Which has the lower trailing P/E, ESTC or PATH?

ESTC has the lower trailing P/E: ESTC trades at 27.96 and PATH at 30.10. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ESTC or PATH?

Over the past five years, ESTC grew revenue faster — ESTC at a 21.79% CAGR versus PATH at 19.70%.

Is ESTC or PATH more profitable?

ESTC runs the higher net margin — ESTC at 20.84% versus PATH at 19.58%.

How have ESTC and PATH total returns compared?

Over the past 5 years, ESTC delivered -8.44% and PATH delivered -22.50% annualized total return. Past performance doesn't predict future results.

Elastic N.V. (ESTC) vs UiPath Inc. (PATH)

A side-by-side comparison of Elastic N.V. and UiPath Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 30, 2026. Differences are shown without an overall score or investment verdict.

ESTC

Elastic N.V.

$10.39B

$99.91TechnologyAt close: Aug 28, 2026, 4:00 PM ET

PATH

UiPath Inc.

$9.65B

$18.15TechnologyAt close: Aug 28, 2026, 4:00 PM ET

Total return — ESTC vs PATH

growth of $100 · dividends reinvested · last 5y

ESTC -19.4% (-4.2%/yr)PATH -73.7% (-23.4%/yr)ESTC compounded faster over this window

ESTC PATH

ESTC vs PATH: by the numbers

•ESTC is the larger company ($10.39B vs $9.65B market cap).
•ESTC trades at the lower trailing earnings multiple (27.96 vs 30.10 P/E), one valuation lens rather than an overall verdict.
•ESTC converts more revenue to profit (20.84% vs 19.58% net margin).
•ESTC grew revenue faster over the past five years (21.79% vs 19.70% CAGR).

Metrics side by side

Valuation

Metric	ESTC	PATH
P/E ratio	27.96	30.10
Forward P/E	39.49	26.95
P/S ratio	5.80	5.73
P/B ratio	8.06	5.03
EV / EBITDA	N/A	72.34
FCF yield	3.34%	3.92%

Profitability

Metric	ESTC	PATH
Gross margin	75.50%	82.96%
Operating margin	-1.54%	6.19%
Net margin	20.84%	19.58%
ROE	28.97%	17.21%
ROIC	-1.41%	4.97%

Growth (annualized)

Metric	ESTC	PATH
Revenue CAGR (5Y)	21.79%	19.70%
FCF CAGR (5Y)	107.34%	65.27%
Total return CAGR (5Y)	-8.44%	-22.50%

Frequently asked

Which has the lower trailing P/E, ESTC or PATH?: ESTC has the lower trailing P/E: ESTC trades at 27.96 and PATH at 30.10. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ESTC or PATH?: Over the past five years, ESTC grew revenue faster — ESTC at a 21.79% CAGR versus PATH at 19.70%.
Is ESTC or PATH more profitable?: ESTC runs the higher net margin — ESTC at 20.84% versus PATH at 19.58%.
How have ESTC and PATH total returns compared?: Over the past 5 years, ESTC delivered -8.44% and PATH delivered -22.50% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ESTC analysis Full PATH analysis Interactive comparison tool

Dig into the metrics

Elastic P/E ratio UiPath P/E ratio Elastic ROE UiPath ROE Elastic operating margin UiPath operating margin Elastic revenue growth UiPath revenue growth Elastic free cash flow UiPath free cash flow

Elastic & UiPath appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 30, 2026.