EPAM SYSTEMS, INC. (EPAM) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
EPAM Systems is a global IT services firm with a focus on platform engineering, software development, and consulting services. The company used to host large engineer bases in Ukraine, Belarus, and...
EPAM SYSTEMS, INC. (EPAM) currently trades at a P/E ratio of 15.69 (historical range: 10.19–99.62, median: 30.74), placing it at the 9th percentile — cheap relative to its history, P/S ratio of 1.12 (range: 0.73–12.55, 9th percentile — cheap relative to its history), EV/EBITDA of 10.06 (range: 5.94–84.09, 9th percentile).
Over the historical period (2021-09-14 to 2026-10-16), EPAM SYSTEMS, INC.'s P/E ratio has contracted by 50% over the observed period (from an average of 48.1 to 24.1).
EPAM SYSTEMS, INC. trades well below its historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 15.69 | 30.74 | 9th | cheap relative to its history |
| P/S Ratio | 1.12 | 2.97 | 9th | cheap relative to its history |
| EV/EBITDA | 10.06 | 22.16 | 9th | cheap relative to its history |
| FCF Yield | 7.66% | 3.91% | 90th | cheap relative to its history |
EPAM SYSTEMS, INC. (EPAM) Valuation & P/E History
EPAM SYSTEMS, INC. (EPAM) is a US-listed stock operating in the Technology sector, specifically the Services-Computer Programming Services industry currently trading at $122.19 with a market capitalization of $6.3 billion. This page provides historical valuation analysis for EPAM based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 15.69 is below the historical median of 30.74, placing EPAM at the 9th percentile of its valuation range. The P/S ratio of 1.12 compares to a median of 2.97.
EPAM Valuation Metrics & Historical Range
The valuation table above shows EPAM SYSTEMS, 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 EPAM 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 EPAM 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 EPAM SYSTEMS, INC..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is EPAM Overvalued or Undervalued?
EPAM SYSTEMS, INC. trades well below its historical valuation range across most metrics. The overall valuation percentile of 9 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive EPAM 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 EPAM analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.EPAM trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.