Applovin Corporation Class A Common Stock (APP) Valuation

Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)

AppLovin is a vertically integrated advertising technology company that acts as a demand-side platform for advertisers, a supply-side platform for publishers, and an exchange facilitating transacti...

Applovin Corporation Class A Common Stock (APP) currently trades at a P/E ratio of 27.44 (historical range: 25.63–154.20, median: 59.91), placing it at the 3th percentile — cheap relative to its history, P/S ratio of 18.62 (range: 7.45–49.05, 16th percentile — cheap relative to its history), EV/EBITDA of 76.04 (range: 30.47–221.98, 48th percentile).

Over the historical period (2024-08-30 to 2026-08-28), Applovin Corporation Class A Common Stock's P/E ratio has contracted by 22% over the observed period (from an average of 72.3 to 56.6).

Applovin Corporation Class A Common Stock appears significantly undervalued relative to its historical range, trading at depressed multiples across most metrics.

Historical Valuation Metrics

MetricCurrentMinMedianMaxPercentileAssessment
P/E Ratio27.4425.6359.91154.203thcheap relative to its history
P/S Ratio18.627.4527.1249.0516thcheap relative to its history
EV/EBITDA76.0430.4780.09221.9848thnear its historical average
FCF Yield0.020.010.020.0388thcheap relative to its history
Current Price: $313.77
Market Cap: $105.0B
Sector: Technology