EPAM EPAM Systems PE ratio, current and historical analysis

The current PE ratio for EPAM Systems stock as of Aug 12, 2025 is 21.63. This is calculated based on the current EPS of $7.07 and the stock price of $152.93 per share. The P/E ratio has a decrease of 16% from the past four quarters average of 25.8.

EPAM PE ratio history

How has EPAM's PE ratio performed in the past

The average historical PE ratio of EPAM Systems for the last ten years is 43.37. The current PE ratio of 21.63 is 50% 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 Mar 2025 quarter, when it reached 23.39 with a price of $168.84 and an EPS of $7.22.

Today
21.63
Average
43.37
Median
39.43
Minimum
23.39
Maximum
78.46

EPAM Systems PE ratio by year

Maximum annual increase: 135.11% in 2017

Maximum annual decrease: -66.25% in 2018

Year PE ratio PE change Price EPS
2024 29.49 -28.49% $233.82 $7.93
2023 41.24 -7.88% $297.34 $7.21
2022 44.77 -42.94% $327.74 $7.32
2021 78.46 28.52% $668.45 $8.52
2020 61.05 37.25% $358.35 $5.87
2019 44.48 71.74% $212.16 $4.77
2018 25.9 -66.25% $116.01 $4.48
2017 76.74 135.11% $107.43 $1.4
2016 32.64 -28.18% $64.31 $1.97
2015 45.45 40.89% $78.62 $1.73
2014 32.26 24.65% $47.75 $1.48
2013 25.88 81.61% $34.94 $1.35
2012 14.25 N/A $18.1 $1.27
2011 N/A N/A N/A $0.69
2010 N/A N/A N/A $0.84

EPAM Systems PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Jun 2025 25.01 6.93% $176.82 $7.07
Mar 2025 23.39 -20.68% $168.84 $7.22
Dec 2024 29.49 15.74% $233.82 $7.93
Sep 2024 25.48 -3.96% $199.03 $7.81
Jun 2024 26.53 -28.43% $188.11 $7.09
Mar 2024 37.07 -10.11% $276.16 $7.45
Dec 2023 41.24 32.56% $297.34 $7.21
Sep 2023 31.11 28.18% $255.69 $8.22
Jun 2023 24.27 -38.96% $224.75 $9.26
Mar 2023 39.76 -11.19% $299 $7.52
Dec 2022 44.77 -11.75% $327.74 $7.32
Sep 2022 50.73 11.18% $362.19 $7.14
Jun 2022 45.63 25.53% $294.78 $6.46
Mar 2022 36.35 -53.67% $296.61 $8.16
Dec 2021 78.46 3.7% $668.45 $8.52

EPAM Price vs fair value

How does EPAM's price compare to its estimated fair value based on its growth

EPAM average PE ratio chart

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

EPAM's current P/E ratio is below the 3, 5 and 10-year averages.

3-year avg
33.24
5-year avg
44.4
10-year avg
43.37
15-year avg
N/A

EPAM PE vs peers

What is EPAM's PE ratio compared to its 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 below the peer group average of 27.15.

Stock name PE ratio Market cap
CTSH Cognizant Technology Solutions Corp 13.95 $33.59B
ACN Accenture plc 18.73 $161.91B
EPAM EPAM Systems Inc 21.63 $8.52B
IBM International Business Machines Corp 37.27 $218.69B
MSFT Microsoft Corp 38.63 $3.93T

Frequently asked questions

What is EPAM Systems's PE ratio?

The price to earnings ratio for EPAM stock as of Aug 12, 2025, stands at 21.63.

What is the 3-year average PE ratio for EPAM Systems (EPAM)?

The 3-year average PE ratio for EPAM stock is 33.24.

What is the 5-year average PE ratio for EPAM Systems (EPAM)?

The 5-year average PE ratio for EPAM stock is 44.4.

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 50% 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 (Aug 12, 2025), EPAM Systems's stock price is $152.93. The earnings per share for the trailing twelve months (TTM) ending Jun 2025 is $7.07. Therefore, EPAM Systems's P/E ratio for today is 21.63. PE RATIO(21.63) = STOCK PRICE($152.93) / TTM EPS($7.07)

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