Houlihan Lokey, Inc. (HLI) P/E Ratio History
Historical price-to-earnings valuation from 2016 to 2026
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HLI Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Houlihan Lokey, Inc. (HLI) trades at a price-to-earnings ratio of 25.8x, with a stock price of $150.17 and trailing twelve-month earnings per share of $6.54.
The current P/E is roughly in line with its 5-year average of 24.1x. Over the past five years, HLI's P/E has ranged from a low of 12.8x to a high of 33.1x, placing the current valuation at the 45th percentile of its historical range.
Compared to the Financial Services sector median P/E of 13.3x, HLI trades at a 94% premium to its sector peers. The sector includes 779 companies with P/E ratios ranging from 0.0x to 197.4x.
The PEG ratio of 1.64 (P/E divided by 42% EPS growth) suggests a fair valuation 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, HLI trades roughly in line with the S&P 500 median P/E of 25.1x. 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 HLI 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.
HLI P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $13B | 23.2 | 2.05 | +55% | |
| $4B | 22.7 | 2.61 | +36% | |
| $4B | 20.8 | - | -19% | |
| $5B | 21.6 | - | +65% | |
| $2B | 35.6 | - | +145%Best | |
| $30B | 32.6 | - | +20% | |
| $4B | 17.1 | 0.84 | +47% | |
| $12B | 13.2Lowest | 1.85 | -6% | |
| $31B | 15.4 | 0.72Best | +6% | |
| $96B | 31.6 | 1.51 | +7% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
HLI Historical P/E Data (2016–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q3 | Wed Dec 31 2025 00:00:00 GM | $174.19 | $6.51 | 26.8x | +25% |
| FY2026 Q2 | $205.32 | $6.20 | 33.1x | +55% | |
| FY2026 Q1 | Mon Jun 30 2025 00:00:00 GM | $179.95 | $5.94 | 30.3x | +41% |
| FY2025 Q4 | Mon Mar 31 2025 00:00:00 GM | $161.50 | $5.82 | 27.7x | +29% |
| FY2025 Q3 | $173.66 | $5.24 | 33.1x | +55% | |
| FY2025 Q2 | Mon Sep 30 2024 00:00:00 GM | $158.02 | $4.89 | 32.3x | +51% |
| FY2025 Q1 | Sun Jun 30 2024 00:00:00 GM | $134.86 | $4.51 | 29.9x | +40% |
| FY2024 Q4 | Sun Mar 31 2024 00:00:00 GM | $128.19 | $4.11 | 31.2x | +46% |
| FY2024 Q3 | Sun Dec 31 2023 00:00:00 GM | $119.91 | $3.81 | 31.5x | +47% |
| FY2024 Q2 | Sat Sep 30 2023 00:00:00 GM | $107.12 | $3.67 | 29.2x | +36% |
| FY2024 Q1 | Fri Jun 30 2023 00:00:00 GM | $98.31 | $3.55 | 27.7x | +29% |
| FY2023 Q4 | Fri Mar 31 2023 00:00:00 GM | $87.49 | $3.68 | 23.8x | +11% |
Average P/E for displayed period: 21.4x
Full HLI Stock Analysis
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Start ComparisonHLI — Frequently Asked Questions
Quick answers to the most common questions about buying HLI stock.
Is HLI stock overvalued or undervalued?
HLI trades at 25.8x P/E, near its 5-year average of 24.1x. The 45th percentile ranking places valuation within normal historical bounds.
How does HLI's valuation compare to peers?
Houlihan Lokey, Inc. P/E of 25.8x compares to sector median of 13.3x. The premium reflects expected growth above peers.
What is HLI's PEG ratio?
HLI PEG ratio is 1.64. Between 1-2 suggests valuation aligns with growth. Historical P/E data spans 2016-2026.