PE Ratio: 27.96

Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/E ratio high or low?

The P/E ratio of 27.96 is 86% below its 2-year average of 194.33, near the low end of its 2-year range (15.30–254.37).

As of Friday, August 28, 2026. 45.76% above its 12-month average of 19.18.

PE Ratio (27.96) = Close Price ($99.91) / Diluted TTM EPS ($3.57)

ESTC PE Ratio Metrics

P/E vs. its own history

At 28.0, P/E is at an extreme level, where the multiple carries little signal — higher than 19% of readings in its 2-year history.

P/E Comparison

PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PE Ratio FAQ

What is the P/E ratio for Elastic N.V. (ESTC)?

The P/E ratio for ESTC stock is 27.96.

Is Elastic N.V.'s P/E ratio high or low?

The P/E ratio of 27.96 is 86% below its 2-year average of 194.33, near the low end of its 2-year range (15.30–254.37).

What is the TTM average P/E ratio for Elastic N.V. (ESTC)?

The TTM average P/E ratio for ESTC stock is 19.18.

Showing the most recent 260 of 306 data points. The chart above shows the full history.

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