BL
Blackline
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: BL
- PE Ratio
The current PE ratio for Blackline stock as of Jun 3, 2026 is 65.48. This is calculated based on the TTM EPS of $0.44 and the stock price of $28.81 per share. The PE ratio marks a decrease of 14% from its last 4 quarters average of 76.5.
BL PE ratio history
The average historical PE ratio of Blackline for the last three years is 78.25. The current P/E ratio of 65.48 is 16% lower than the historical average. Looking back at the last three years, BL's PE ratio peaked in the Jun 2023 quarter at 336.38, when the price was $53.82 and the EPS was $0.16. The lowest point was in the Mar 2025 quarter, when it reached 19.21 with a price of $48.42 and an EPS of $2.52.
Blackline PE ratio by year
Maximum annual increase: 489.22% in 2025
Maximum annual decrease: -67.31% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 138.23 | 489.22% | $55.29 | $0.4 |
| 2024 | 23.46 | -67.31% | $60.76 | $2.59 |
| 2023 | 71.77 | N/A | $62.44 | $0.87 |
| 2022 | N/A | N/A | $67.27 | -$0.49 |
| 2021 | N/A | N/A | $103.54 | -$1.97 |
| 2020 | N/A | N/A | $133.38 | -$0.83 |
| 2019 | N/A | N/A | $51.56 | -$0.59 |
| 2018 | N/A | N/A | $40.95 | -$0.53 |
| 2017 | N/A | N/A | $32.8 | -$0.64 |
| 2016 | N/A | N/A | $27.63 | -$0.62 |
| 2015 | N/A | N/A | N/A | -$0.61 |
| 2014 | N/A | N/A | N/A | -$0.42 |
Blackline PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 84.09 | -39.17% | $37 | $0.44 |
| Dec 2025 | 138.23 | 217.62% | $55.29 | $0.4 |
| Sep 2025 | 43.52 | 8.37% | $53.1 | $1.22 |
| Jun 2025 | 40.16 | 109.06% | $56.62 | $1.41 |
| Mar 2025 | 19.21 | -18.12% | $48.42 | $2.52 |
| Dec 2024 | 23.46 | -12.36% | $60.76 | $2.59 |
| Sep 2024 | 26.77 | 9.4% | $55.14 | $2.06 |
| Jun 2024 | 24.47 | -52.63% | $48.45 | $1.98 |
| Mar 2024 | 51.66 | -28.02% | $64.58 | $1.25 |
| Dec 2023 | 71.77 | -9.43% | $62.44 | $0.87 |
| Sep 2023 | 79.24 | -76.44% | $55.47 | $0.7 |
| Jun 2023 | 336.38 | N/A | $53.82 | $0.16 |
| Mar 2023 | N/A | N/A | $67.15 | -$0.53 |
| Dec 2022 | N/A | N/A | $67.27 | -$0.49 |
| Sep 2022 | N/A | N/A | $59.9 | -$1.32 |
BL Price vs fair value
BL 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.
Currently, BL's PE ratio is lower than its 3 and 5-year averages.
PE comparison
Blackline's price to earnings (P/E) of 65.48 is higher than the Technology sector and the industry average. In comparison with the Technology sector average of 37.29, Blackline's price to earnings (P/E) is 76% higher.
BL PE vs peers
In comparison to its peer stock PHR, BL's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PHR Phreesia Inc | 66.8 | $619.36M |
| BL Blackline Inc | 67.34 | $1.74B |
| PHUN Phunware Inc | N/A | $41.3M |
Frequently asked questions
What is Blackline's PE ratio?
The price to earnings ratio for BL stock as of Jun 3, 2026, stands at 65.48.
What is the 3-year average PE ratio for Blackline (BL)?
The average PE ratio for BL stock over the past 3 years is 78.25.
What is the 5-year average PE ratio for Blackline (BL)?
The average PE ratio for BL stock over the past 5 years is 78.25.
What is the highest PE ratio for BL?
Over the last three years, the quarterly PE ratio reached its highest level at 336.38 in the Jun 2023 quarter.
How does the current PE ratio for BL compare to its historical average?
The current PE ratio of BL is 16% lower than the 3-year historical average.
How is BL's PE ratio calculated (Blackline PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 3, 2026), Blackline's share price is $28.81. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.44. Therefore, Blackline's PE ratio for today is 65.48. PE RATIO(65.48) = STOCK PRICE($28.81) / TTM EPS($0.44)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.