As of May 13, 2024, the GDYN stock has a PE ratio of 338.33. The calculation is based on the latest EPS of $0.03 and the stock price of $10.15 per share.
The mean historical PE ratio of Grid Dynamics Holdings over the last six years is 88.4. The current 338.33 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.
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 |
Currently, GDYN's PE ratio is higher than its 5-year average.
In comparison to its peer stock PAY, GDYN's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PAY Paymentus Holdings Inc | 77.25 | $2.3B |
| GDYN Grid Dynamics Holdings Inc | 338.33 | $776.69M |
The price to earnings ratio for GDYN stock as of May 13, 2024, stands at 338.33.
As an average over the last 5 years, GDYN stock has a PE ratio of 99.63.
Over the last six years, the Mar 2024 quarter recorded the highest quarterly PE ratio at 409.67.
GDYN's current price to earnings ratio is 283% above its 6-year historical average.
GDYN's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 338.33 is considered high.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 13, 2024), Grid Dynamics Holdings's share price is $10.15. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.03. Therefore, Grid Dynamics Holdings's PE ratio for today is 338.33. PE RATIO(338.33) = STOCK PRICE($10.15) / TTM EPS($0.03)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.