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DTDynatrace, Inc.
$57.20$16.7B
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DT logoDynatrace, Inc. (DT) P/E Ratio History

Undervalued

Trading at 105.9x vs 5Y avg 139.2x · 65th percentile · Below historical baseline · Data 2021–2027

Current P/E (TTM)
105.9x
-24% vs 5Y avg
5Y Avg P/E
139.2x
Median 89.3x
5Y Percentile
65th
Mid-range
PEG Ratio
6.73
Premium to growth
5-Year P/E Range
105.9x
Min29.0xMedian89.3xMax396.1x
TTM EPS$0.52
Price$57.20
Earnings Yield0.94%
EPS Growth (1Y)-66.0%
EPS Growth (5Y)15.7%

Loading P/E history...

P/E Ratio Analysis

As of September 23, 2026, Dynatrace, Inc. (DT) trades at a price-to-earnings ratio of 105.9x, with a stock price of $57.20 and trailing twelve-month earnings per share of $0.52.

The current P/E is 24% below its 5-year average of 139.2x. Over the past five years, DT's P/E has ranged from a low of 29.0x to a high of 396.1x, placing the current valuation at the 65th percentile of its historical range.

Compared to the Technology sector median P/E of 29.9x, DT trades at a 254% premium to its sector peers. The sector includes 365 companies with P/E ratios ranging from 0.0x to 199.0x.

The PEG ratio of 6.73 (P/E divided by -66% EPS growth) suggests the stock may be expensive 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, DT commands a significant premium over the S&P 500 median P/E of 25.5x. 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 DT 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.

DT Cross-Benchmark Valuation

How does the current P/E compare to sector peers and the broader market?

vs. Technology
105.9vs29.9
+254%
Above Sector
vs. S&P 500
105.9vs25.5
+315%
Above Market
PEG Analysis
6.73
P/E ÷ EPS Growth
PEG > 2 = Expensive
Based on -66% EPS growth (1Y)

DT P/E vs Peers

IT operations, security and observability peers sorted by market cap

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
DDOG logoDDOGDatadog, Inc.
$88B824.9--41%
ESTC logoESTCElastic N.V.
$9B26.0-+430%Best
PD logoPDPagerDuty, Inc.
$1B7.7Lowest-+417%
AMZN logoAMZNAmazon.com, Inc.
$2.7T35.61.27+30%
MSFT logoMSFTMicrosoft Corporation
$3.7T27.71.59+32%
GOOGL logoGOOGLAlphabet Inc.
$4.2T32.51.09Best+34%
CRM logoCRMSalesforce, Inc.
$191B29.92.44+23%
NOW logoNOWServiceNow, Inc.
$142B82.01.18+22%
CSCO logoCSCOCisco Systems, Inc.
$420B32.05.42+31%

Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.

DT Historical P/E Data (2021–2027)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterPeriod EndPriceTTM EPSP/E Ratiovs Avg
FY2027 Q1-$43.91$0.5088.1x-39%
FY2026 Q4-$36.98$0.5468.7x-53%
FY2026 Q3Dec 31 2025$43.34$0.6171.0x-51%
FY2026 Q2-$48.45$1.6729.0x-80%
FY2026 Q1Jun 30 2025$55.21$1.6333.9x-77%
FY2025 Q4Mar 31 2025$47.15$1.6029.5x-80%
FY2025 Q3-$54.35$1.6034.0x-77%
FY2025 Q2Sep 30 2024$53.47$0.5597.2x-33%
FY2025 Q1Jun 30 2024$44.74$0.5286.0x-41%
FY2024 Q4Mar 31 2024$46.44$0.5289.3x-38%
FY2024 Q3Dec 31 2023$54.69$0.6682.9x-43%
FY2024 Q2Sep 30 2023$46.73$0.5782.0x-43%
FY2024 Q1Jun 30 2023$51.47$0.49105.9x-27%
FY2023 Q4Mar 31 2023$42.30$0.36116.4x-20%
FY2023 Q3Dec 31 2022$38.30$0.10396.1x+174%
FY2023 Q2Sep 30 2022$34.81$0.10360.0x+149%
FY2023 Q1-$39.44$0.14280.7x+94%
FY2022 Q4-$47.10$0.18257.1x+78%
FY2022 Q3Dec 31 2021$60.35$0.27223.5x+54%
FY2022 Q2-$70.97$0.28253.5x+75%
FY2022 Q1Jun 30 2021$58.42$0.26224.7x+55%
FY2021 Q4Mar 31 2021$48.24$0.26185.5x+28%
FY2021 Q3-$43.27$0.33131.1x-9%
FY2021 Q2Sep 30 2020$41.02$0.28146.5x+1%

Average P/E for displayed period: 144.7x

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DT — Frequently Asked Questions

Quick answers to the most common questions about buying DT stock.

What is DT's P/E ratio?

Dynatrace, Inc. (DT) trailing twelve-month P/E ratio is 105.9x, based on TTM diluted EPS of $0.52. The 5-year average P/E is 139.2x and the historical range spans 29.0x to 396.1x.

Is DT stock overvalued or undervalued?

DT trades at 105.9x P/E, below its 5-year average of 139.2x. At the 65th percentile of its historical range (29.0x–396.1x), the stock is priced at a discount to its own history.

Is DT stock expensive?

No, DT is not expensive on a historical basis. The current P/E of 105.9x is below the 5-year average of 139.2x and sits at the 65th percentile of its valuation range.

What is DT's historical P/E range?

Over the past 5 years, DT's P/E ratio has ranged from 29.0x to 396.1x, with a median of 89.3x and an average of 139.2x. The current P/E of 105.9x places the stock at the 65th percentile of this range. Full historical data spans 2021–2027.

How does DT's P/E compare to the S&P 500?

DT trades at 105.9x P/E versus the S&P 500 median of 25.5x. The 315% premium to the market typically reflects higher expected earnings growth or quality.

How does DT's valuation compare to Technology peers?

Dynatrace, Inc. P/E of 105.9x compares to the Technology sector median of 29.9x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.

What is DT's PEG ratio?

DT PEG ratio is 6.73, based on a P/E of 105.9x and EPS growth of -66.0%. A PEG above 2.0 indicates a premium valuation relative to earnings growth — typically considered expensive.

What is DT's earnings yield?

DT earnings yield is 0.94%, the inverse of its 105.9x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.

DT P/E Ratio History (2021–2027)

Quarterly valuation multiple from closing price and trailing EPS

Current88.1x
Period Avg139.2x
Range29.0x - 396.1x
Change-65%
20 quartersSep 30, 2021 - Jun 30, 2026