Elastic N.V. (ESTC) P/E Ratio History
Historical price-to-earnings valuation from 2024 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 March 2, 2026, Elastic N.V. (ESTC) trades at a price-to-earnings ratio of -50.1x, with a stock price of $52.07 and trailing twelve-month earnings per share of $-0.80.
The current P/E is 125% 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 25.2x, ESTC trades at a 298% discount to its sector peers. The sector includes 345 companies with P/E ratios ranging from 0.0x to 199.1x.
Relative to the broader market, ESTC 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 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.
Peer Comparison
P/E metrics vs. Data platforms, analytics and business intelligence peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
CALXCalix, Inc. | $3B | 199.1Lowest | -Best | +158%Best |
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 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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Start ComparisonFrequently Asked Questions
Is ESTC stock overvalued or undervalued?
ESTC trades at -50.1x 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 -50.1x compares to sector median of 25.2x. 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.