As at Jul 25, 2024, the APP stock has a PE ratio of 43.78. This is based on the current EPS of $1.74 and the stock price of $76.17 per share. A decrease of 76% has been seen in the P/E ratio compared to the average of 180.7 of the last 4 quarters.
The mean historical PE ratio of Applovin over the last three years is 333.07. The current 43.78 PE ratio is 87% below the historical average. Over the past three years, APP's PE ratio was at its highest in the Dec 2021 quarter at 942.6, with a price of $94.26 and an EPS of $0.1. The Dec 2023 quarter recorded the bottom point at 39.46, with a price of $39.85 and an EPS of $1.01.
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 39.46 | N/A |
| 2022 | N/A | N/A |
| 2021 | 942.6 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
APP's current P/E ratio is below the 3-year average.
APP's PE ratio is higher than its peer stocks GPS and ANF. Applovin's current PE ratio of 43.78 is comparable to the average of its peer group, which is 12.99.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GES Guess Inc | 5.68 | $1.26B |
| BKE Buckle Inc | 9.72 | $2.11B |
| GPS Gap Inc | 11.72 | $8.04B |
| URBN Urban Outfitters Inc | 15.03 | $4.35B |
| ANF Abercrombie & Fitch Co | 18.1 | $7.8B |
| AEO American Eagle Outfitters Inc | 19.41 | $4.27B |
| APP Applovin Corp | 44.57 | $25.52B |
| TLYS Tilly'S Inc | N/A | $165.15M |
The price to earnings ratio for APP stock as of Jul 25, 2024, stands at 43.78.
The 3-year average PE ratio for APP stock is 333.07.
The highest quarterly PE ratio in the last three years has been 942.6 and it was in the Dec 2021 quarter.
APP's current price to earnings ratio is 87% below its 3-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Applovin's stock price is $76.17. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.74. Therefore, Applovin's P/E ratio for today is 43.78. PE RATIO(43.78) = STOCK PRICE($76.17) / TTM EPS($1.74)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.