Roku, Inc. (ROKU) P/E Ratio History
Historical price-to-earnings valuation from 2021 to 2026
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ROKU Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Roku, Inc. (ROKU) trades at a price-to-earnings ratio of 210.9x, with a stock price of $124.42 and trailing twelve-month earnings per share of $1.33.
The current P/E is roughly in line with its 5-year average of 197.2x. Over the past five years, ROKU's P/E has ranged from a low of 71.1x to a high of 423.1x, placing the current valuation at the 71th percentile of its historical range.
Compared to the Communication Services sector median P/E of 15.0x, ROKU trades at a 1311% premium to its sector peers. The sector includes 108 companies with P/E ratios ranging from 0.1x to 171.4x.
Relative to the broader market, ROKU 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 ROKU 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.
ROKU 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 | 14.3Lowest | - | +494%Best | |
| $12B | 27.0 | 2.05 | +17% | |
| $2.9T | 38.1 | 1.36 | +30% | |
| $4.7T | 35.9 | 1.20 | +34% | |
| $4.2T | 38.1 | 2.13 | +23% | |
| $372B | 34.7 | 1.05Best | +28% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
ROKU Historical P/E Data (2021–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $94.62 | $1.33 | 71.1x | -64% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $108.49 | $0.57 | 190.3x | -3% |
| FY2022 Q1 | $125.27 | $0.98 | 127.8x | -35% | |
| FY2021 Q4 | Fri Dec 31 2021 00:00:00 GM | $228.20 | $1.71 | 133.5x | -32% |
| FY2021 Q3 | $313.35 | $2.03 | 154.4x | -22% | |
| FY2021 Q2 | Wed Jun 30 2021 00:00:00 GM | $459.25 | $1.64 | 280.0x | +42% |
| FY2021 Q1 | Wed Mar 31 2021 00:00:00 GM | $325.77 | $0.77 | 423.1x | +115% |
Average P/E for displayed period: 197.2x
Full ROKU Stock Analysis
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Start ComparisonROKU — Frequently Asked Questions
Quick answers to the most common questions about buying ROKU stock.
Is ROKU stock overvalued or undervalued?
ROKU trades at 210.9x P/E, near its 5-year average of 197.2x. The 71th percentile ranking places valuation within normal historical bounds.
How does ROKU's valuation compare to peers?
Roku, Inc. P/E of 210.9x compares to sector median of 15.0x. The premium reflects expected growth above peers.
What is ROKU's PEG ratio?
ROKU PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2021-2026.