GDYN Grid Dynamics Holdings PE ratio, current and historical analysis

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Relative Growth: Rel. Growth: 32
Relative Strength: Rel. Strength: 81
Relative Valuation: Rel. Valuation: 42
Relative Profitability: Rel. Profitability: 35

As of Oct 1, 2026, the GDYN stock has a PE ratio of 419.0. The calculation is based on the latest EPS of $0.02 and the stock price of $8.38 per share. An increase of 217% has been observed in the PE ratio compared to its average of 132.1 of the last four quarters.

GDYN PE ratio history

How has GDYN's PE ratio performed in the past

The mean historical PE ratio of Grid Dynamics Holdings over the last eight years is 140.58. The current 419.0 P/E ratio is 198% higher than the historical average. Looking back at the last eight years, GDYN's PE ratio peaked in the Dec 2024 quarter at 444.8, with a price of $22.24 and an EPS of $0.05. The Dec 2018 quarter marked the lowest point at 21.04, with a price of $9.68 and an EPS of $0.46.

Today
402.25
Average
140.58
Median
76.67
Minimum
21.04
Maximum
444.8

Grid Dynamics Holdings PE ratio by year

Maximum annual increase: 5.23% in 2019

Maximum annual decrease: -81.54% in 2025

Year PE ratio PE change Price EPS
2025 82.09 -81.54% $9.03 $0.11
2024 444.8 N/A $22.24 $0.05
2023 N/A N/A $13.33 -$0.02
2022 N/A N/A $11.22 -$0.42
2021 N/A N/A $37.97 -$0.13
2020 N/A N/A $12.6 -$0.28
2019 22.14 5.23% $10.85 $0.49
2018 21.04 N/A $9.68 $0.46

Grid Dynamics Holdings PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Jun 2026 284 149.12% $5.68 $0.02
Mar 2026 114 38.87% $5.7 $0.05
Dec 2025 82.09 70.35% $9.03 $0.11
Sep 2025 48.19 -12.38% $7.71 $0.16
Jun 2025 55 -50.8% $11.55 $0.21
Mar 2025 111.79 -74.87% $15.65 $0.14
Dec 2024 444.8 27.09% $22.24 $0.05
Sep 2024 350 N/A $14 $0.04
Jun 2024 N/A N/A $10.51 -$0.01
Mar 2024 409.67 N/A $12.29 $0.03
Dec 2023 N/A N/A $13.33 -$0.02
Sep 2023 N/A N/A $12.18 -$0.16
Jun 2023 N/A N/A $9.25 -$0.27
Mar 2023 N/A N/A $11.46 -$0.5
Dec 2022 N/A N/A $11.22 -$0.42

GDYN Price vs fair value

How does GDYN's price compare to its estimated fair value based on its growth

GDYN average PE ratio chart

What is the average PE ratio of GDYN for the past years

Currently, GDYN's PE ratio is higher than its 3 and 5-year averages.

3-year avg
211.06
5-year avg
211.06
10-year avg
N/A
15-year avg
N/A

PE comparison

Grid Dynamics Holdings's price to earnings (P/E) of 419 is higher than the Technology sector and the industry average.

GDYN PE vs peers

What is GDYN's PE ratio compared to its peers

Frequently asked questions

What is Grid Dynamics Holdings's PE ratio?

The price to earnings ratio for GDYN stock as of Oct 1, 2026, stands at 419.

What is the 3-year average PE ratio for Grid Dynamics Holdings (GDYN)?

As an average over the last 3 years, GDYN stock has a PE ratio of 211.06.

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 211.06.

What is the highest PE ratio for GDYN?

Over the last eight years, the Dec 2024 quarter recorded the highest quarterly PE ratio at 444.8.

How does the current PE ratio for GDYN compare to its historical average?

GDYN's current price to earnings ratio is 198% above its 8-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 419 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 (Oct 1, 2026), Grid Dynamics Holdings's share price is $8.38. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $0.02. Therefore, Grid Dynamics Holdings's PE ratio for today is 419. PE RATIO(419) = STOCK PRICE($8.38) / TTM EPS($0.02)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.