The current P/E ratio for Yelp stock as of Jul 26, 2024 is 21.94. This is calculated based on the TTM EPS of $1.66 and the stock price of $36.42 per share. The PE ratio has decreased by 41% from its last 4 quarters average of 37.3.
The average historical PE ratio of Yelp for the last ten years is 180.26. The current price-to-earnings ratio of 21.94 is 88% less than the historical average. Analyzing the last ten years, YELP's PE ratio reached its highest point in the Sep 2014 quarter at 3,412.5, when the price was $68.25 and the EPS was $0.02. The lowest point was recorded in the Jun 2018 quarter, when it reached 20.41 with a price of $39.18 and an EPS of $1.92.
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 | 21.94 | $2.46B |
| GOOGL Alphabet Inc | 23.76 | $2.06T |
| MSFT Microsoft Corp | 36.69 | $3.16T |
| ANGI ANGI Homeservices Inc | N/A | $1.12B |
The price to earnings ratio for YELP stock as of Jul 26, 2024, stands at 21.94.
Over the last 3 years, the average PE ratio for YELP stock is 51.64.
Over the last 5 years, the average PE ratio for YELP stock is 59.4.
The highest quarterly PE ratio in the last ten years has been 3,412.5 and it was in the Sep 2014 quarter.
The current PE ratio of YELP is 88% 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 (Jul 26, 2024), Yelp's share price is $36.42. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.66. Therefore, Yelp's price to earnings ratio for today is 21.94. PE RATIO(21.94) = STOCK PRICE($36.42) / TTM EPS($1.66)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.