The Trade Desk
TTD
#321
Rank
ยฃ50.86 B
Marketcap
ยฃ103.06
Share price
1.85%
Change (1 day)
92.61%
Change (1 year)
The Trade Desk Inc. is a global technology company that markets a software platform that enables digital ad buyers to acquire data-driven digital advertising campaigns for a variety of ad formats and devices.

P/E ratio for The Trade Desk (TTD)

P/E ratio as of November 2024 (TTM): 475

According to The Trade Desk 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 475.37. At the end of 2022 the company had a P/E ratio of 408.

P/E ratio history for The Trade Desk from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202240828.97%
2021316103.96%
202015544.33%
201910790.54%
201856.355.23%
201736.3-179.73%
2016-45.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-46.2-109.71%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.