The Trade Desk, Inc. (TTD) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on devices like co...
The Trade Desk, Inc. (TTD) currently trades at a P/E ratio of 14.12 (historical range: 13.77–1084.18, median: 187.62), placing it at the 1th percentile — cheap relative to its history, P/S ratio of 1.92 (range: 1.87–49.60, 1th percentile — cheap relative to its history), EV/EBITDA of 8.97 (range: 7.76–16.78, 27th percentile).
Over the historical period (2021-09-14 to 2026-10-16), The Trade Desk, Inc.'s P/E ratio has contracted by 68% over the observed period (from an average of 321.7 to 103.0).
The Trade Desk, Inc. trades well below its historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 14.12 | 187.62 | 1th | cheap relative to its history |
| P/S Ratio | 1.92 | 19.12 | 1th | cheap relative to its history |
| EV/EBITDA | 8.97 | 10.22 | 27th | below its historical average |
| FCF Yield | 15.02% | 1.66% | 99th | cheap relative to its history |
The Trade Desk, Inc. (TTD) Valuation & P/E History
The Trade Desk, Inc. (TTD) is a US-listed stock operating in the Technology sector, specifically the Services-Computer Programming, Data Processing, Etc. industry currently trading at $12.23 with a market capitalization of $5.8 billion. This page provides historical valuation analysis for TTD based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 14.12 is below the historical median of 187.62, placing TTD at the 1th percentile of its valuation range. The P/S ratio of 1.92 compares to a median of 19.12.
TTD Valuation Metrics & Historical Range
The valuation table above shows The Trade Desk, Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether TTD is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests TTD is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for The Trade Desk, Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is TTD Overvalued or Undervalued?
The Trade Desk, Inc. trades well below its historical valuation range across most metrics. The overall valuation percentile of 10 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive TTD is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full TTD analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.TTD trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.