Banks industry median Market Cap is 719.44. The Toronto-Dominion Bank's value of $202,547 Mil is 28053.3% above this industry median. Based on the distribution chart, The Toronto-Dominion Bank ranks #12 out of 1544 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, The Toronto-Dominion Bank has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Toronto-Dominion Bank's Market Cap compare to JPM and BAC?
According to the Banks industry distribution chart, The Toronto-Dominion Bank ranks #12 out of 1544 companies for Market Cap. This places The Toronto-Dominion Bank in the top 1% of its industry — outperforming the majority of peers. The industry median Market Cap is 719.44. The Toronto-Dominion Bank's value of $202,547 Mil is 28053.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Banks company?
The median Market Cap among Banks companies is 719.44, based on 1,544 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Toronto-Dominion Bank's current Market Cap of $202,547 Mil is 28053.3% 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on The Toronto-Dominion Bank and its competitors. For the Banks industry, the median Market Cap is 719.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Toronto-Dominion Bank's current Market Cap is $202,547 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Toronto-Dominion Bank stock overvalued right now?
Based on GuruFocus' analysis, The Toronto-Dominion Bank (TD) is currently considered Significantly Overvalued. The stock's GF Value™ is $76.59, compared to a current price of $123.90 — trading 61.8% above its estimated fair value. The current Market Cap is $202,547 Mil and 28053.3% above the Banks industry median of 719.44. The Toronto-Dominion Bank's overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For The Toronto-Dominion Bank (TD), the current Market Cap is $202,547 Mil as of Jul. 17, 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 The Toronto-Dominion Bank (TD) Overvalued in 2026?
Based on GuruFocus' analysis, The Toronto-Dominion Bank stock appears to be overvalued.
The current stock price of $123.90 is trading 61.8% above its estimated GF Value™ of $76.59.
GuruFocus considers The Toronto-Dominion Bank to be Significantly Overvalued.
Key valuation signals for TD:
Market Cap: $202,547 Mil
GF Value™: $76.59 vs. price of $123.90 (61.8% above fair value)
Industry Position: 28053.3% above the Banks median (#12 of 1544)
No single metric tells the full story. See the TD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toronto-Dominion is one of Canada's two largest banks with over CAD 2 trillion in assets by the end of April 2026. TD Bank operates four business segments: Canadian personal and commercial banking, US retail banking, wealth management and insurance, and wholesale banking. The bank derives more than 50% of its revenue from Canada and has dominant market shares in nearly all banking products and services. TD has around 44% of its revenue from its US operations. Its US footprint spans from Maine to Florida, with a strong presence in the Northeast.
76GF Score
Get the complete analysis for TD
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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