ON24, Inc. (ONTF) P/E Ratio History
Historical price-to-earnings valuation from 2021 to 2021
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ONTF Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, ON24, Inc. (ONTF) trades at a price-to-earnings ratio of -11.9x, with a stock price of $8.10 and trailing twelve-month earnings per share of $-0.68.
The current P/E is 101% below its 5-year average of 1035.7x. Over the past five years, ONTF's P/E has ranged from a low of 919.2x to a high of 1152.3x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Technology sector median P/E of 27.7x, ONTF trades at a 143% discount to its sector peers. The sector includes 359 companies with P/E ratios ranging from 0.0x to 184.2x.
Relative to the broader market, ONTF 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 ONTF 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.
ONTF P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $33B | 17.5 | 0.78Best | +93% | |
| $3.1T | 30.9 | 1.64 | +16% | |
| $1B | 60.6 | - | -80% | |
| $13B | 284.1 | - | +863%Best | |
| $225M | 14.4Lowest | - | +3% | |
| $179B | 23.9 | 1.95 | +23% | |
| $106B | 15.4 | 1.70 | +35% | |
| $4.8T | 36.8 | 1.23 | +34% | |
| $30B | 938.4 | - | +132% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
ONTF Historical P/E Data (2021–2021)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2021 Q2 | Wed Jun 30 2021 00:00:00 GM | $35.48 | $0.04 | 919.2x | -11% |
| FY2021 Q1 | Wed Mar 31 2021 00:00:00 GM | $48.51 | $0.04 | 1152.3x | +11% |
Average P/E for displayed period: 1035.7x
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Start ComparisonONTF — Frequently Asked Questions
Quick answers to the most common questions about buying ONTF stock.
Is ONTF stock overvalued or undervalued?
ONTF trades at -11.9x P/E, below its 5-year average of 1035.7x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does ONTF's valuation compare to peers?
ON24, Inc. P/E of -11.9x compares to sector median of 27.7x. The discount suggests lower growth expectations or higher risk.
What is ONTF's PEG ratio?
ONTF PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2021-2021.