The TJX Companies, Inc. (TJX) stock is currently trading at a forward P/E ratio of 27.34, offering a 13.8% discount compared to the Zacks Retail - Discount Stores’ average of 31.71. This makes TJX stock appear undervalued, especially compared to major industry players like Burlington Stores, Inc. (BURL) at 32.01 and Costco Wholesale Corporation (COST) , which has a higher P/E ratio of 53.63. While TJX's lower valuation might catch the attention of value-focused investors, it may also reflect market caution ...