Is The TJX Cos., Inc. overvalued or undervalued?

As of 20 August 2025, the valuation grade for The TJX Cos., Inc. moved from expensive to fair. The company appears fairly valued based on its current metrics. Key ratios include a P/E ratio of 29, an EV to EBITDA of 19.25, and a Price to Book Value of 16.85. In comparison, Ross Stores, Inc. has a P/E of 29.21 and an EV to EBITDA of 20.04, indicating that TJX is competitively positioned within its industry.
In terms of performance, The TJX Cos., Inc. has outperformed the S&P 500 over the year, returning 19.34% compared to the index's 17.14%. This suggests that despite its fair valuation, the stock has shown strong relative performance, reinforcing its attractiveness in the current market environment.