Magnite, Inc. (MGNI) P/E Ratio History
Historical price-to-earnings valuation from 2016 to 2026
Loading P/E history...
MGNI Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Magnite, Inc. (MGNI) trades at a price-to-earnings ratio of 14.7x, with a stock price of $14.00 and trailing twelve-month earnings per share of $1.07.
The current P/E is 93% below its 5-year average of 201.1x. Over the past five years, MGNI's P/E has ranged from a low of 11.4x to a high of 1400.0x, placing the current valuation at the 8th percentile of its historical range.
Compared to the Communication Services sector median P/E of 15.4x, MGNI is roughly in line with its sector peers. The sector includes 108 companies with P/E ratios ranging from 0.1x to 179.7x.
Relative to the broader market, MGNI trades at a notable discount to 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 MGNI 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.
MGNI P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $2B | 36.2 | 1.99 | -6% | |
| $2B | 45.0 | - | +413% | |
| $824M | 6.2Lowest | 0.35Best | +39% | |
| $11B | 25.8 | 1.96 | +17% | |
| $168B | 51.2 | - | +115% | |
| $3B | 92.4 | - | +104% | |
| $2B | 58.7 | - | +464%Best |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
MGNI 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 Q1 | $11.88 | $1.05 | 11.4x | -94% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $16.23 | $0.95 | 17.2x | -91% |
| FY2025 Q3 | $21.78 | $0.38 | 58.1x | -71% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $24.12 | $0.28 | 86.1x | -57% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $11.41 | $0.20 | 57.8x | -71% |
| FY2024 Q4 | $15.92 | $0.14 | 115.9x | -42% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $13.85 | $0.12 | 118.0x | -41% |
| FY2021 Q3 | $28.00 | $0.02 | 1400.0x | +596% | |
| FY2021 Q2 | Wed Jun 30 2021 00:00:00 GM | $33.84 | $0.10 | 322.9x | +61% |
| FY2016 Q3 | Fri Sep 30 2016 00:00:00 GM | $8.28 | $0.49 | 16.8x | -92% |
| FY2016 Q2 | $13.65 | $0.35 | 39.1x | -81% | |
| FY2016 Q1 | $18.28 | $0.11 | 170.5x | -15% |
Average P/E for displayed period: 201.1x
See MGNI's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs MGNI Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare MGNI vs NFLX
Side-by-side business, growth, and profitability comparison vs Netflix, Inc..
Start ComparisonMGNI — Frequently Asked Questions
Quick answers to the most common questions about buying MGNI stock.
Is MGNI stock overvalued or undervalued?
MGNI trades at 14.7x P/E, below its 5-year average of 201.1x. At the 8th percentile of historical range, the stock is priced at a discount to its own history.
How does MGNI's valuation compare to peers?
Magnite, Inc. P/E of 14.7x compares to sector median of 15.4x. The discount suggests lower growth expectations or higher risk.
What is MGNI's PEG ratio?
MGNI PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2016-2026.