GAP
Gap
PE ratio, current and historical analysis
- Stocks
- Consumer Cyclical
- NYSE: GAP
- PE Ratio
As of Jun 12, 2026, the Gap stock's PE ratio is 8.45. This results from the current EPS of $2.59 and stock price of $21.89. The P/E ratio has a decrease of 16% from the past four quarters average of 10.1.
GAP PE ratio history
The PE ratio of Gap has averaged 18.53 over the last ten years. The current PE ratio of 8.45 is 54% below the historical average. Over the past ten years, GAP's PE ratio was at its highest in the Oct 2023 quarter at 106.42, when the stock price was $12.77 and the EPS was $0.12. The lowest value was in the Aug 2019 quarter, when it reached 7.33 with a price of $18.04 and an EPS of $2.46.
Gap PE ratio by year
Maximum annual increase: 95.41% in 2020
Maximum annual decrease: -35.53% in 2019
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2026 | 12.78 | 18.88% | $27.98 | $2.19 |
| 2025 | 10.75 | -26.22% | $24.07 | $2.24 |
| 2024 | 14.57 | N/A | $19.81 | $1.36 |
| 2023 | N/A | N/A | $13.2 | -$0.55 |
| 2022 | 26.13 | N/A | $17.77 | $0.68 |
| 2021 | N/A | N/A | $20.25 | -$1.78 |
| 2020 | 18.72 | 95.41% | $17.41 | $0.93 |
| 2019 | 9.58 | -35.53% | $25 | $2.61 |
| 2018 | 14.86 | 11.23% | $32.09 | $2.16 |
| 2017 | 13.36 | 21.01% | $22.58 | $1.69 |
| 2016 | 11.04 | -22.25% | $24.72 | $2.24 |
| 2015 | 14.2 | 3.65% | $41.19 | $2.9 |
| 2014 | 13.7 | -2.35% | $38.08 | $2.78 |
| 2013 | 14.03 | 16.33% | $32.97 | $2.35 |
| 2012 | 12.06 | 18.7% | $18.93 | $1.57 |
Gap PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| May 2026 | 9.53 | -25.43% | $24.68 | $2.59 |
| Jan 2026 | 12.78 | 26.41% | $27.98 | $2.19 |
| Nov 2025 | 10.11 | 26.69% | $22.85 | $2.26 |
| Aug 2025 | 7.98 | -19.15% | $18.84 | $2.36 |
| May 2025 | 9.87 | -8.19% | $22.99 | $2.33 |
| Feb 2025 | 10.75 | 14% | $24.07 | $2.24 |
| Nov 2024 | 9.43 | -10.45% | $20.74 | $2.2 |
| Aug 2024 | 10.53 | -10.76% | $21.7 | $2.06 |
| May 2024 | 11.8 | -19.01% | $21.59 | $1.83 |
| Feb 2024 | 14.57 | -86.31% | $19.81 | $1.36 |
| Oct 2023 | 106.42 | 208.46% | $12.77 | $0.12 |
| Jul 2023 | 34.5 | N/A | $10.35 | $0.3 |
| Apr 2023 | N/A | N/A | $9.6 | -$0.15 |
| Jan 2023 | N/A | N/A | $13.2 | -$0.55 |
| Oct 2022 | 70.31 | N/A | $11.25 | $0.16 |
GAP Price vs fair value
GAP average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
GAP's current P/E ratio is below the 3, 5 and 10-year averages.
PE comparison
With a P/E of 8.45, GAP is below the Consumer Cyclical sector, the industry and its peers average. Compared to its Consumer Cyclical sector average of 20.76, Gap's P/E is 59% lower.
GAP PE vs peers
GAP's PE ratio is lower than its peer stocks APP and URBN. Gap is presently trading at a lower PE ratio (8.45) than its peer group average of 17.44.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GAP Gap, Inc. | 8.45 | $7.88B |
| ANF Abercrombie & Fitch Co | 8.55 | $4.02B |
| BKE Buckle Inc | 10.29 | $2.33B |
| AEO American Eagle Outfitters Inc | 11.39 | $3.15B |
| URBN Urban Outfitters Inc | 14.56 | $6.59B |
| APP Applovin Corp | 42.39 | $166.88B |
| TLYS Tilly'S Inc | N/A | $166.16M |
Frequently asked questions
What is Gap's PE ratio?
GAP's price to earnings ratio is 8.45 as of Jun 12, 2026.
What is the 3-year average PE ratio for Gap (GAP)?
As an average over the last 3 years, GAP stock has a PE ratio of 20.69.
What is the 5-year average PE ratio for Gap (GAP)?
As an average over the last 5 years, GAP stock has a PE ratio of 23.51.
What is the highest PE ratio for GAP?
In the last ten years, the Oct 2023 quarter recorded the highest quarterly PE ratio at 106.42.
How does the current PE ratio for GAP compare to its historical average?
GAP's price to earnings ratio is currently 54% below its 10-year historical average.
Why is Gap's PE ratio so low?
GAP's PE ratio of 8.45 is considered low because the company's stock price is trading at a lower multiple of earnings.
How is GAP's PE ratio calculated (Gap PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 12, 2026), Gap's stock price is $21.89. The earnings per share for the trailing twelve months (TTM) ending May 2026 is $2.59. Therefore, Gap's P/E ratio for today is 8.45. PE RATIO(8.45) = STOCK PRICE($21.89) / TTM EPS($2.59)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.