As at Jul 25, 2024, the PERI stock has a PE ratio of 3.82. This is based on the current EPS of $2.22 and the stock price of $8.47 per share. A decrease of 68% has been seen in the P/E ratio compared to the average of 11.9 of the last 4 quarters.
The mean historical PE ratio of Perion Network over the last ten years is 30.05. The current 3.82 PE ratio is 87% below the historical average. Over the past ten years, PERI's PE ratio was at its highest in the Dec 2016 quarter at 426, with a price of $4.26 and an EPS of $0.01. The Mar 2015 quarter recorded the bottom point at 5.89, with a price of $10.08 and an EPS of $1.71.
Maximum annual increase: 169.29% in 2020
Maximum annual decrease: -69.4% in 2014
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 12.4 | 8.3% |
| 2022 | 11.45 | -46.19% |
| 2021 | 21.28 | -36.48% |
| 2020 | 33.5 | 169.29% |
| 2019 | 12.44 | 48.27% |
| 2018 | 8.39 | N/A |
| 2017 | N/A | N/A |
| 2016 | 426 | N/A |
| 2015 | N/A | N/A |
| 2014 | 6.98 | -69.4% |
PERI's current P/E ratio is below the 3, 5 and 10-year averages.
PERI's PE ratio is lower than its peer stocks MSFT and GOOGL.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PERI Perion Network Ltd. | 3.8 | $404.57M |
| GOOGL Alphabet Inc | 23.76 | $2.06T |
| MSFT Microsoft Corp | 36.7 | $3.16T |
PERI stock has a price to earnings ratio of 3.82 as of Jul 25, 2024.
The 3-year average PE ratio for PERI stock is 13.94.
The 5-year average PE ratio for PERI stock is 17.53.
Over the last ten years, the quarterly PE ratio reached a historic high of 426 in the Dec 2016 quarter.
PERI's current price to earnings ratio is 87% below its 10-year historical average.
PERI's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 3.82 is considered low.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Perion Network's stock price is $8.47. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.22. Therefore, Perion Network's P/E ratio for today is 3.82. PE RATIO(3.82) = STOCK PRICE($8.47) / TTM EPS($2.22)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.