As of Jul 26, 2024, the Akamai Technologies stock's price-to-earnings ratio is 23.48. This results from the current EPS of $4.13 and stock price of $96.97. The PE ratio has decreased by 22% from the past four quarters average of 30.1.
The PE ratio of Akamai Technologies has averaged 33.53 over the last ten years. The current price-to-earnings ratio of 23.48 is 30% less than the historical average. In the past ten years, AKAM's PE ratio reached its highest point in the Jun 2018 quarter at 65.97, when the stock price was $73.23 and the EPS was $1.11. The lowest point was recorded in the Sep 2022 quarter, when it reached 23.15 with a price of $80.32 and an EPS of $3.47.
Maximum annual increase: 37.29% in 2017
Maximum annual decrease: -31.42% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 32.97 | 28.69% |
| 2022 | 25.62 | -12.23% |
| 2021 | 29.19 | -4.64% |
| 2020 | 30.61 | 4.19% |
| 2019 | 29.38 | -14.37% |
| 2018 | 34.31 | -31.42% |
| 2017 | 50.03 | 37.29% |
| 2016 | 36.44 | 24.62% |
| 2015 | 29.24 | -13.16% |
| 2014 | 33.67 | 17.77% |
AKAM's current P/E ratio is lower than the 3, 5 and 10-year averages.
AKAM's PE ratio is less than its peer stocks QCOM and EQIX, but it is above IBM's and T's. Akamai Technologies's current PE ratio of 23.48 is less than the average of its peers, which is 29.55.
| Stock name | PE ratio | Market cap |
|---|---|---|
| T At&T Inc | 10.93 | $136.31B |
| FFIV F5 Networks Inc | 21.14 | $10.39B |
| IBM International Business Machines Corp | 21.38 | $176.14B |
| VRSN Verisign Inc | 22.62 | $18.34B |
| AKAM Akamai Technologies Inc | 23.48 | $14.77B |
| QCOM Qualcomm Inc | 23.97 | $200.94B |
| EQIX Equinix Inc | 77.24 | $73.31B |
AKAM stock has a price to earnings ratio of 23.48 as of Jul 26, 2024.
Over the last 3 years, the average PE ratio for AKAM stock is 27.88.
Over the last 5 years, the average PE ratio for AKAM stock is 29.17.
In the last ten years, the Jun 2018 quarter recorded the highest quarterly PE ratio at 65.97.
AKAM's price to earnings ratio is currently 30% below its 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Jul 26, 2024), Akamai Technologies's stock price is $96.97. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.13. Therefore, Akamai Technologies's price to earnings ratio for today is 23.48. PE RATIO(23.48) = STOCK PRICE($96.97) / TTM EPS($4.13)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.