Home / Stocks / TD

Toronto Dominion Bank (TD, Diversified Banks) Stock Valuation & Fair Value Trading above its usual valuation

Toronto Dominion Bank (TD, Diversified Banks) trades at a blended P/E of 16.6, about 40% above its historical normal valuation, with a forward growth estimate of 11.6% and a PEG of 1.44. Analysts' one-year estimates have been hit 55% of the time. Priced at its historical normal P/E of 11.9 on the same blended earnings, the 2026-10-02 close of $117.88 corresponds to about $84.40 a share. This is a valuation reference, not a price target.

No quality score is published for this company, which is normal for insurers, banks and REITs. This rating reflects valuation and forecast return, and for the top ratings, credit rating, growth and analyst accuracy.

Blended P/E
16.6
Normal P/E
11.9
PEG
1.44
Fwd growth
11.6%
Div yield
2.7%
RSI (14)
34.1
Neutral
Technical context
  • Price $114.04 at the 2026-10-08 close, 4.5% below the 20-day average ($119.44) and 5.1% below the 50-day ($120.17).
  • RSI (14) at 34.1.
  • 52-week range $77.19 to $124.80: the price is 8.6% below the high and 47.7% above the low.

The Street vs SeerForecast

Wall Street's mean price target for TD is $119.17 across 3 analysts, 4.5% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: trading above its usual valuation. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from significantly overvalued (2026-08-21) to trading above its usual valuation (2026-10-05).

Blended P/E and rating by weekBlended P/E moved from 17.2 to 16.6 between 2026-08-21 and 2026-10-02, against a normal P/E of 11.9, with 1 rating change over 16 recorded weeks.2026-08-21: P/E 17.2, Significantly overvalued, recalculated for the week of 2026-08-212026-08-21: P/E 17.1, Significantly overvalued, recorded live 2026-08-242026-08-27: P/E 17.1, Significantly overvalued, recalculated for the week of 2026-08-272026-08-28: P/E 17.1, Significantly overvalued, recalculated for the week of 2026-08-282026-08-28: P/E 17.1, Significantly overvalued, recalculated for the week of 2026-08-302026-08-28: P/E 17.1, Significantly overvalued, recorded live 2026-08-312026-09-04: P/E 17.1, Significantly overvalued, recalculated for the week of 2026-09-052026-09-04: P/E 17.2, Significantly overvalued, recorded live 2026-09-072026-09-11: P/E 17.2, Significantly overvalued, recalculated for the week of 2026-09-122026-09-11: P/E 17.0, Significantly overvalued, recorded live 2026-09-142026-09-18: P/E 17.0, Significantly overvalued, recalculated for the week of 2026-09-192026-09-18: P/E 17.3, Significantly overvalued, recorded live 2026-09-212026-09-25: P/E 17.0, Significantly overvalued, recalculated for the week of 2026-09-262026-09-25: P/E 17.0, Significantly overvalued, recorded live 2026-09-282026-10-02: P/E 16.6, Trading above its usual valuation, recalculated for the week of 2026-10-032026-10-02: P/E 16.6, Trading above its usual valuation, recorded live 2026-10-0512.014.016.0Aug 21Aug 31Sep 11Sep 22Oct 2Normal P/E 11.9
Trading above its usual valuationSignificantly overvaluedLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-08-21P/E 17.2+45%Significantly overvalued (recalculated)
2026-09-21P/E 17.3+45%Significantly overvalued
2026-10-03P/E 16.6+40%Trading above its usual valuation (recalculated)
2026-10-05P/E 16.6+40%Trading above its usual valuation ← now
Show all 16 weeks
WeekBlended P/EPremium to normal P/ERating
2026-08-21P/E 17.2+45%Significantly overvalued (recalculated)
2026-08-24P/E 17.1+44%Significantly overvalued
2026-08-27P/E 17.1+44%Significantly overvalued (recalculated)
2026-08-28P/E 17.1+44%Significantly overvalued (recalculated)
2026-08-30P/E 17.1+44%Significantly overvalued (recalculated)
2026-08-31P/E 17.1+44%Significantly overvalued
2026-09-05P/E 17.1+44%Significantly overvalued (recalculated)
2026-09-07P/E 17.2+45%Significantly overvalued
2026-09-12P/E 17.2+45%Significantly overvalued (recalculated)
2026-09-14P/E 17.0+43%Significantly overvalued
2026-09-19P/E 17.0+43%Significantly overvalued (recalculated)
2026-09-21P/E 17.3+45%Significantly overvalued
2026-09-26P/E 17.0+43%Significantly overvalued (recalculated)
2026-09-28P/E 17.0+43%Significantly overvalued
2026-10-03P/E 16.6+40%Trading above its usual valuation (recalculated)
2026-10-05P/E 16.6+40%Trading above its usual valuation ← now

Frequently asked questions

Is Toronto Dominion Bank stock overvalued?

At a blended P/E of 16.6 versus its historical normal P/E of 11.9, Toronto Dominion Bank trades about 40% above its typical valuation, with a PEG of 1.44 on 11.6% forward growth. tickerseer currently rates it trading above its usual valuation.

What is Toronto Dominion Bank's fair value and PEG?

Toronto Dominion Bank trades at a blended P/E of 16.6 against a historical normal P/E of 11.9, a PEG of 1.44, and a forward growth estimate of 11.6%. Priced at its historical normal P/E of 11.9 on the same blended earnings, the 2026-10-02 close of $117.88 corresponds to about $84.40 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Toronto Dominion Bank changed?

tickerseer's rating moved from significantly overvalued (2026-08-21) to trading above its usual valuation (2026-10-05).

What is the analyst price target for Toronto Dominion Bank?

The mean Wall Street price target for Toronto Dominion Bank is $119.17 across 3 analysts, 4.5% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Diversified Banks. Create a free account to see the full analysis: the SeerAI score, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

Get the free weekly earnings preview

One email each Monday with the week's named earnings setups, the reasoning, and what settled last week. Strikes and sizing stay in Premium.

It's free, and you can unsubscribe any time. We also send a short product update once a month. Educational content, not investment advice.