AppLovin (APP) fundamentals: P/E, valuation, undervalued?
AppLovin · Information Technology · ref. ETF XLK · price $312.63
In short — AppLovin trades at 23.7× earnings (P/E), 14.9× forward, with a net margin of 64.6 % and revenue growth of +53 %. Read: Cheap for the growth (P/E 15 for ~57% growth (PEG 0.3)).
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
$312.63-35.4% over range
Aug 28, 25low $298.59 · high $733.6Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
71% recommend buying · 17 analysts
Valuation : Cheap for the growth — P/E 15 for ~57% growth (PEG 0.3)
Valuation
23.7
P/E (price/earnings)
14.9
Forward P/E
0.42
PEG
33.1
Price/book (P/B)
$105.0B
Market cap
13.19
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 23.7 (forward 14.9). 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 13.19). The company is profitable.
Is APP stock expensive?
Our read: "Cheap for the growth" — P/E 15 for ~57% growth (PEG 0.3). Cross-check with growth and sector.
💬 A question about AppLovin? The JPI assistant answers using our backtest data.