Backblaze, Inc. Class A Common Stock (BLZE) Valuation
Historical valuation analysis based on 1237 data points (2021-11-11 to 2026-10-16)
Backblaze Inc offers a cloud storage platform designed to help businesses and consumers store, use, and protect their data. The company delivers its services through the Backblaze Storage Cloud pla...
Backblaze, Inc. Class A Common Stock (BLZE) currently trades at a P/S ratio of 3.41 (range: 1.31–12.12, 76th percentile — above its historical average).
Backblaze, Inc. Class A Common Stock trades well above its own historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/S Ratio | 3.41 | 2.36 | 76th | above its historical average |
| FCF Yield | 4.51% | 4.04% | 71th | below its historical average |
Backblaze, Inc. Class A Common Stock (BLZE) Valuation & P/E History
Backblaze, Inc. Class A Common Stock (BLZE) is a US-listed stock operating in the Technology sector, specifically the Services-Prepackaged Software industry currently trading at $8.65 with a market capitalization of $0.5 billion. This page provides historical valuation analysis for BLZE based on 1237 data points covering 2021-11-11 to 2026-10-16.. The P/S ratio of 3.41 compares to a median of 2.36.
BLZE Valuation Metrics & Historical Range
The valuation table above shows Backblaze, Inc. Class A 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 BLZE 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 BLZE 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 Backblaze, Inc. Class A Common Stock.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is BLZE Overvalued or Undervalued?
Backblaze, Inc. Class A Common Stock trades well above its own historical valuation range across most metrics. The overall valuation percentile of 76 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive BLZE 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 BLZE analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.BLZE trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.