UPWK Upwork PE ratio, current and historical analysis
- Stocks
- Industrials
- NASDAQ: UPWK
- PE Ratio
As of May 16, 2025, the UPWK stock has a PE ratio of 9.8. The calculation is based on the latest EPS of $1.76 and the stock price of $17.24 per share. A decrease of 26% has been observed in the PE ratio compared to its average of 13.2 of the last four quarters.
UPWK PE ratio history
The mean historical PE ratio of Upwork over the last two years is 36.52. The current 9.8 P/E ratio is 73% lower than the historical average. Looking back at the last two years, UPWK's PE ratio peaked in the Sep 2023 quarter at 126.22, with a price of $11.36 and an EPS of $0.09. The Mar 2025 quarter marked the lowest point at 7.41, with a price of $13.05 and an EPS of $1.76.
Upwork PE ratio by year
Maximum annual decrease: -76.09% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 10.16 | -76.09% | $16.35 | $1.61 |
| 2023 | 42.49 | N/A | $14.87 | $0.35 |
| 2022 | N/A | N/A | $10.44 | -$0.69 |
| 2021 | N/A | N/A | $34.16 | -$0.44 |
| 2020 | N/A | N/A | $34.52 | -$0.19 |
| 2019 | N/A | N/A | $10.67 | -$0.15 |
| 2018 | N/A | N/A | $18.11 | -$0.38 |
| 2017 | N/A | N/A | N/A | -$0.32 |
| 2016 | N/A | N/A | N/A | -$0.51 |
Upwork PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 7.41 | -27.07% | $13.05 | $1.76 |
| Dec 2024 | 10.16 | -36.82% | $16.35 | $1.61 |
| Sep 2024 | 16.08 | -16.25% | $10.45 | $0.65 |
| Jun 2024 | 19.2 | -43.63% | $10.75 | $0.56 |
| Mar 2024 | 34.06 | -19.84% | $12.26 | $0.36 |
| Dec 2023 | 42.49 | -66.34% | $14.87 | $0.35 |
| Sep 2023 | 126.22 | N/A | $11.36 | $0.09 |
| Jun 2023 | N/A | N/A | $9.34 | -$0.22 |
| Mar 2023 | N/A | N/A | $11.32 | -$0.37 |
| Dec 2022 | N/A | N/A | $10.44 | -$0.69 |
| Sep 2022 | N/A | N/A | $13.62 | -$0.73 |
| Jun 2022 | N/A | N/A | $20.68 | -$0.61 |
| Mar 2022 | N/A | N/A | $23.24 | -$0.56 |
| Dec 2021 | N/A | N/A | $34.16 | -$0.44 |
| Sep 2021 | N/A | N/A | $45.03 | -$0.25 |
UPWK Price vs fair value
UPWK average PE ratio chart
The current PE ratio of UPWK is lower than its 3 and 5-year averages.
UPWK PE vs peers
In comparison to its peer stock PINS, UPWK's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UPWK Upwork Inc | 9.68 | $2.24B |
| PINS Pinterest Inc | 11.42 | $21.56B |
Frequently asked questions
What is Upwork's PE ratio?
The price to earnings ratio for UPWK stock is 9.8 as of May 16, 2025.
What is the 3-year average PE ratio for Upwork (UPWK)?
As an average over the last 3 years, UPWK stock has a PE ratio of 36.52.
What is the 5-year average PE ratio for Upwork (UPWK)?
As an average over the last 5 years, UPWK stock has a PE ratio of 36.52.
What is the highest PE ratio for UPWK?
Over the last two years, the Sep 2023 quarter recorded the highest quarterly PE ratio at 126.22.
How does the current PE ratio for UPWK compare to its historical average?
UPWK's current price to earnings ratio is 73% below its 2-year historical average.
Why is Upwork's PE ratio so low?
UPWK's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is UPWK's PE ratio calculated (Upwork PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 16, 2025), Upwork's share price is $17.24. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $1.76. Therefore, Upwork's PE ratio for today is 9.8. PE RATIO(9.8) = STOCK PRICE($17.24) / TTM EPS($1.76)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.