APP Applovin PEG ratio, current and historical analysis

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Relative Growth: Rel. Growth: 93
Relative Strength: Rel. Strength: 71
Relative Valuation: Rel. Valuation: 33
Relative Profitability: Rel. Profitability: 99

Based on the most recent data from Jun 2, 2026, APP's PEG ratio comes in at 0.49. This metric factors in a PE of 51.67 with an earnings growth rate of 106.3%. Relative to the 0.45 average from the previous four quarters, the PEG ratio has grown by 10%.

APP PEG ratio history

How has APP's PEG ratio performed in the past

Looking at the last five years, APP's PEG ratio has has been around 1.18 on average. At 0.49, today's PE to growth ratio sits 58% 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.

Today
0.46
Average
1.18
Median
0.25
Minimum
0.01
Maximum
8.04

Applovin PEG ratio by year

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

Applovin PEG ratio by quarter (TTM)

Year PEG ratio PE ratio Growth YoY
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%
Sep 2022 N/A N/A -144.4%

APP average PEG ratio chart

What is the average PEG ratio of APP for the past years

Measured against past performance, APP's PEG ratio is below the 3 and 5-year averages.

3-year avg
0.61
5-year avg
1.18
10-year avg
N/A
15-year avg
N/A

PEG comparison

With a PEG of 0.49, APP is below the Technology sector and the industry average. Compared to its Technology sector average of 0.8, Applovin's PEG is 39% lower.

APP EPS growth

Earnings per share growth rates over time chart

APP Price vs fair value

How does APP's price compare to its estimated fair value based on its growth

APP PEG vs peers

What is APP's PEG ratio compared to its peers

APP has a PEG ratio below that of peer stocks GAP and URBN.

Stock name PEG ratio Market cap
APP Applovin Corp 0.46 $191.76B
GAP Gap, Inc. 0.73 $7.63B
URBN Urban Outfitters Inc 0.75 $6.21B
BKE Buckle Inc 1.63 $2.24B
ANF Abercrombie & Fitch Co N/A $3.43B
TLYS Tilly'S Inc N/A $135.31M
AEO American Eagle Outfitters Inc N/A $2.72B

Frequently asked questions

What is Applovin's PEG ratio?

According to Jun 2, 2026 data, APP's PEG ratio sits at 0.49.

What is the 3-year average PEG ratio for Applovin (APP)?

Over the last 3 years, APP's PEG ratio has settled near 0.61.

What is the 5-year average PEG ratio for Applovin (APP)?

Over the last 5 years, APP's PEG ratio has settled near 1.18.

What is the highest PEG ratio for APP?

APP's PEG ratio peaked at 8.04 during the Dec 2021 quarter - the highest in five years.

How does the current PEG ratio for APP compare to its historical average?

APP currently has a PEG ratio 58% below its 5-year average.

Why is Applovin's PEG ratio so low?

The 0.49 PEG ratio for APP reflects strong earnings growth outpacing the current valuation.

How is APP's PEG ratio calculated (Applovin PEG ratio formula)?

Computing the PEG ratio involves dividing the PE ratio by the company's EPS growth (YoY TTM). As of Jun 2, 2026, Applovin has a P/E ratio of 51.67. Earnings grew at 106.3% over the TTM period ending Mar 2026. Applying the formula, this produces a price to earnings growth ratio of 0.49. PEG RATIO(0.49) = PE RATIO(51.67) / EPS GROWTH(106.3%)

All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.