The current P/E ratio for Yelp stock as of Nov 12, 2024 is 21.96. This is calculated based on the TTM EPS of $1.74 and the stock price of $38.21 per share. The PE ratio has decreased by 8% from its last 4 quarters average of 23.8.
The average historical PE ratio of Yelp for the last ten years is 65.61. The current price-to-earnings ratio of 21.96 is 67% less than the historical average. Analyzing the last ten years, YELP's PE ratio reached its highest point in the Mar 2017 quarter at 233.93, when the price was $32.75 and the EPS was $0.14. The lowest point was recorded in the Jun 2024 quarter, when it reached 18.38 with a price of $36.95 and an EPS of $2.01.
Maximum annual increase: 136.27% in 2018
Maximum annual decrease: -38.26% in 2023
Year | PE ratio | Change |
---|---|---|
2023 | 33.1 | -38.26% |
2022 | 53.61 | -21.6% |
2021 | 68.38 | N/A |
2020 | N/A | N/A |
2019 | 63.33 | 19.45% |
2018 | 53.02 | 136.27% |
2017 | 22.44 | N/A |
2016 | N/A | N/A |
2015 | N/A | N/A |
2014 | 107.31 | N/A |
Currently, YELP's PE ratio is under its 3, 5 and 10-year averages.
YELP's PE ratio is below its peer stocks MSFT and GOOGL.
Stock name | PE ratio | Market cap |
---|---|---|
YELP Yelp Inc | 21.96 | $2.51B |
GOOGL Alphabet Inc | 23.87 | $2.22T |
MSFT Microsoft Corp | 34.76 | $3.15T |
ANGI ANGI Homeservices Inc | 193 | $962.43M |
The price to earnings ratio for YELP stock as of Nov 12, 2024, stands at 21.96.
Over the last 3 years, the average PE ratio for YELP stock is 44.46.
Over the last 5 years, the average PE ratio for YELP stock is 55.0.
The highest quarterly PE ratio in the last ten years has been 233.93 and it was in the Mar 2017 quarter.
The current PE ratio of YELP is 67% lower than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 12, 2024), Yelp's share price is $38.21. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.74. Therefore, Yelp's price to earnings ratio for today is 21.96. PE RATIO(21.96) = STOCK PRICE($38.21) / TTM EPS($1.74)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.