AppLovin forward PE APP

Share price divided by analysts' consensus earnings for the next twelve months, since 2021.

Today, Oct 23, 2026: 14.4×
6-year median: 31.3×
Against its 6-year history: 0th; percentile: 0 is its lowest day, 100 its highest
6-year range: 13.9× to 468×
Peer median: 22.1×

AppLovin's forward PE is 14.4× as of Oct 23, 2026.

That is below its 6-year median of 31.3×, lower than on 100% of days in the last 6 years.

Over that time it ranged from 13.9× in Aug 2024 to 468× in Nov 2021.

The median for 10 application software stocks of a similar size is 22.1×.

Forward PE over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	14.4×	14.4×	45.7×
2025	50.3×	25.1×	58.4×
2024	47.7×	13.9×	57.1×
2023	15.5×	14.5×	29.6×
2022	23.6×	22.0×	265×
2021	311×	235×	468×

Against its peers

Companies in Software - Application nearest AppLovin's size, closest first, today.

Company	Forward PE
APPAppLovin	14.4×
CDNSCadence Design Systems	36.9×
INTUIntuit	14.9×
DDOGDatadog	101×
ADBEAdobe	9.8×
SNOWSnowflake	128×
ADPAutomatic Data Processing	24.8×
TEAMAtlassian	41.4×
MSTRStrategy	4.6×
UBERUber Technologies	17.3×
ADSKAutodesk	19.4×
Peer median	22.1×

Where AppLovin ranks

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on AppLovin

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.