The price-to-earnings ratio for Meta Platforms stock stands at 25.79 as of Nov 21, 2024. This is based on the current EPS of $21.83 and the stock price of $563.09 per share. The current PE ratio is comparable to the past four-quarter average.
Over the last ten years, the average PE ratio of Meta Platforms has been 34.78. The current 25.79 PE ratio is 26% below the historical average. In the past ten years, META's PE ratio was at its highest in the Sep 2015 quarter at 89.01, with a price of $89.9 and an EPS of $1.01. The Sep 2022 quarter recorded the bottom point at 12.84, with a price of $135.68 and an EPS of $10.57.
Maximum annual increase: 84.77% in 2019
Maximum annual decrease: -59.54% in 2016
Year | PE ratio | Change |
---|---|---|
2023 | 23.3 | 67.14% |
2022 | 13.94 | -42.01% |
2021 | 24.04 | -10.06% |
2020 | 26.73 | -15.6% |
2019 | 31.67 | 84.77% |
2018 | 17.14 | -46.67% |
2017 | 32.14 | -0.56% |
2016 | 32.32 | -59.54% |
2015 | 79.89 | 14.69% |
2014 | 69.66 | -20.98% |
Currently, META's PE ratio is greater than its 3 and 5-year historical averages, but it is lower than the 10-year average.
Compared to its peer stock PINS, META's PE ratio stands lower.
Stock name | PE ratio | Market cap |
---|---|---|
META Meta Platforms Inc | 25.54 | $1.41T |
PINS Pinterest Inc | 91.84 | $19.86B |
META stock has a price to earnings ratio of 25.79 as of Nov 21, 2024.
Over the last 3 years, the average price to earnings ratio for META stock is 22.32.
Over the last 5 years, the average price to earnings ratio for META stock is 24.01.
The highest quarterly PE ratio in the last ten years has been 89.01 and it was in the Sep 2015 quarter.
META's current price to earnings ratio is 26% below its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Meta Platforms's stock price is $563.09. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $21.83. Therefore, Meta Platforms's P/E ratio for today is 25.79. PE RATIO(25.79) = STOCK PRICE($563.09) / TTM EPS($21.83)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.