Amazon.Com Inc (AMZN) Valuation

Historical valuation analysis based on 1280 data points (2021-09-13 to 2026-10-16)

Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 74% of total, followed by Amazon Web Services (17%), and advertising s...

Amazon.Com Inc (AMZN) currently trades at a P/E ratio of 19.93 (historical range: 18.07–313.61, median: 54.70), placing it at the 2th percentile — cheap relative to its history, P/S ratio of 3.48 (range: 1.66–4.31, 63th percentile — above its historical average), EV/EBITDA of 28.16 (range: 24.62–101.05, 5th percentile).

Over the historical period (2021-09-13 to 2026-10-16), Amazon.Com Inc's P/E ratio has contracted by 62% over the observed period (from an average of 100.5 to 38.3).

Amazon.Com Inc trades well below its historical valuation range across most metrics.

Historical Valuation Metrics

MetricCurrentMedian%ileAssessment
P/E Ratio19.9354.702thcheap relative to its history
P/S Ratio3.483.3063thabove its historical average
EV/EBITDA28.1647.265thcheap relative to its history
FCF Yield0.35%1.13%17thexpensive relative to its history
Current Price: $248.98
Market Cap: $2.69T
Sector: Consumer Cyclical

Amazon.Com Inc (AMZN) Valuation & P/E History

Amazon.Com Inc (AMZN) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Internet Retail industry currently trading at $248.98 with a market capitalization of $2.69 trillion. This page provides historical valuation analysis for AMZN based on 1280 data points covering 2021-09-13 to 2026-10-16. The P/E ratio of 19.93 is below the historical median of 54.70, placing AMZN at the 2th percentile of its valuation range. The P/S ratio of 3.48 compares to a median of 3.30.

AMZN Valuation Metrics & Historical Range

The valuation table above shows Amazon.Com Inc's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether AMZN is currently trading above or below its typical valuation levels.

  • P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests AMZN is expensively valued; below the median suggests it is cheap.
  • P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
  • EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Amazon.Com Inc.
  • FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.

Is AMZN Overvalued or Undervalued?

Amazon.Com Inc trades well below its historical valuation range across most metrics. The overall valuation percentile of 23 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive AMZN is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.

However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full AMZN analysis page for a complete picture.

Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.AMZN trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

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