BL Blackline PE ratio, current and historical analysis
The current PE ratio for Blackline stock as of Feb 21, 2025 is 23.83. This is calculated based on the TTM EPS of $2.06 and the stock price of $49.1 per share. The PE ratio marks a decrease of 45% from its last 4 quarters average of 43.7.
BL PE ratio history
The average historical PE ratio of Blackline for the last two years is 98.38. The current P/E ratio of 23.83 is 76% lower than the historical average. Looking back at the last two 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 Jun 2024 quarter, when it reached 24.47 with a price of $48.45 and an EPS of $1.98.
Blackline PE ratio by year
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|
| 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 |
| Jun 2022 | N/A | N/A | $66.6 | -$1.21 |
| Mar 2022 | N/A | N/A | $73.22 | -$1.47 |
| Dec 2021 | N/A | N/A | $103.54 | -$1.97 |
| Sep 2021 | N/A | N/A | $118.06 | -$1.64 |
| Jun 2021 | N/A | N/A | $111.27 | -$1.56 |
| Mar 2021 | N/A | N/A | $108.4 | -$1.27 |
BL average PE ratio chart
Currently, BL's PE ratio is lower than its 3 and 5-year averages.
BL PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| BL Blackline Inc | 23.83 | $3.07B |
| PHR Phreesia Inc | N/A | $1.64B |
| PHUN Phunware Inc | N/A | $70.01M |
Frequently asked questions
What is Blackline's PE ratio?
The price to earnings ratio for BL stock as of Feb 21, 2025, stands at 23.83.
What is the 3-year average PE ratio for Blackline (BL)?
The average PE ratio for BL stock over the past 3 years is 98.38.
What is the 5-year average PE ratio for Blackline (BL)?
The average PE ratio for BL stock over the past 5 years is 98.38.
What is the highest PE ratio for BL?
Over the last two 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 76% lower than the 2-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 (Feb 21, 2025), Blackline's share price is $49.1. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.06. Therefore, Blackline's PE ratio for today is 23.83. PE RATIO(23.83) = STOCK PRICE($49.1) / TTM EPS($2.06)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.