GDYN Grid Dynamics Holdings PE ratio, current and historical analysis
As of Nov 21, 2024, the GDYN stock has a PE ratio of 442.75. The calculation is based on the latest EPS of $0.04 and the stock price of $17.71 per share.
GDYN PE ratio history
The mean historical PE ratio of Grid Dynamics Holdings over the last six years is 121.1. The current 442.75 P/E ratio is similar to the historical average. Looking back at the last six years, GDYN's PE ratio peaked in the Mar 2024 quarter at 409.67, with a price of $12.29 and an EPS of $0.03. The Dec 2018 quarter marked the lowest point at 21.04, with a price of $9.68 and an EPS of $0.46.
Grid Dynamics Holdings PE ratio by year
Maximum annual increase: 5.23% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2023 | N/A | N/A |
| 2022 | N/A | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | 22.14 | 5.23% |
| 2018 | 21.04 | N/A |
GDYN average PE ratio chart
Currently, GDYN's PE ratio is higher than its 5-year average.
GDYN PE vs peers
In comparison to its peer stocks PANW and PAY, GDYN's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PANW Palo Alto Networks Inc | 46.9 | $130.49B |
| PAY Paymentus Holdings Inc | 106.79 | $4.53B |
| GDYN Grid Dynamics Holdings Inc | 442.75 | $1.36B |
Frequently asked questions
What is Grid Dynamics Holdings's PE ratio?
The price to earnings ratio for GDYN stock as of Nov 21, 2024, stands at 442.75.
What is the 5-year average PE ratio for Grid Dynamics Holdings (GDYN)?
As an average over the last 5 years, GDYN stock has a PE ratio of 177.03.
What is the highest PE ratio for GDYN?
Within the last six years, the current PE ratio is at its peak with a value of 442.75.
How does the current PE ratio for GDYN compare to its historical average?
GDYN's current price to earnings ratio is 266% above its 6-year historical average.
Why is Grid Dynamics Holdings's PE ratio so high?
GDYN's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 442.75 is considered high.
How is GDYN's PE ratio calculated (Grid Dynamics Holdings PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Grid Dynamics Holdings's share price is $17.71. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.04. Therefore, Grid Dynamics Holdings's PE ratio for today is 442.75. PE RATIO(442.75) = STOCK PRICE($17.71) / TTM EPS($0.04)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.