APP Applovin PE ratio, current and historical analysis
As at Nov 21, 2024, the APP stock has a PE ratio of 93.33. This is based on the current EPS of $3.41 and the stock price of $318.24 per share. An increase of 146% has been seen in the P/E ratio compared to the average of 37.9 of the last 4 quarters.
APP PE ratio history
The mean historical PE ratio of Applovin over the last three years is 248.25. The current 93.33 PE ratio is 62% 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 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
| 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 average PE ratio chart
APP's current P/E ratio is below the 3-year average.
APP PE vs peers
APP's PE ratio is higher than its peer stocks GAP and ANF. Applovin's current PE ratio of 93.33 is comparable to the average of its peer group, which is 11.08.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GES Guess Inc | 5.18 | $855.15M |
| GAP Gap, Inc. | 10.7 | $8.29B |
| URBN Urban Outfitters Inc | 11.25 | $3.45B |
| BKE Buckle Inc | 11.48 | $2.42B |
| AEO American Eagle Outfitters Inc | 13.56 | $3.31B |
| ANF Abercrombie & Fitch Co | 14.3 | $7.23B |
| APP Applovin Corp | 93.33 | $106.8B |
| TLYS Tilly'S Inc | N/A | $113.97M |
Frequently asked questions
What is Applovin's PE ratio?
The price to earnings ratio for APP stock as of Nov 21, 2024, stands at 93.33.
What is the 3-year average PE ratio for Applovin (APP)?
The 3-year average PE ratio for APP stock is 248.25.
What is the highest PE ratio for APP?
The highest quarterly PE ratio in the last three 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 62% below its 3-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 93.33 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 21, 2024), Applovin's stock price is $318.24. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.41. Therefore, Applovin's P/E ratio for today is 93.33. PE RATIO(93.33) = STOCK PRICE($318.24) / TTM EPS($3.41)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.