Elastic N.V. (ESTC) P/E Ratio History
UndervaluedTrading at 17.2x vs 5Y avg 161.2x · 20th percentile · Below historical baseline · Data 2024–2026
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P/E Ratio Analysis
As of June 20, 2026, Elastic N.V. (ESTC) trades at a price-to-earnings ratio of 17.2x, with a stock price of $58.97 and trailing twelve-month earnings per share of $3.49.
The current P/E is 89% below its 5-year average of 161.2x. Over the past five years, ESTC's P/E has ranged from a low of 13.3x to a high of 254.5x, placing the current valuation at the 20th percentile of its historical range.
Compared to the Technology sector median P/E of 29.0x, ESTC trades at a 41% discount to its sector peers. The sector includes 352 companies with P/E ratios ranging from 0.0x to 187.7x.
Relative to the broader market, ESTC trades at a notable discount to the S&P 500 median P/E of 24.4x. 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 ESTC 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.
ESTC Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
ESTC P/E vs Peers
Data platforms, analytics and business intelligence peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $79B | 743.3 | - | -41% | |
| $12B | 76.7 | 4.87 | -66% | |
| $773M | 4.5Lowest | - | +417%Best | |
| $2.6T | 34.1 | 1.22 | +30% | |
| $2.8T | 27.8 | 1.48 | +16% | |
| $4.5T | 34.0 | 1.14Best | +34% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
ESTC Historical P/E Data (2024–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q4 | - | $46.43 | $3.50 | 13.3x | -92% |
| FY2025 Q2 | - | $80.23 | $0.55 | 145.9x | -9% |
| FY2025 Q1 | Jul 31 2024 | $109.67 | $0.55 | 199.4x | +24% |
| FY2024 Q4 | - | $102.22 | $0.53 | 192.9x | +20% |
| FY2024 Q3 | Jan 31 2024 | $117.06 | $0.46 | 254.5x | +58% |
Average P/E for displayed period: 161.2x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
2+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
ESTC — Frequently Asked Questions
Quick answers to the most common questions about buying ESTC stock.
What is ESTC's P/E ratio?
Elastic N.V. (ESTC) trailing twelve-month P/E ratio is 17.2x, based on TTM diluted EPS of $3.49. The 5-year average P/E is 161.2x and the historical range spans 13.3x to 254.5x.
Is ESTC stock overvalued or undervalued?
ESTC trades at 17.2x P/E, below its 5-year average of 161.2x. At the 20th percentile of its historical range (13.3x–254.5x), the stock is priced at a discount to its own history.
Is ESTC stock expensive?
No, ESTC is not expensive on a historical basis. The current P/E of 17.2x is below the 5-year average of 161.2x and sits at the 20th percentile of its valuation range.
What is ESTC's historical P/E range?
Over the past 5 years, ESTC's P/E ratio has ranged from 13.3x to 254.5x, with a median of 192.9x and an average of 161.2x. The current P/E of 17.2x places the stock at the 20th percentile of this range. Full historical data spans 2024–2026.
How does ESTC's P/E compare to the S&P 500?
ESTC trades at 17.2x P/E versus the S&P 500 median of 24.4x. The 30% discount to the market suggests lower growth expectations or perceived higher risk.
How does ESTC's valuation compare to Technology peers?
Elastic N.V. P/E of 17.2x compares to the Technology sector median of 29.0x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is ESTC's PEG ratio?
ESTC PEG ratio is N/A, based on a P/E of 17.2x and EPS growth of 429.8%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is ESTC's earnings yield?
ESTC earnings yield is 5.82%, the inverse of its 17.2x 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.