As of May 2, 2024, the Chegg stock's PE ratio is 40.08. This results from the current EPS of $0.13 and stock price of $5.21. The P/E ratio has a decrease of 31% from the past four quarters average of 58.1.
The PE ratio of Chegg has averaged 712.02 over the last four years. The current PE ratio of 40.08 is 94% below the historical average. Over the past four 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.
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 |
Currently, CHGG's PE ratio is below the 3, 5 and 10-year averages.
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 | 25.36 | $2.06T |
CHGG Chegg Inc | 40.08 | $532.55M |
AMZN Amazon Com Inc | 50.75 | $1.92T |
CHGG's price to earnings ratio is 40.08 as of May 2, 2024.
Over the last 3 years, the average price to earnings ratio for CHGG stock is 43.8.
Over the last 5 years, the average price to earnings ratio for CHGG stock is 712.02.
In the last four years, the Jun 2020 quarter recorded the highest quarterly PE ratio at 6,726.
CHGG's price to earnings ratio is currently 94% below its 4-year historical average.
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 (May 2, 2024), Chegg's stock price is $5.21. 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 40.08. PE RATIO(40.08) = STOCK PRICE($5.21) / TTM EPS($0.13)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.