Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 11.86.
Forward PE Ratio (11.86) = Close Price ($116.55) / Consensus Forward EPS ($9.88)
FORWARD PE RATIO
11.86
SECTOR MEDIAN · FINANCIAL SERVICES
14.61
median of 84 covered companies
CURRENT VS SECTOR MEDIAN
-18.82%
vs the sector median at left
The Toronto-Dominion Bank
Market Cap
$196.91B
Forward PE Ratio
11.86
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| The Toronto-Dominion Bank (TD) | $196.91B | 11.86 |
| The Charles Schwab Corporation (SCHW)vs › | $197.65B | 17.28 |
| BlackRock, Inc. (BLK)vs › | $181.75B | 20.50 |
| Blackstone Inc. (BX)vs › | $173.49B | 24.04 |
| Citigroup Inc. (C)vs › | $225.89B | 11.76 |
| Vanguard FTSE Emerging Markets ETF (VWO)vs › | $167.43B | N/A |
| American Express Company (AXP)vs › | $227.80B | 19.04 |
| Interactive Brokers Group, Inc. (IBKR)vs › | $160.79B | 34.59 |
| Wells Fargo & Company (WFC)vs › | $256.22B | 11.50 |
| Chubb Limited (CB)vs › | $133.42B | 12.31 |
Trailing P/E
19.0
reported TTM EPS
Forward P/E
11.9
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $9.88 implies +60.4% EPS growth vs the reported trailing $6.16.
At today's $116.55 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-10-31 | $9.88 | $9.82 – $9.95 | 7 | 11.8x |
| 2027-10-31 | $11.00 | $10.77 – $11.22 | 5 | 10.6x |
| 2028-10-31 | $12.25 | $11.11 – $13.38 | 2 | 9.5x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
