APP Applovin PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: APP
- PE Ratio
As at Nov 5, 2025, the APP stock has a PE ratio of 85.94. This is based on the current EPS of $7.18 and the stock price of $617.05 per share. An increase of 69% has been seen in the P/E ratio compared to the average of 50.7 of the last 4 quarters.
APP PE ratio history
The mean historical PE ratio of Applovin over the last four years is 190.23. The current 85.94 PE ratio is 55% below the historical average. Over the past four 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 Jun 2024 quarter recorded the bottom point at 34.11, with a price of $83.22 and an EPS of $2.44.
Applovin PE ratio by year
Maximum annual increase: 75.34% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 69.19 | 75.34% | $323.83 | $4.68 |
| 2023 | 39.46 | N/A | $39.85 | $1.01 |
| 2022 | N/A | N/A | $10.53 | -$0.52 |
| 2021 | 942.6 | N/A | $94.26 | $0.1 |
| 2020 | N/A | N/A | N/A | -$0.58 |
| 2019 | N/A | N/A | N/A | $0.36 |
Applovin PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2025 | 48.76 | 4.52% | $350.08 | $7.18 |
| Mar 2025 | 46.65 | -32.58% | $264.97 | $5.68 |
| Dec 2024 | 69.19 | 80.75% | $323.83 | $4.68 |
| Sep 2024 | 38.28 | 12.23% | $130.55 | $3.41 |
| Jun 2024 | 34.11 | -14.25% | $83.22 | $2.44 |
| Mar 2024 | 39.78 | 0.81% | $69.22 | $1.74 |
| Dec 2023 | 39.46 | -69.39% | $39.85 | $1.01 |
| Sep 2023 | 128.9 | -74.95% | $39.96 | $0.31 |
| Jun 2023 | 514.6 | N/A | $25.73 | $0.05 |
| Mar 2023 | N/A | N/A | $15.75 | -$0.23 |
| Dec 2022 | N/A | N/A | $10.53 | -$0.52 |
| Sep 2022 | N/A | N/A | $19.49 | -$0.22 |
| Jun 2022 | N/A | N/A | $34.44 | -$0.28 |
| Mar 2022 | N/A | N/A | $55.07 | -$0.18 |
| Dec 2021 | 942.6 | N/A | $94.26 | $0.1 |
APP Price vs fair value
APP average PE ratio chart
APP's current P/E ratio is below the 3-year average.
PE comparison
With a P/E of 85.94, APP is above the Technology sector, the industry and its peers average. Compared to its Technology sector average of 32.57, Applovin's P/E is 164% higher.
APP PE vs peers
APP's PE ratio is higher than its peer stocks GAP and URBN. Applovin's current PE ratio of 85.94 is comparable to the average of its peer group, which is 14.73.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ANF Abercrombie & Fitch Co | 6.46 | $3.31B |
| GAP Gap, Inc. | 9.97 | $8.73B |
| URBN Urban Outfitters Inc | 12.4 | $5.78B |
| BKE Buckle Inc | 14.29 | $2.95B |
| AEO American Eagle Outfitters Inc | 15.9 | $2.85B |
| GES Guess Inc | 29.28 | $884.36M |
| APP Applovin Corp | 85.94 | $208.72B |
| TLYS Tilly'S Inc | N/A | $43.88M |
Frequently asked questions
What is Applovin's PE ratio?
The price to earnings ratio for APP stock as of Nov 5, 2025, stands at 85.94.
What is the 3-year average PE ratio for Applovin (APP)?
The 3-year average PE ratio for APP stock is 106.64.
What is the highest PE ratio for APP?
The highest quarterly PE ratio in the last four years has been 942.6 and it was in the Dec 2021 quarter.
How does the current PE ratio for APP compare to its historical average?
APP's current price to earnings ratio is 55% below its 4-year historical average.
Why is Applovin's PE ratio so high?
APP's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 85.94 is considered high.
How is APP's PE ratio calculated (Applovin PE ratio formula)?
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 (Nov 5, 2025), Applovin's stock price is $617.05. The earnings per share for the trailing twelve months (TTM) ending Jun 2025 is $7.18. Therefore, Applovin's P/E ratio for today is 85.94. PE RATIO(85.94) = STOCK PRICE($617.05) / TTM EPS($7.18)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.