Elastic N V currently trades with a PE to growth ratio of 0.04, based on Jul 31, 2026 data. Dividing the 18.85 PE ratio by the 435.6% earnings growth rate produces this figure.
Historically, Elastic N V has a PEG ratio averaging 1.12 across the last three years. At 0.04, today's PEG ratio sits 96% less than its historical average. The three years high came in the Jan 2024 quarter at 1.85, reflecting peak valuation relative to growth. The bottom was reached in the Apr 2026 quarter at 0.03, suggesting attractive value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2026 | 0.03 | 13.3 | 435.6% |
| 2025 | N/A | N/A | -267.7% |
| 2024 | 1.32 | 164.87 | 125.1% |
| 2023 | N/A | N/A | -12.3% |
| 2022 | N/A | N/A | -48.6% |
| 2021 | N/A | N/A | 30.2% |
| 2020 | N/A | N/A | -14% |
| 2019 | N/A | N/A | -12.7% |
| 2018 | N/A | N/A | 3.5% |
| 2017 | N/A | N/A | N/A |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Apr 2026 | 0.03 | 13.3 | 435.6% |
| Jan 2026 | N/A | N/A | 39.7% |
| Oct 2025 | N/A | N/A | -267.2% |
| Jul 2025 | N/A | N/A | -229.5% |
| Apr 2025 | N/A | N/A | -267.7% |
| Jan 2025 | N/A | N/A | -347.2% |
| Oct 2024 | 1.01 | 131.52 | 130.7% |
| Jul 2024 | 1.41 | 179.79 | 127.2% |
| Apr 2024 | 1.32 | 164.87 | 125.1% |
| Jan 2024 | 1.85 | 220.87 | 119.6% |
| Oct 2023 | N/A | N/A | 22% |
| Jul 2023 | N/A | N/A | 12.5% |
| Apr 2023 | N/A | N/A | -12.3% |
| Jan 2023 | N/A | N/A | -36.4% |
| Oct 2022 | N/A | N/A | -41.7% |
Measured against past performance, ESTC's PEG ratio is lower than the 3 and 5-year averages.
With a PEG of 0.04, ESTC stands lower than the Technology sector and the industry average. Looking at the Technology sector average of 0.74, Elastic N V's PEG is 95% lower.
Relative to its peer stock PHR, ESTC's PEG ratio is lower.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| ESTC Elastic N.V | 0.05 | $7.2B |
| PHR Phreesia Inc | 0.62 | $693.22M |
| PHUN Phunware Inc | N/A | $43.45M |
Based on Jul 31, 2026 data, ESTC has a PEG ratio of 0.04.
ESTC has a 3-year average PEG ratio of 1.12.
ESTC has a 5-year average PEG ratio of 1.12.
ESTC's PEG ratio topped out at 1.85 during the Jan 2024 quarter - the highest in three years.
Compared to the 3-year average, ESTC's PEG ratio stands 96% lower.
The 0.04 PEG ratio for ESTC reflects robust earnings growth outpacing the current valuation.
PEG equals PE divided by earnings per share growth (YoY TTM). As of Jul 31, 2026, Elastic N V has a PE ratio of 18.85. Earnings grew at 435.6% over the TTM period ending Apr 2026. Applying the formula, this gives a PEG ratio of 0.04. PEG RATIO(0.04) = PE RATIO(18.85) / EPS GROWTH(435.6%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.