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CHGG Chegg PE ratio, current and historical analysis

  1. Stocks
  2. Consumer Defensive
  3. NYSE: CHGG
  4. PE Ratio

As of Jul 26, 2024, the Chegg stock's PE ratio is 27.0. This results from the current EPS of $0.13 and stock price of $3.51. The P/E ratio has a decrease of 54% from the past four quarters average of 58.1.

CHGG PE ratio history

How has CHGG's PE ratio performed in the past

The PE ratio of Chegg has averaged 712.02 over the last five years. The current PE ratio of 27.0 is 96% below the historical average. Over the past five years, CHGG's PE ratio was at its highest in the Jun 2020 quarter at 6,726, when the stock price was $67.26 and the EPS was $0.01. The lowest value was in the Jun 2023 quarter, when it reached 3.96 with a price of $8.88 and an EPS of $2.24.

Average
712.02
Median
58.46
Minimum
3.96
Maximum
6,726

Chegg PE ratio by year

Maximum annual increase: 487.26% in 2023

Year PE ratio Change
2023 71 487.26%
2022 12.09 N/A
2021 N/A N/A
2020 N/A N/A
2019 N/A N/A
2018 N/A N/A
2017 N/A N/A
2016 N/A N/A
2015 N/A N/A
2014 N/A N/A

CHGG average PE ratio chart

What is the average PE ratio of CHGG for the past years

Currently, CHGG's PE ratio is below the 3, 5 and 10-year averages.

3-year avg
43.8
5-year avg
712.02
10-year avg
712.02
15-year avg
N/A

CHGG PE vs peers

What is CHGG's PE ratio compared to its peers

CHGG's PE ratio is lower than its peer stock AMZN, but it is greater than GOOGL's.

Stock name PE ratio Market cap
GOOGL Alphabet Inc 23.76 $2.06T
CHGG Chegg Inc 27 $358.78M
AMZN Amazon Com Inc 50.14 $1.9T

Frequently asked questions

What is Chegg's PE ratio?

CHGG's price to earnings ratio is 27 as of Jul 26, 2024.

What is the 3-year average PE ratio for Chegg (CHGG)?

Over the last 3 years, the average price to earnings ratio for CHGG stock is 43.8.

What is the 5-year average PE ratio for Chegg (CHGG)?

Over the last 5 years, the average price to earnings ratio for CHGG stock is 712.02.

What is the highest PE ratio for CHGG?

In the last five years, the Jun 2020 quarter recorded the highest quarterly PE ratio at 6,726.

How does the current PE ratio for CHGG compare to its historical average?

CHGG's price to earnings ratio is currently 96% below its 5-year historical average.

How is CHGG's PE ratio calculated (Chegg PE ratio formula)?

The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 26, 2024), Chegg's stock price is $3.51. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.13. Therefore, Chegg's P/E ratio for today is 27. PE RATIO(27) = STOCK PRICE($3.51) / TTM EPS($0.13)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.