EPAM EPAM Systems PE ratio, current and historical analysis
The current PE ratio for EPAM Systems stock as of Nov 21, 2024 is 31.4. This is calculated based on the current EPS of $7.81 and the stock price of $245.22 per share. The P/E ratio has a decrease of 3.6% from the past four quarters average of 32.6.
EPAM PE ratio history
The average historical PE ratio of EPAM Systems for the last ten years is 44.5. The current PE ratio of 31.4 is 29% below the historical average. Over the past ten years, EPAM's PE ratio was at its highest in the Dec 2021 quarter at 78.46, when the stock price was $668.45 and the EPS was $8.52. The lowest value was in the Jun 2023 quarter, when it reached 24.27 with a price of $224.75 and an EPS of $9.26.
EPAM Systems PE ratio by year
Maximum annual increase: 135.11% in 2017
Maximum annual decrease: -66.25% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 41.24 | -7.88% |
| 2022 | 44.77 | -42.94% |
| 2021 | 78.46 | 28.52% |
| 2020 | 61.05 | 37.25% |
| 2019 | 44.48 | 71.74% |
| 2018 | 25.9 | -66.25% |
| 2017 | 76.74 | 135.11% |
| 2016 | 32.64 | -28.18% |
| 2015 | 45.45 | 40.89% |
| 2014 | 32.26 | 24.65% |
EPAM average PE ratio chart
EPAM's current P/E ratio is below the 3, 5 and 10-year averages.
EPAM PE vs peers
Compared to its peers MSFT and IBM, EPAM's PE ratio stands lower, however it is higher than ACN's and CTSH's. EPAM Systems's PE ratio is trading above the peer group average of 28.6.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CTSH Cognizant Technology Solutions Corp | 17.45 | $39.1B |
| ACN Accenture plc | 31.21 | $242.98B |
| EPAM EPAM Systems Inc | 31.4 | $13.91B |
| IBM International Business Machines Corp | 31.82 | $205.64B |
| MSFT Microsoft Corp | 33.93 | $3.07T |
Frequently asked questions
What is EPAM Systems's PE ratio?
The price to earnings ratio for EPAM stock as of Nov 21, 2024, stands at 31.4.
What is the 3-year average PE ratio for EPAM Systems (EPAM)?
The 3-year average PE ratio for EPAM stock is 40.12.
What is the 5-year average PE ratio for EPAM Systems (EPAM)?
The 5-year average PE ratio for EPAM stock is 46.88.
What is the highest PE ratio for EPAM?
The highest quarterly PE ratio in the last ten years has been 78.46 and it was in the Dec 2021 quarter.
How does the current PE ratio for EPAM compare to its historical average?
The current price to earnings ratio of EPAM is 29% lower than the 10-year historical average.
How is EPAM's PE ratio calculated (EPAM Systems 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 (Nov 21, 2024), EPAM Systems's stock price is $245.22. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $7.81. Therefore, EPAM Systems's P/E ratio for today is 31.4. PE RATIO(31.4) = STOCK PRICE($245.22) / TTM EPS($7.81)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.