APP
Applovin
PEG ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: APP
- PEG Ratio
Based on the most recent data from Jun 22, 2026, APP's PEG ratio comes in at 0.38. This metric factors in a PE of 40.05 with an earnings growth rate of 106.3%. Relative to the 0.45 average from the previous four quarters, the PEG ratio has contracted by 15%.
APP PEG ratio history
Looking at the last five years, APP's PEG ratio has has been around 1.18 on average. At 0.38, today's PE to growth ratio sits 68% 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.
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
Measured against past performance, APP's PEG ratio is below the 3 and 5-year averages.
PEG comparison
With a PEG of 0.38, APP is below the Technology sector, the industry and its peers average. Compared to its Technology sector average of 0.75, Applovin's PEG is 49% lower.
APP EPS growth
APP Price vs fair value
APP PEG vs peers
Compared to its peers, APP has a PEG ratio under stocks GAP and URBN, while above AEO's. With a PEG ratio of 0.38, Applovin stands lower than the 0.82 peer average.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| AEO American Eagle Outfitters Inc | 0.17 | $2.97B |
| APP Applovin Corp | 0.37 | $156.89B |
| GAP Gap, Inc. | 0.71 | $7.36B |
| BKE Buckle Inc | 0.84 | $2.27B |
| URBN Urban Outfitters Inc | 1.53 | $6.08B |
| ANF Abercrombie & Fitch Co | 13.25 | $3.74B |
| TLYS Tilly'S Inc | N/A | $135.67M |
Frequently asked questions
What is Applovin's PEG ratio?
According to Jun 22, 2026 data, APP's PEG ratio sits at 0.38.
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 68% below its 5-year average.
Why is Applovin's PEG ratio so low?
The 0.38 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 22, 2026, Applovin has a P/E ratio of 40.05. Earnings grew at 106.3% over the TTM period ending Mar 2026. Applying the formula, this produces a price to earnings growth ratio of 0.38. PEG RATIO(0.38) = PE RATIO(40.05) / EPS GROWTH(106.3%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.