ON24, Inc. (ONTF) P/E Ratio History
Deep ValueTrading at -11.9x · 0th percentile of 5-year range · Significant discount to historical valuation · Data 2021–2021
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P/E Ratio Analysis
As of June 30, 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 29.0x, ONTF trades at a 141% discount to its sector peers. The sector includes 354 companies with P/E ratios ranging from 0.0x to 183.6x.
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 Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
ONTF P/E vs Peers
Marketing automation and ad technology peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $25B | 13.9 | 0.62Best | +93% | |
| $2.7T | 27.0 | 1.44 | +16% | |
| $1B | 58.4 | - | -80% | |
| $9B | 214.5 | - | +863%Best | |
| $217M | 13.9 | - | +3% | |
| $129B | 20.2 | 1.66 | +23% | |
| $82B | 12.4Lowest | 1.37 | +35% | |
| $4.3T | 32.7 | 1.10 | +34% | |
| $30B | 946.5 | - | +132% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
ONTF Historical P/E Data (2021–2021)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2021 Q2 | Jun 30 2021 | $35.48 | $0.04 | 919.2x | -11% |
| FY2021 Q1 | Mar 31 2021 | $48.51 | $0.04 | 1152.3x | +11% |
Average P/E for displayed period: 1035.7x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
5+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
ONTF — Frequently Asked Questions
Quick answers to the most common questions about buying ONTF stock.
What is ONTF's P/E ratio?
ON24, Inc. (ONTF) trailing twelve-month P/E ratio is -11.9x, based on TTM diluted EPS of $-0.68. The 5-year average P/E is 1035.7x and the historical range spans 919.2x to 1152.3x.
Is ONTF stock overvalued or undervalued?
ONTF trades at -11.9x P/E, below its 5-year average of 1035.7x. At the 0th percentile of its historical range (919.2x–1152.3x), the stock is priced at a discount to its own history.
Is ONTF stock expensive?
No, ONTF is not expensive on a historical basis. The current P/E of -11.9x is below the 5-year average of 1035.7x and sits at the 0th percentile of its valuation range.
What is ONTF's historical P/E range?
Over the past 5 years, ONTF's P/E ratio has ranged from 919.2x to 1152.3x, with a median of 1152.3x and an average of 1035.7x. The current P/E of -11.9x places the stock at the 0th percentile of this range. Full historical data spans 2021–2021.
How does ONTF's P/E compare to the S&P 500?
ONTF trades at -11.9x P/E versus the S&P 500 median of 25.1x. The 147% discount to the market suggests lower growth expectations or perceived higher risk.
How does ONTF's valuation compare to Technology peers?
ON24, Inc. P/E of -11.9x compares to the Technology sector median of 29.0x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is ONTF's PEG ratio?
ONTF PEG ratio is N/A, based on a P/E of -11.9x and EPS growth of 32.7%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is ONTF's earnings yield?
ONTF earnings yield is N/A, the inverse of its -11.9x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.