RingCentral, Inc. (RNG) P/E Ratio History
UndervaluedTrading at 73.0x vs 5Y avg 100.7x · 67th percentile · Below historical baseline · Data 2025–2026
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P/E Ratio Analysis
As of June 21, 2026, RingCentral, Inc. (RNG) trades at a price-to-earnings ratio of 73.0x, with a stock price of $35.02 and trailing twelve-month earnings per share of $0.97.
The current P/E is 28% below its 5-year average of 100.7x. Over the past five years, RNG's P/E has ranged from a low of 39.6x to a high of 202.4x, placing the current valuation at the 67th percentile of its historical range.
Compared to the Technology sector median P/E of 29.0x, RNG trades at a 152% premium to its sector peers. The sector includes 352 companies with P/E ratios ranging from 0.0x to 187.7x.
Relative to the broader market, RNG commands a significant premium over the S&P 500 median P/E of 24.4x. 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 RNG 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.
RNG Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
RNG P/E vs Peers
Communications and contact center software peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $260M | 184.0 | - | +105% | |
| $1B | 42.2 | - | +371%Best | |
| $5B | 8.8Lowest | 0.33Best | +43% | |
| $28B | 886.5 | - | +132% | |
| $470M | 74.3 | - | +188% | |
| $124B | 19.5 | 1.59 | +23% | |
| $471B | 46.9 | - | +0% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
RNG Historical P/E Data (2025–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $37.19 | $0.94 | 39.6x | -61% |
| FY2025 Q4 | Dec 31 2025 | $28.88 | $0.48 | 60.2x | -40% |
| FY2025 Q3 | - | $28.34 | $0.14 | 202.4x | +101% |
Average P/E for displayed period: 100.7x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
1+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
RNG — Frequently Asked Questions
Quick answers to the most common questions about buying RNG stock.
What is RNG's P/E ratio?
RingCentral, Inc. (RNG) trailing twelve-month P/E ratio is 73.0x, based on TTM diluted EPS of $0.97. The 5-year average P/E is 100.7x and the historical range spans 39.6x to 202.4x.
Is RNG stock overvalued or undervalued?
RNG trades at 73.0x P/E, below its 5-year average of 100.7x. At the 67th percentile of its historical range (39.6x–202.4x), the stock is priced at a discount to its own history.
Is RNG stock expensive?
No, RNG is not expensive on a historical basis. The current P/E of 73.0x is below the 5-year average of 100.7x and sits at the 67th percentile of its valuation range.
What is RNG's historical P/E range?
Over the past 5 years, RNG's P/E ratio has ranged from 39.6x to 202.4x, with a median of 60.2x and an average of 100.7x. The current P/E of 73.0x places the stock at the 67th percentile of this range. Full historical data spans 2025–2026.
How does RNG's P/E compare to the S&P 500?
RNG trades at 73.0x P/E versus the S&P 500 median of 24.4x. The 199% premium to the market typically reflects higher expected earnings growth or quality.
How does RNG's valuation compare to Technology peers?
RingCentral, Inc. P/E of 73.0x compares to the Technology sector median of 29.0x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is RNG's PEG ratio?
RNG PEG ratio is N/A, based on a P/E of 73.0x and EPS growth of 176.2%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is RNG's earnings yield?
RNG earnings yield is 1.37%, the inverse of its 73.0x 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.