Q2 Holdings, Inc. (QTWO) P/E Ratio History
Historical price-to-earnings valuation from 2025 to 2026
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QTWO Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Q2 Holdings, Inc. (QTWO) trades at a price-to-earnings ratio of 63.4x, with a stock price of $50.69 and trailing twelve-month earnings per share of $1.09.
The current P/E is 88% below its 5-year average of 516.6x. Over the past five years, QTWO's P/E has ranged from a low of 42.2x to a high of 1782.7x, placing the current valuation at the 25th percentile of its historical range.
Compared to the Technology sector median P/E of 27.7x, QTWO trades at a 129% premium 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, QTWO commands a significant premium over 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 QTWO 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.
QTWO P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $699M | 10.4 | 1.97 | +3% | |
| $11B | 23.4 | 2.32 | +19% | |
| $24B | 63.0 | 2.58 | -47% | |
| $30B | 9.0Lowest | 0.25Best | +18% | |
| $1B | 10.6 | 1.18 | +27%Best | |
| $569M | 12.3 | - | -15% | |
| $3.1T | 30.9 | 1.64 | +16% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
QTWO Historical P/E Data (2025–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $47.29 | $1.12 | 42.2x | -92% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $72.16 | $0.79 | 91.3x | -82% |
| FY2025 Q3 | $72.39 | $0.48 | 150.0x | -71% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $93.59 | $0.05 | 1782.7x | +245% |
Average P/E for displayed period: 516.6x
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Start ComparisonQTWO — Frequently Asked Questions
Quick answers to the most common questions about buying QTWO stock.
Is QTWO stock overvalued or undervalued?
QTWO trades at 63.4x P/E, below its 5-year average of 516.6x. At the 25th percentile of historical range, the stock is priced at a discount to its own history.
How does QTWO's valuation compare to peers?
Q2 Holdings, Inc. P/E of 63.4x compares to sector median of 27.7x. The premium reflects expected growth above peers.
What is QTWO's PEG ratio?
QTWO PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2025-2026.