SPS Commerce PE ratio SPSC
Share price divided by earnings per share over the last twelve months, since 2012.
- Today, Oct 23, 2026
- 44.7×
- 10-year median
- 92.6×
- Against its 10-year history
- 11th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 21.0× to 262×
- Peer median
- 45.3×
SPS Commerce's PE ratio is 44.7× as of Oct 23, 2026: a share price of $92.63 against $2.07 of earnings per share over the last twelve months.
That is below its ten-year median of 92.6×, lower than on 89% of days in the last ten years.
Over that time it ranged from 21.0× in Apr 2026 to 262× in Feb 2019.
The median for 10 infrastructure software stocks of a similar size is 45.3×.
PE ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 44.7× | 21.0× | 44.7× |
| 2025 | 41.2× | 36.4× | 92.1× |
| 2024 | 89.2× | 80.0× | 126× |
| 2023 | 115× | 90.2× | 123× |
| 2022 | 91.7× | 78.1× | 112× |
| 2021 | 115× | 73.9× | 135× |
| 2020 | 96.1× | 39.1× | 97.6× |
| 2019 | 63.4× | 53.5× | 262× |
| 2018 | 194× | 103× | 230× |
| 2017 | 99.2× | 93.7× | 209× |
| 2016 | 206× | 151× | 346× |
| 2015 | 369× | 361× | 456× |
| 2014 | 441× | 438× | 479× |
| 2013 | 499× | 34.5× | 499× |
| 2012 | 33.5× | 25.7× | 35.7× |
Against its peers
Companies in Software - Infrastructure nearest SPS Commerce's size, closest first, today.
| Company | PE ratio |
|---|---|
| SPSCSPS Commerce | 44.7× |
| AGYSAgilysys | 79.9× |
| KDKyndryl | 41.0× |
| AVPTAvePoint | 51.6× |
| ALRMAlarm.com | 29.0× |
| NTCTNetscout Systems | 24.2× |
| FRSHFreshworks | 24.2× |
| QTWOQ2 | 49.6× |
| BLKBBlackbaud | 17.4× |
| CCCCCC Intelligent Solutions | 95.9× |
| NCNOnCino | 77.2× |
| Peer median | 45.3× |
Where SPS Commerce ranks
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 SPS Commerce
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.