Elastic PE ratio ESTC

Share price divided by earnings per share over the last twelve months, since 2024.

Today, Oct 23, 2026: 28.9×
2-year median: 139×
Against its 2-year history: 42nd; percentile: 0 is its lowest day, 100 its highest
2-year range: 16.2× to 206×
Peer median: 33.2×

Elastic's PE ratio is 28.9× as of Oct 23, 2026: a share price of $102.43 against $3.54 of earnings per share over the last twelve months.

That is below its 2-year median of 139×, close to the middle of its last 2 years.

Over that time it ranged from 16.2× in Jun 2026 to 206× in Feb 2025.

The median for 10 application software stocks of a similar size is 33.2×.

PE ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	28.9×	16.2×	28.9×
2025	193×	177×	206×
2024	185×	128×	202×

Against its peers

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

Company	PE ratio
ESTCElastic	28.9×
DOCNDigitalOcean	42.8×
MTCHMatch	16.2×
FDSFactset Research Systems	21.8×
PINSPinterest	65.6×
HNGEHinge Health	85.1×
HUBSHubSpot	96.4×
RNGRingCentral	66.7×
FICOFair Isaac	23.6×
TTDTrade Desk	15.5×
PEGAPegasystems	20.6×
Peer median	33.2×

Where Elastic ranks

#30of 53Application software stocks with the lowest PE ratio

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Elastic

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