GDYN Grid Dynamics Holdings PE ratio, current and historical analysis
As of Jan 14, 2025, the GDYN stock has a PE ratio of 511.25. The calculation is based on the latest EPS of $0.04 and the stock price of $20.45 per share.
GDYN PE ratio history
The mean historical PE ratio of Grid Dynamics Holdings over the last seven years is 121.1. The current 511.25 P/E ratio is similar to the historical average. Looking back at the last seven 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
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 | 40.33 | $112.21B |
| PAY Paymentus Holdings Inc | 89.29 | $3.78B |
| GDYN Grid Dynamics Holdings Inc | 511.25 | $1.57B |
Frequently asked questions
What is Grid Dynamics Holdings's PE ratio?
The price to earnings ratio for GDYN stock as of Jan 14, 2025, stands at 511.25.
What is the highest PE ratio for GDYN?
Within the last seven years, the current PE ratio is at its peak with a value of 511.25.
How does the current PE ratio for GDYN compare to its historical average?
GDYN's current price to earnings ratio is 322% above its 7-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 511.25 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 (Jan 14, 2025), Grid Dynamics Holdings's share price is $20.45. 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 511.25. PE RATIO(511.25) = STOCK PRICE($20.45) / TTM EPS($0.04)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.