AppLovin (APP) fundamentals: P/E, valuation, undervalued?
AppLovin · Information Technology · ref. ETF XLK · price $272.28
In short — AppLovin trades at 20.9× earnings (P/E), 13.3× forward, with a net margin of 64.6 % and revenue growth of +53 %. Read: Cheap for the growth (P/E 13 for ~57% growth (PEG 0.2)).
Is AppLovin stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$272.28-53.9% over range
Oct 14, 25low $268.22 · high $733.6Oct 13, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
72% recommend buying · 18 analysts
Valuation : Cheap for the growth — P/E 13 for ~57% growth (PEG 0.2)
Valuation
20.9
P/E (price/earnings)
13.3
Forward P/E
0.37
PEG
28.9
Price/book (P/B)
$91.1B
Market cap
13.01
EPS
Profitability & growth
64.6 %
Net margin
+53 %
Revenue growth
+57 %
Earnings growth
$3.5B
Total debt
AppLovin income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2022 | $2.8B | $-193M | -6.8 % |
| 2023 | $3.3B | $355M | 10.8 % |
| 2024 | $4.7B | $1.6B | 33.5 % |
| 2025 | $5.5B | $3.3B | 60.8 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is AppLovin's P/E and is the stock undervalued? What's a good P/E?
AppLovin's P/E is 20.9 (forward 13.3). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".
Is AppLovin profitable?
AppLovin has a net margin of 64.6 % (EPS 13.01). The company is profitable.
Is APP stock expensive?
Our read: "Cheap for the growth" — P/E 13 for ~57% growth (PEG 0.2). Cross-check with growth and sector.
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