PLTR Palantir Technologies PE ratio, current and historical analysis
As at Nov 22, 2024, the PLTR stock has a PE ratio of 292.5. This is based on the current EPS of $0.22 and the stock price of $64.35 per share. An increase of 83% has been recorded in the PE ratio compared to the average of 159.6 of the past four quarters.
PLTR PE ratio history
The mean historical PE ratio of Palantir Technologies over the last four years is 224.64. The current 292.5 price-to-earnings ratio is 30% more than the historical average. In the past four years, PLTR's PE ratio reached its highest point in the Sep 2021 quarter at 480.8, with a price of $24.04 and an EPS of $0.05. The Jun 2024 quarter saw the lowest point at 133.32, with a price of $25.33 and an EPS of $0.19.
Palantir Technologies PE ratio by year
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 171.7 | N/A |
| 2022 | N/A | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
PLTR average PE ratio chart
PLTR's current P/E ratio is above the 3-year average.
PLTR PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| PLTR Palantir Technologies Inc | 292.5 | $146.59B |
| PHR Phreesia Inc | N/A | $1.15B |
| PHUN Phunware Inc | N/A | $97.05M |
Frequently asked questions
What is Palantir Technologies's PE ratio?
PLTR's price to earnings ratio is 292.5 as of Nov 22, 2024.
What is the 3-year average PE ratio for Palantir Technologies (PLTR)?
The 3-year average PE ratio for PLTR stock is 173.41.
What is the highest PE ratio for PLTR?
Over the last four years, the quarterly PE ratio reached a historic high of 480.8 in the Sep 2021 quarter.
How does the current PE ratio for PLTR compare to its historical average?
PLTR's current price to earnings ratio is 30% above its 4-year historical average.
Why is Palantir Technologies's PE ratio so high?
PLTR's PE ratio of 292.5 is considered high because the company's stock price is trading at a higher multiple of earnings.
How is PLTR's PE ratio calculated (Palantir Technologies PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Nov 22, 2024), Palantir Technologies's stock price is $64.35. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.22. Therefore, Palantir Technologies's price to earnings ratio for today is 292.5. PE RATIO(292.5) = STOCK PRICE($64.35) / TTM EPS($0.22)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.