Full Truck Alliance Co. Ltd. (YMM) P/E Ratio History
ExpensiveTrading at 12.7x vs 5Y avg 2.1x · 100th percentile · Material premium to history · Data 2023–2025
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P/E Ratio Analysis
As of June 23, 2026, Full Truck Alliance Co. Ltd. (YMM) trades at a price-to-earnings ratio of 12.7x, with a stock price of $7.89 and trailing twelve-month earnings per share of $3.99.
The current P/E is 501% above its 5-year average of 2.1x. Over the past five years, YMM's P/E has ranged from a low of 0.3x to a high of 4.0x, placing the current valuation at the 100th percentile of its historical range.
Compared to the Technology sector median P/E of 28.3x, YMM trades at a 55% discount to its sector peers. The sector includes 353 companies with P/E ratios ranging from 0.0x to 189.7x.
Relative to the broader market, YMM trades at a notable discount to the S&P 500 median P/E of 24.3x. 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 YMM 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.
YMM Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
YMM P/E vs Peers
Vertical industry SaaS applications peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $148B | 15.1 | - | +4% | |
| $5B | 2.1Lowest | - | +12259%Best | |
| $14B | 54.8 | - | +342% | |
| $22B | 38.7 | 7.15 | +25% | |
| $24B | 76.2 | 2.74 | -18% | |
| $5B | 80.8 | 0.64 | +187% | |
| $91B | 16.3 | 0.48Best | -3% | |
| $78B | 19.6 | 0.69 | -2% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
YMM Historical P/E Data (2023–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q2 | Jun 30 2025 | $11.81 | $45.73 | 0.3x | -88% |
| FY2025 Q1 | Mar 31 2025 | $12.77 | $22.52 | 0.6x | -73% |
| FY2024 Q4 | - | $10.82 | $21.92 | 0.5x | -77% |
| FY2024 Q3 | Sep 30 2024 | $9.01 | $21.95 | 0.4x | -81% |
| FY2024 Q2 | Jun 30 2024 | $8.04 | $2.55 | 3.2x | +49% |
| FY2024 Q1 | Mar 31 2024 | $7.27 | $2.36 | 3.1x | +45% |
| FY2023 Q4 | Dec 31 2023 | $7.01 | $2.16 | 3.2x | +53% |
| FY2023 Q3 | Sep 30 2023 | $7.04 | $1.80 | 3.9x | +84% |
| FY2023 Q2 | Jun 30 2023 | $6.22 | $1.57 | 4.0x | +87% |
Average P/E for displayed period: 2.1x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
3+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
YMM — Frequently Asked Questions
Quick answers to the most common questions about buying YMM stock.
What is YMM's P/E ratio?
Full Truck Alliance Co. Ltd. (YMM) trailing twelve-month P/E ratio is 12.7x, based on TTM diluted EPS of $3.99. The 5-year average P/E is 2.1x and the historical range spans 0.3x to 4.0x.
Is YMM stock overvalued or undervalued?
YMM trades at 12.7x P/E, above its 5-year average of 2.1x. The 100th percentile ranking within the 0.3x–4.0x historical range indicates a premium to historical valuation.
Is YMM stock expensive?
Yes, YMM is expensive relative to its own history. The current P/E of 12.7x is above the 5-year average of 2.1x. The stock sits at the 100th percentile of its 5-year valuation range.
What is YMM's historical P/E range?
Over the past 5 years, YMM's P/E ratio has ranged from 0.3x to 4.0x, with a median of 3.1x and an average of 2.1x. The current P/E of 12.7x places the stock at the 100th percentile of this range. Full historical data spans 2023–2025.
How does YMM's P/E compare to the S&P 500?
YMM trades at 12.7x P/E versus the S&P 500 median of 24.3x. The 48% discount to the market suggests lower growth expectations or perceived higher risk.
How does YMM's valuation compare to Technology peers?
Full Truck Alliance Co. Ltd. P/E of 12.7x compares to the Technology sector median of 28.3x. 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 YMM's PEG ratio?
YMM PEG ratio is N/A, based on a P/E of 12.7x and EPS growth of 42.9%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is YMM's earnings yield?
YMM earnings yield is 7.85%, the inverse of its 12.7x 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.