Blackbaud, Inc. (BLKB) P/E Ratio History
Historical price-to-earnings valuation from 2004 to 2025
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Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of February 28, 2026, Blackbaud, Inc. (BLKB) trades at a price-to-earnings ratio of 20.5x, with a stock price of $48.54 and trailing twelve-month earnings per share of $2.40.
The current P/E is 94% below its 5-year average of 362.4x. Over the past five years, BLKB's P/E has ranged from a low of 26.5x to a high of 2969.2x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Technology sector median P/E of 25.2x, BLKB trades at a 19% discount to its sector peers. The sector includes 345 companies with P/E ratios ranging from 0.0x to 199.1x.
The PEG ratio of 0.29 (P/E divided by 142% EPS growth) suggests the stock may be undervalued relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, BLKB trades at a notable discount to the S&P 500 median P/E of 26.2x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our BLKB DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
Peer Comparison
P/E metrics vs. Vertical industry SaaS applications peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
SAPSAP SE | $235B | 28.5 | 4.32 | +126% |
UBERUber Technologies, Inc. | $157B | 16.0 | - | +3% |
YMMFull Truck Alliance Co. Ltd. | $20B | 21.9 | - | +47% |
TYLTyler Technologies, Inc. | $15B | 58.6 | 5.51 | +56% |
DSGXThe Descartes Systems Group Inc. | $6B | 40.4 | 1.37 | +22% |
APPFAppFolio, Inc. | $4B | 45.8 | - | -30% |
BLKBBlackbaud, Inc. | $2B | 20.5 | 0.29 | +142%Best |
AGYSAgilysys, Inc. | $2B | 88.0 | - | -74% |
KAROKarooooo Ltd. | $1B | 25.3 | 1.58 | +23% |
DJCODaily Journal Corporation | $920M | 6.3Lowest | 0.07Best | +44% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
Historical P/E Data
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $63.32 | $2.39 | 26.5x | -82% |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $84.68 | $0.97 | 87.5x | -39% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $76.17 | $0.79 | 96.6x | -33% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $74.14 | $0.41 | 182.0x | +27% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $86.70 | $0.03 | 2969.2x | +1972% |
| FY2021 Q4 | Fri Dec 31 2021 00:00:00 GM | $78.98 | $0.12 | 677.9x | +373% |
| FY2021 Q1 | Wed Mar 31 2021 00:00:00 GM | $71.08 | $0.06 | 1258.1x | +778% |
| FY2020 Q4 | $57.56 | $0.16 | 359.8x | +151% | |
| FY2020 Q3 | Wed Sep 30 2020 00:00:00 GM | $55.83 | $0.47 | 118.8x | -17% |
| FY2020 Q2 | $57.08 | $0.46 | 124.1x | -13% | |
| FY2020 Q1 | $55.55 | $0.37 | 150.1x | +5% | |
| FY2019 Q4 | $79.60 | $0.25 | 323.1x | +125% |
Average P/E for displayed period: 143.3x
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Start ComparisonFrequently Asked Questions
Is BLKB stock overvalued or undervalued?
BLKB trades at 20.5x P/E, below its 5-year average of 362.4x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does BLKB's valuation compare to peers?
Blackbaud, Inc. P/E of 20.5x compares to sector median of 25.2x. The discount suggests lower growth expectations or higher risk.
What is BLKB's PEG ratio?
BLKB PEG ratio is 0.29. Below 1.0 indicates valuation is supported by earnings growth rate. Historical P/E data spans 2004-2025.