Yelp
YELP
#3676
Rank
$2.66 B
Marketcap
$39.10
Share price
2.22%
Change (1 day)
29.30%
Change (1 year)

P/E ratio for Yelp (YELP)

P/E ratio as of March 2024 (TTM): 29.6

According to Yelp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.6212. At the end of 2022 the company had a P/E ratio of 52.6.

P/E ratio history for Yelp from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202252.6-21.66%
202167.1-157.52%
2020-117-287.6%
201962.219.1%
201852.2130.25%
201722.7-103.57%
2016-636870.9%
2015-65.5-159.8%
2014109-125.4%
2013-431928.76%
2012-41.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
38.0 28.17%๐Ÿ‡บ๐Ÿ‡ธ USA
14.7-50.46%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.0774-100.26%๐Ÿ‡บ๐Ÿ‡ธ USA
-13.0-143.72%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.