Axon Enterprise, Inc. Common Stock (AXON) Valuation
Historical valuation analysis based on 1281 data points (2021-09-10 to 2026-10-16)
Axon Enterprise Inc is building a public safety operating system by integrating a suite of hardware devices and cloud software solutions. The company's suite includes cloud-hosted digital evidence...
Axon Enterprise, Inc. Common Stock (AXON) currently trades at a P/E ratio of 159.09 (historical range: 46.86–263.20, median: 146.52), placing it at the 62th percentile — above its historical average, P/S ratio of 9.85 (range: 6.60–29.97, 13th percentile — cheap relative to its history), EV/EBITDA of 584.80 (range: 584.80–5183.01, 0th percentile).
Over the historical period (2021-09-10 to 2026-10-16), Axon Enterprise, Inc. Common Stock's P/E ratio has expanded by 27% over the observed period (from an average of 125.2 to 158.7).
Axon Enterprise, Inc. Common Stock trades below its historical valuation range, with most metrics below their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 159.09 | 146.52 | 62th | above its historical average |
| P/S Ratio | 9.85 | 13.13 | 13th | cheap relative to its history |
| EV/EBITDA | 584.80 | 810.23 | 0th | cheap relative to its history |
| FCF Yield | 0.42% | 0.56% | 30th | above its historical average |
Axon Enterprise, Inc. Common Stock (AXON) Valuation & P/E History
Axon Enterprise, Inc. Common Stock (AXON) is a US-listed stock operating in the Industrials sector, specifically the Ordnance & Accessories, (No Vehicles/Guided Missiles) industry currently trading at $390.50 with a market capitalization of $31.7 billion. This page provides historical valuation analysis for AXON based on 1281 data points covering 2021-09-10 to 2026-10-16. The P/E ratio of 159.09 is above the historical median of 146.52, placing AXON at the 62th percentile of its valuation range. The P/S ratio of 9.85 compares to a median of 13.13.
AXON Valuation Metrics & Historical Range
The valuation table above shows Axon Enterprise, Inc. Common Stock'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 AXON 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 AXON 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 Axon Enterprise, Inc. Common Stock.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is AXON Overvalued or Undervalued?
Axon Enterprise, Inc. Common Stock trades below its historical valuation range, with most metrics below their median levels. The overall valuation percentile of 25 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive AXON 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 AXON analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.AXON trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.