Based on the most recent data from Oct 2, 2026, APP's PEG ratio comes in at 0.25. This metric factors in a PE of 20.52 with an earnings growth rate of 82.0%. Relative to the 0.5 average from the previous four quarters, the PEG ratio has plunged by 50%.
Looking at the last five years, APP's PEG ratio has has been around 1.13 on average. At 0.25, today's PE to growth ratio sits 78% below its historical average. Within the last five years, the Dec 2021 quarter recorded the highest PEG value at 8.04. At 0.01, the Jun 2024 quarter showed the minimum PEG ratio in this period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.62 | 68.48 | 110.3% |
| 2024 | 0.19 | 69.19 | 363.4% |
| 2023 | 0.13 | 39.46 | 294.2% |
| 2022 | N/A | N/A | -620% |
| 2021 | 8.04 | 942.6 | 117.2% |
| 2020 | N/A | N/A | -261.1% |
| 2019 | N/A | N/A | N/A |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 0.48 | 39.42 | 82% |
| Mar 2026 | 0.32 | 33.96 | 106.3% |
| Dec 2025 | 0.62 | 68.48 | 110.3% |
| Sep 2025 | 0.59 | 85.95 | 145.2% |
| Jun 2025 | 0.25 | 48.76 | 194.3% |
| Mar 2025 | 0.21 | 46.65 | 226.4% |
| Dec 2024 | 0.19 | 69.19 | 363.4% |
| Sep 2024 | 0.04 | 38.28 | 1,000% |
| Jun 2024 | 0.01 | 34.11 | 4,780% |
| Mar 2024 | 0.05 | 39.78 | 856.5% |
| Dec 2023 | 0.13 | 39.46 | 294.2% |
| Sep 2023 | 0.54 | 128.9 | 240.9% |
| Jun 2023 | 4.36 | 514.6 | 117.9% |
| Mar 2023 | N/A | N/A | -27.8% |
| Dec 2022 | N/A | N/A | -620% |
Measured against past performance, APP's PEG ratio is below the 3 and 5-year averages.
With a PEG of 0.25, APP is below the Technology sector, the industry and its peers average. Compared to its Technology sector average of 0.66, Applovin's PEG is 62% lower.
Compared to its peers, APP has a PEG ratio under stocks URBN and ANF, while above GAP's and AEO's. With a PEG ratio of 0.25, Applovin stands lower than the 0.65 peer average.
According to Oct 2, 2026 data, APP's PEG ratio sits at 0.25.
Over the last 3 years, APP's PEG ratio has settled near 0.26.
Over the last 5 years, APP's PEG ratio has settled near 1.13.
APP's PEG ratio peaked at 8.04 during the Dec 2021 quarter - the highest in five years.
APP currently has a PEG ratio 78% below its 5-year average.
The 0.25 PEG ratio for APP reflects strong earnings growth outpacing the current valuation.
Computing the PEG ratio involves dividing the PE ratio by the company's EPS growth (YoY TTM). As of Oct 2, 2026, Applovin has a P/E ratio of 20.52. Earnings grew at 82.0% over the TTM period ending Jun 2026. Applying the formula, this produces a price to earnings growth ratio of 0.25. PEG RATIO(0.25) = PE RATIO(20.52) / EPS GROWTH(82.0%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.