Elastic N.V. (ESTC) P/E Ratio History
Historical price-to-earnings valuation from 2024 to 2025
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ESTC Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Elastic N.V. (ESTC) trades at a price-to-earnings ratio of -47.2x, with a stock price of $49.11 and trailing twelve-month earnings per share of $-0.80.
The current P/E is 124% below its 5-year average of 198.2x. Over the past five years, ESTC's P/E has ranged from a low of 145.9x to a high of 254.5x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Technology sector median P/E of 27.2x, ESTC trades at a 274% discount to its sector peers. The sector includes 357 companies with P/E ratios ranging from 0.0x to 175.4x.
Relative to the broader market, ESTC trades at a notable discount to the S&P 500 median P/E of 25.2x. 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 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 P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $47B | 479.0 | - | -41% | |
| $11B | 24.0 | - | +206% | |
| $629M | 3.7Lowest | - | +417%Best | |
| $3.0T | 38.3 | 1.37 | +30% | |
| $3.1T | 30.3 | 1.61 | +16% | |
| $4.8T | 36.8 | 1.23Best | +34% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
ESTC Historical P/E Data (2024–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q2 | $80.23 | $0.55 | 145.9x | -26% | |
| FY2025 Q1 | Wed Jul 31 2024 00:00:00 GM | $109.67 | $0.55 | 199.4x | +1% |
| FY2024 Q4 | $102.22 | $0.53 | 192.9x | -3% | |
| FY2024 Q3 | Wed Jan 31 2024 00:00:00 GM | $117.06 | $0.46 | 254.5x | +28% |
Average P/E for displayed period: 198.2x
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View ValuationCompare ESTC vs NVDA
Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.
Start ComparisonESTC — Frequently Asked Questions
Quick answers to the most common questions about buying ESTC stock.
Is ESTC stock overvalued or undervalued?
ESTC trades at -47.2x P/E, below its 5-year average of 198.2x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does ESTC's valuation compare to peers?
Elastic N.V. P/E of -47.2x compares to sector median of 27.2x. The discount suggests lower growth expectations or higher risk.
What is ESTC's PEG ratio?
ESTC PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2024-2025.