IonQ, Inc. (IONQ) Valuation
Historical valuation analysis based on 1266 data points (2021-10-01 to 2026-10-16)
IonQ Inc sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational c...
IonQ, Inc. (IONQ) currently trades at a P/E ratio of 61.12 (historical range: 31.53–81.76, median: 58.93), placing it at the 56th percentile — near its historical average, P/S ratio of 51.42 (range: 44.19–24969.49, 3th percentile — cheap relative to its history).
IonQ, Inc. trades below its historical valuation range, with most metrics below their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 61.12 | 58.93 | 56th | near its historical average |
| P/S Ratio | 51.42 | 139.32 | 3th | cheap relative to its history |
IonQ, Inc. (IONQ) Valuation & P/E History
IonQ, Inc. (IONQ) is a US-listed stock operating in the Technology sector, specifically the Services-Computer Integrated Systems Design industry currently trading at $31.43 with a market capitalization of $12.7 billion. This page provides historical valuation analysis for IONQ based on 1266 data points covering 2021-10-01 to 2026-10-16. The P/E ratio of 61.12 is above the historical median of 58.93, placing IONQ at the 56th percentile of its valuation range. The P/S ratio of 51.42 compares to a median of 139.32.
IONQ Valuation Metrics & Historical Range
The valuation table above shows IonQ, 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 IONQ 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 IONQ 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 IonQ, Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is IONQ Overvalued or Undervalued?
IonQ, Inc. trades below its historical valuation range, with most metrics below their median levels. The overall valuation percentile of 30 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive IONQ 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 IONQ analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.IONQ trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.