PLTR Palantir Technologies PE ratio, current and historical analysis
As at Oct 10, 2024, the PLTR stock has a PE ratio of 229.05. This is based on the current EPS of $0.19 and the stock price of $43.52 per share. An increase of 31% has been recorded in the PE ratio compared to the average of 174.5 of the past four quarters.
PLTR PE ratio history
The mean historical PE ratio of Palantir Technologies over the last four years is 235.75. The current 229.05 price-to-earnings ratio is 2.8% less 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 PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| PLTR Palantir Technologies Inc | 232.05 | $98.74B |
| PHR Phreesia Inc | N/A | $1.2B |
| PHUN Phunware Inc | N/A | $49.44M |
Frequently asked questions
What is Palantir Technologies's PE ratio?
PLTR's price to earnings ratio is 229.05 as of Oct 10, 2024.
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 2.8% below its 4-year historical average.
Why is Palantir Technologies's PE ratio so high?
PLTR's PE ratio of 229.05 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 (Oct 10, 2024), Palantir Technologies's stock price is $43.52. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $0.19. Therefore, Palantir Technologies's price to earnings ratio for today is 229.05. PE RATIO(229.05) = STOCK PRICE($43.52) / TTM EPS($0.19)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.