Figma, Inc. (FIG) Valuation
Historical valuation analysis based on 306 data points (2025-07-31 to 2026-10-16)
Figma provides software solutions for design-related workflows. Since its founding in 2015, the company has introduced a variety of products and established an end-to-end platform for software desi...
Figma, Inc. (FIG) currently trades at a P/E ratio of 158.36 (historical range: 152.13–363.50, median: 208.21), placing it at the 10th percentile — cheap relative to its history, P/S ratio of 8.94 (range: 7.01–63.19, 23th percentile — below its historical average), EV/EBITDA of 499.76 (range: 478.80–1190.03, 10th percentile).
Figma, Inc. trades well below its historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 158.36 | 208.21 | 10th | cheap relative to its history |
| P/S Ratio | 8.94 | 10.30 | 23th | below its historical average |
| EV/EBITDA | 499.76 | 667.49 | 10th | cheap relative to its history |
| FCF Yield | 2.03% | 1.92% | 58th | near its historical average |
Figma, Inc. (FIG) Valuation & P/E History
Figma, Inc. (FIG) is a US-listed stock operating in the Technology sector, specifically the Services-Prepackaged Software industry currently trading at $21.37 with a market capitalization of $11.4 billion. This page provides historical valuation analysis for FIG based on 306 data points covering 2025-07-31 to 2026-10-16. The P/E ratio of 158.36 is below the historical median of 208.21, placing FIG at the 10th percentile of its valuation range. The P/S ratio of 8.94 compares to a median of 10.30.
FIG Valuation Metrics & Historical Range
The valuation table above shows Figma, 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 FIG 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 FIG 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 Figma, Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is FIG Overvalued or Undervalued?
Figma, Inc. trades well below its historical valuation range across most metrics. The overall valuation percentile of 14 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive FIG 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 FIG analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.FIG trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.