AXON
Axon Enterprise
PE ratio, current and historical analysis
- Stocks
- Industrials
- NASDAQ: AXON
- PE Ratio
As at Jun 12, 2026, the AXON stock has a PE ratio of 171.88. This is based on the current EPS of $2.57 and the stock price of $441.73 per share. A decrease of 26% has been seen in the P/E ratio compared to the average of 232.1 of the last 4 quarters.
AXON PE ratio history
The mean historical PE ratio of Axon Enterprise over the last ten years is 363.48. The current 171.88 PE ratio is 53% below the historical average. Over the past ten years, AXON's PE ratio was at its highest in the Dec 2019 quarter at 7,328, with a price of $73.28 and an EPS of $0.01. The Jun 2022 quarter recorded the bottom point at 46.12, with a price of $93.17 and an EPS of $2.02.
Axon Enterprise PE ratio by year
Maximum annual increase: 8,610.33% in 2019
Maximum annual decrease: -68.25% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 354.96 | 197.44% | $567.93 | $1.6 |
| 2024 | 119.34 | 9.49% | $594.32 | $4.98 |
| 2023 | 109 | 35.98% | $258.33 | $2.37 |
| 2022 | 80.16 | N/A | $165.93 | $2.07 |
| 2021 | N/A | N/A | $157 | -$0.91 |
| 2020 | N/A | N/A | $122.53 | -$0.03 |
| 2019 | 7,328 | 8,610.33% | $73.28 | $0.01 |
| 2018 | 84.13 | -68.25% | $43.75 | $0.52 |
| 2017 | 265 | 260.79% | $26.5 | $0.1 |
| 2016 | 73.45 | 57.18% | $24.24 | $0.33 |
| 2015 | 46.73 | -32.94% | $17.29 | $0.37 |
| 2014 | 69.68 | 53.58% | $26.48 | $0.38 |
| 2013 | 45.37 | 37.03% | $15.88 | $0.35 |
| 2012 | 33.11 | N/A | $8.94 | $0.27 |
| 2011 | N/A | N/A | $5.12 | -$0.12 |
Axon Enterprise PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 165.25 | -53.45% | $424.69 | $2.57 |
| Dec 2025 | 354.96 | 65.7% | $567.93 | $1.6 |
| Sep 2025 | 214.22 | 10.48% | $717.64 | $3.35 |
| Jun 2025 | 193.9 | 60.74% | $827.94 | $4.27 |
| Mar 2025 | 120.63 | 1.08% | $525.95 | $4.36 |
| Dec 2024 | 119.34 | 18.57% | $594.32 | $4.98 |
| Sep 2024 | 100.65 | 33.4% | $399.6 | $3.97 |
| Jun 2024 | 75.45 | -15.12% | $294.24 | $3.9 |
| Mar 2024 | 88.89 | -18.45% | $312.88 | $3.52 |
| Dec 2023 | 109 | 10.65% | $258.33 | $2.37 |
| Sep 2023 | 98.51 | -30.83% | $198.99 | $2.02 |
| Jun 2023 | 142.42 | 21.61% | $195.12 | $1.37 |
| Mar 2023 | 117.11 | 46.1% | $224.85 | $1.92 |
| Dec 2022 | 80.16 | 1.11% | $165.93 | $2.07 |
| Sep 2022 | 79.28 | 71.9% | $115.75 | $1.46 |
AXON Price vs fair value
AXON average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of AXON is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
PE comparison
With a P/E of 171.88, AXON is above the Industrials sector and the industry average. Compared to its Industrials sector average of 30.14, Axon Enterprise's P/E is 470% higher.
AXON PE vs peers
AXON's PE ratio is higher than its peer stock EXEL.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EXEL Exelixis Inc | 17.03 | $13.35B |
| AXON Axon Enterprise Inc | 171.88 | $35.6B |
| XBIT XBiotech Inc | N/A | $71.34M |
| QURE uniQure NV | N/A | $1.74B |
Frequently asked questions
What is Axon Enterprise's PE ratio?
As of Jun 12, 2026, AXON stock has a price to earnings ratio of 171.88.
What is the 3-year average PE ratio for Axon Enterprise (AXON)?
Over the last 3 years, the average price to earnings ratio for AXON stock is 148.6.
What is the 5-year average PE ratio for Axon Enterprise (AXON)?
Over the last 5 years, the average price to earnings ratio for AXON stock is 137.84.
What is the highest PE ratio for AXON?
Over the last ten years, the quarterly PE ratio reached a historic high of 7,328 in the Dec 2019 quarter.
How does the current PE ratio for AXON compare to its historical average?
AXON's current price to earnings ratio is 53% below its 10-year historical average.
Why is Axon Enterprise's PE ratio so high?
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
How is AXON's PE ratio calculated (Axon Enterprise PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jun 12, 2026), Axon Enterprise's stock price is $441.73. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $2.57. Therefore, Axon Enterprise's P/E ratio for today is 171.88. PE RATIO(171.88) = STOCK PRICE($441.73) / TTM EPS($2.57)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.