RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Toronto-Dominion Bank P/E 2024

Toronto-Dominion Bank P/E

10.23

Toronto-Dominion Bank Dividend yield

4.81 %

Ticker

TD.TO

ISIN

CA8911605092

WKN

852684

As of Apr 20, 2024, Toronto-Dominion Bank's P/E ratio was 10.23, a -25.87% change from the 13.8 P/E ratio recorded in the previous year.

The Toronto-Dominion Bank P/E history

Toronto-Dominion Bank Aktienanalyse

What does Toronto-Dominion Bank do?

The Toronto-Dominion Bank, also known as TD Bank, is one of Canada's largest banks. With a history dating back to 1855, TD Bank is a familiar face in the Canadian market. The bank's business model is diverse, offering a comprehensive range of financial services. History: TD Bank has its roots in the City Bank of Toronto, founded in 1855. Over the years, the bank merged with other institutions and changed its name several times before becoming known as Toronto-Dominion Bank in 1955. In the 1980s, the bank expanded internationally, particularly in the United States through the acquisition of Greenwoods Trust Company in New York. Business Model: TD Bank's business model is based on a solid foundation of financial services that meet the needs of consumers, small businesses, medium-sized enterprises, and large corporations. The bank covers various areas, including: 1. Retail Banking: TD Bank offers a wide range of financial products and services, ranging from checking accounts, savings accounts, and credit cards to mortgages, home loans, and investment advice. 2. Commercial Banking: TD Bank supports small and medium-sized businesses by providing financing solutions such as lines of credit, loans, cash management services, and more. 3. Investment Banking: TD Bank also offers investment banking services to its clients, such as mergers and acquisitions, equity financing, and securities issuance. 4. Wealth Management: TD Bank is a significant asset manager, offering a variety of investment products and services, including mutual funds, wealth management, debt management, and more. Divisions: TD Bank has various divisions to expand its services and meet the needs of its customers. 1. TD Canada Trust: TD Canada Trust is TD Bank's retail banking division, offering a wide range of financial products and services. 2. TD Ameritrade: TD Ameritrade is a brokerage firm that was fully acquired by TD Bank in 2019. The company provides its clients with numerous online trading platforms. 3. TD Asset Management: TD Asset Management is TD Bank's asset management division, offering financial services such as investment funds, institutional asset management, decision support, and consulting. Products: TD Bank offers a variety of products to meet customers' requirements and help them achieve their goals. 1. Accounts and Cards: TD Bank offers various accounts and cards that meet customers' needs, including checking accounts, savings accounts, credit cards, and more. 2. Loans: The bank offers various loans such as mortgages, home loans, and auto loans. 3. Investments: TD Bank offers investment opportunities such as investment funds, ETFs, bonds, and more. 4. Insurance: TD Bank offers various insurance policies, including life insurance, car insurance, liability insurance, and more. Conclusion: The Toronto-Dominion Bank is one of Canada's leading banks, offering a wide range of financial services. With a solid foundation of retail and commercial banking, investment banking, and wealth management, the bank has a strong presence in the market. Through its various divisions and products, TD Bank strives to meet the needs of its customers and provide them with long-term financial services. Toronto-Dominion Bank ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Toronto-Dominion Bank's P/E Ratio

The Price to Earnings (P/E) Ratio of Toronto-Dominion Bank is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Toronto-Dominion Bank's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Toronto-Dominion Bank is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Toronto-Dominion Bank’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Toronto-Dominion Bank Stock

What is the price-to-earnings ratio of Toronto-Dominion Bank?

The price-earnings ratio of Toronto-Dominion Bank is currently 10.23.

How has the price-earnings ratio of Toronto-Dominion Bank changed compared to last year?

The price-to-earnings ratio of Toronto-Dominion Bank has increased by -25.87% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Toronto-Dominion Bank high compared to other companies?

Yes, the price-to-earnings ratio of Toronto-Dominion Bank is high compared to other companies.

How does an increase in the price-earnings ratio of Toronto-Dominion Bank affect the company?

An increase in the price-earnings ratio of Toronto-Dominion Bank would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Toronto-Dominion Bank affect the company?

A decrease in the price-earnings ratio of Toronto-Dominion Bank would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Toronto-Dominion Bank?

Some factors that influence the price-earnings ratio of Toronto-Dominion Bank are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Toronto-Dominion Bank pay?

Over the past 12 months, Toronto-Dominion Bank paid a dividend of 3.84 CAD . This corresponds to a dividend yield of about 4.81 %. For the coming 12 months, Toronto-Dominion Bank is expected to pay a dividend of 4.19 CAD.

What is the dividend yield of Toronto-Dominion Bank?

The current dividend yield of Toronto-Dominion Bank is 4.81 %.

When does Toronto-Dominion Bank pay dividends?

Toronto-Dominion Bank pays a quarterly dividend. This is distributed in the months of August, November, February, May.

How secure is the dividend of Toronto-Dominion Bank?

Toronto-Dominion Bank paid dividends every year for the past 0 years.

What is the dividend of Toronto-Dominion Bank?

For the upcoming 12 months, dividends amounting to 4.19 CAD are expected. This corresponds to a dividend yield of 5.25 %.

In which sector is Toronto-Dominion Bank located?

Toronto-Dominion Bank is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Toronto-Dominion Bank kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Toronto-Dominion Bank from 4/30/2024 amounting to 1.02 CAD, you needed to have the stock in your portfolio before the ex-date on 4/8/2024.

When did Toronto-Dominion Bank pay the last dividend?

The last dividend was paid out on 4/30/2024.

What was the dividend of Toronto-Dominion Bank in the year 2023?

In the year 2023, Toronto-Dominion Bank distributed 3.56 CAD as dividends.

In which currency does Toronto-Dominion Bank pay out the dividend?

The dividends of Toronto-Dominion Bank are distributed in CAD.

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Andere Kennzahlen von Toronto-Dominion Bank

Our stock analysis for Toronto-Dominion Bank Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Toronto-Dominion Bank Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.