This article analyzes Toronto-Dominion Bank’s valuation after a significant 59.3% rally over the past year, with the stock closing at C$130.33. Using Excess Returns and Price-to-Earnings (P/E) models, Simply Wall St suggests that Toronto-Dominion Bank is currently undervalued. The Excess Returns model indicates an intrinsic value of CA$174.78 per share, while its P/E ratio of 10.94x is below its “Fair Ratio” of 13.46x.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Is Toronto-Dominion Bank (TSX:TD) Still Attractively Priced After A 59% One-Year Rally
This article analyzes Toronto-Dominion Bank’s valuation after a significant 59.3% rally over the past year, with the stock closing at C$130.33. Using Excess Returns and Price-to-Earnings (P/E) models, Simply Wall St suggests that Toronto-Dominion Bank is currently undervalued. The Excess Returns model indicates an intrinsic value of CA$174.78 per share, while its P/E ratio of 10.94x is below its “Fair Ratio” of 13.46x.