META Meta Platforms PE ratio, current and historical analysis
The price-to-earnings ratio for Meta Platforms stock stands at 29.0 as of Oct 10, 2024. This is based on the current EPS of $20.13 and the stock price of $583.83 per share. An increase of 14% has been recorded in the P/E ratio compared to the average of 25.4 of the last 4 quarters.
META PE ratio history
Over the last ten years, the average PE ratio of Meta Platforms has been 35.0. The current 29.0 PE ratio is 17% 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.
Meta Platforms PE ratio by year
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% |
META average PE ratio chart
Currently, META's PE ratio is greater than its 3 and 5-year historical averages, but it is lower than the 10-year average.
META PE vs peers
Compared to its peer stock PINS, META's PE ratio stands lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| META Meta Platforms Inc | 29 | $1.48T |
| PINS Pinterest Inc | 120.5 | $23.15B |
Frequently asked questions
What is Meta Platforms's PE ratio?
META stock has a price to earnings ratio of 29 as of Oct 10, 2024.
What is the 3-year average PE ratio for Meta Platforms (META)?
Over the last 3 years, the average price to earnings ratio for META stock is 21.97.
What is the 5-year average PE ratio for Meta Platforms (META)?
Over the last 5 years, the average price to earnings ratio for META stock is 23.89.
What is the highest PE ratio for META?
The highest quarterly PE ratio in the last ten years has been 89.01 and it was in the Sep 2015 quarter.
How does the current PE ratio for META compare to its historical average?
META's current price to earnings ratio is 17% below its 10-year historical average.
How is META's PE ratio calculated (Meta Platforms PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Oct 10, 2024), Meta Platforms's stock price is $583.83. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $20.13. Therefore, Meta Platforms's P/E ratio for today is 29. PE RATIO(29) = STOCK PRICE($583.83) / TTM EPS($20.13)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.