How does the PE ratio of TTD compare to its industry peers?

The P/E ratio of The Trade Desk (TTD) is significantly higher than its industry peers, indicating a higher valuation relative to earnings. As of April 3, 2024, TTD's P/E ratio stood at 237.97, while the industry average is likely to be lower. This could suggest that investors have high expectations for TTD's future earnings growth, possibly due to its strong revenue growth and improving profitability. However, without specific data on the industry average and a detailed analysis of TTD's competitors, it's challenging to provide a precise comparison.