Elastic N.V. (ESTC) Valuation
Historical valuation analysis based on 500 data points (2024-09-24 to 2026-09-22)
Elastic is a software company that specializes in AI-search, observability, and security deployments. Its search division offers both traditional keyword search and vector search methods to enable...
Elastic N.V. (ESTC) currently trades at a P/E ratio of 188.33 (historical range: 135.60–199.66, median: 165.98), placing it at the 89th percentile — expensive relative to its history, P/S ratio of 5.70 (range: 2.73–8.76, 45th percentile — near its historical average).
Elastic N.V. trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Min | Median | Max | Percentile | Assessment |
|---|---|---|---|---|---|---|
| P/E Ratio | 188.33 | 135.60 | 165.98 | 199.66 | 89th | expensive relative to its history |
| P/S Ratio | 5.70 | 2.73 | 5.89 | 8.76 | 45th | near its historical average |
| FCF Yield | 0.03 | 0.01 | 0.03 | 0.06 | 35th | above its historical average |
Elastic N.V. (ESTC) Valuation & P/E History
Elastic N.V. (ESTC) is a US-listed stock operating in the Technology sector, specifically the Services-Prepackaged Software industry currently trading at $89.22 with a market capitalization of $9.4 billion. This page provides historical valuation analysis for ESTC based on 500 data points covering 2024-09-24 to 2026-09-22. The P/E ratio of 188.33 is above the historical median of 165.98, placing ESTC at the 89th percentile of its valuation range. The P/S ratio of 5.70 compares to a median of 5.89.
ESTC Valuation Metrics & Historical Range
The valuation table above shows Elastic N.V.'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 ESTC 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 ESTC 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 Elastic N.V..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is ESTC Overvalued or Undervalued?
Elastic N.V. trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 67 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive ESTC 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 ESTC analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.ESTC trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.