GDYN
Grid Dynamics Holdings
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: GDYN
- PE Ratio
As of Jun 3, 2026, the GDYN stock has a PE ratio of 140.8. The calculation is based on the latest EPS of $0.05 and the stock price of $7.04 per share. An increase of 88% has been observed in the PE ratio compared to its average of 74.8 of the last four quarters.
GDYN PE ratio history
The mean historical PE ratio of Grid Dynamics Holdings over the last eight years is 130.34. The current 140.8 P/E ratio is 8% 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.
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 |
|---|---|---|---|---|
| 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 |
| Sep 2022 | N/A | N/A | $18.73 | -$0.4 |
GDYN Price vs fair value
GDYN average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, GDYN's PE ratio is lower than its 3 and 5-year averages.
PE comparison
Grid Dynamics Holdings's price to earnings (P/E) of 140.8 is higher than the Technology sector and the industry average. In comparison with the Technology sector average of 37.29, Grid Dynamics Holdings's price to earnings (P/E) is 278% higher.
GDYN PE vs peers
In comparison to its peer PANW, GDYN's PE ratio is lower, but it is higher than PAY's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PAY Paymentus Holdings Inc | 36.24 | $2.69B |
| GDYN Grid Dynamics Holdings Inc | 139.2 | $582.04M |
| PANW Palo Alto Networks Inc | 215.3 | $221.09B |
Frequently asked questions
What is Grid Dynamics Holdings's PE ratio?
The price to earnings ratio for GDYN stock as of Jun 3, 2026, stands at 140.8.
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 201.94.
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 201.94.
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 8% 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 140.8 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 (Jun 3, 2026), Grid Dynamics Holdings's share price is $7.04. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.05. Therefore, Grid Dynamics Holdings's PE ratio for today is 140.8. PE RATIO(140.8) = STOCK PRICE($7.04) / TTM EPS($0.05)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.