P/E Ratio
Higher than 55% of Technology sector peers
Updated 982h ago
Sector Performance
55th percentileAPP
38.8x
Sector Median
37.0x
Sector Avg
113.0x
Deep Analysis
The current P/E ratio of 38.8x means that investors are paying $38.80 for every $1.00 of AppLovin’s earnings over the past twelve months, a common measure of how expensive a stock is relative to its profitability.
This ratio sits just above the Technology sector median of 37.0x, placing AppLovin in the 56th percentile among its sector peers—slightly more expensive than the typical tech stock. The year-over-year change, quarter-over-quarter change, and trend direction over the last eight quarters are all listed as N/A, meaning no historical comparison is available to judge how the multiple has moved. Because the P/E is at a moderate premium to the sector but with no trend data, the risk is neutral: the valuation is not extreme, but there is no momentum signal to confirm whether it is expanding or contracting. This metric supports the overall NEUTRAL verdict, as the slight premium over the sector median does not argue for an overweight or underweight stance on its own.
Frequently Asked Questions
What does the P/E Ratio tell investors about APP?
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
How is the P/E Ratio calculated?
P/E Ratio is calculated as: Price / EPS.
How does APP's P/E Ratio compare to its sector?
APP's P/E Ratio of 38.8x compares to a Technology sector median of 37.0x, placing it in the 55th percentile.
Who are APP's closest peers by P/E Ratio?
The closest Technology peers by P/E Ratio include: LIF (20.9x), DELL (18.9x), UBER (18.2x), CRM (17.3x), WEX (16.3x).
The Formula
Price / EPS
Why It Matters
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
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38.8x
Sector Median
37.0x
Sector Avg
113.0x
How APP's P/E Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.