EQIX Equinix PE ratio, current and historical analysis
As of Nov 21, 2024, the EQIX stock has a PE ratio of 82.98. The calculation is based on the latest EPS of $11.13 and the stock price of $923.6 per share. An increase of 7% has been observed in the PE ratio compared to its average of 77.3 of the past four quarters.
EQIX PE ratio history
The mean historical PE ratio of Equinix over the last nine years is 133.21. The current 82.98 price-to-earnings ratio is 38% less than the historical average. Analyzing the last nine years, EQIX's PE ratio reached its highest point in the Jun 2016 quarter at 372.82, with a price of $387.73 and an EPS of $1.04. The Jun 2024 quarter saw the lowest point at 69.03, with a price of $756.6 and an EPS of $10.96.
Equinix PE ratio by year
Maximum annual increase: 112.21% in 2016
Maximum annual decrease: -48.54% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 77.82 | -8.64% |
| 2022 | 85.18 | -43.91% |
| 2021 | 151.86 | -10.27% |
| 2020 | 169.24 | 74.83% |
| 2019 | 96.8 | 25.75% |
| 2018 | 76.98 | -48.54% |
| 2017 | 149.58 | -24.25% |
| 2016 | 197.46 | 112.21% |
| 2015 | 93.05 | N/A |
| 2014 | N/A | N/A |
EQIX average PE ratio chart
EQIX's current PE ratio is under its 3, 5 and 10-year averages.
EQIX PE vs peers
EQIX's PE ratio is above its peer stocks VZ and T.
| Stock name | PE ratio | Market cap |
|---|---|---|
| VZ Verizon Communications Inc | 18.32 | $178.91B |
| T At&T Inc | 18.68 | $164.89B |
| AKAM Akamai Technologies Inc | 26.32 | $13.68B |
| EQIX Equinix Inc | 82.98 | $89.12B |
Frequently asked questions
What is Equinix's PE ratio?
EQIX's price to earnings ratio is 82.98 as of Nov 21, 2024.
What is the 3-year average PE ratio for Equinix (EQIX)?
As an average over the last 3 years, EQIX stock has a PE ratio of 91.68.
What is the 5-year average PE ratio for Equinix (EQIX)?
As an average over the last 5 years, EQIX stock has a PE ratio of 113.15.
What is the highest PE ratio for EQIX?
Over the last nine years, the Jun 2016 quarter recorded the highest quarterly PE ratio at 372.82.
How does the current PE ratio for EQIX compare to its historical average?
EQIX's current price to earnings ratio is 38% below its 9-year historical average.
Why is Equinix's PE ratio so high?
EQIX's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.
How is EQIX's PE ratio calculated (Equinix PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Nov 21, 2024), Equinix's share price is $923.6. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $11.13. Therefore, Equinix's price to earnings ratio for today is 82.98. PE RATIO(82.98) = STOCK PRICE($923.6) / TTM EPS($11.13)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.