Upstart Holdings, Inc. Common stock (UPST) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
Upstart Holdings Inc provides credit services. The company provides a proprietary, cloud-based, artificial intelligence lending platform. The platform aggregates consumer demand for loans and conne...
Upstart Holdings, Inc. Common stock (UPST) currently trades at a P/E ratio of 38.00 (historical range: 16.91–661.47, median: 90.97), placing it at the 16th percentile — cheap relative to its history, P/S ratio of 1.84 (range: 1.02–99.41, 10th percentile — cheap relative to its history), EV/EBITDA of 67.33 (range: 65.95–114.06, 6th percentile).
Over the historical period (2021-09-14 to 2026-10-16), Upstart Holdings, Inc. Common stock's P/E ratio has contracted by 49% over the observed period (from an average of 180.5 to 91.4).
Upstart Holdings, Inc. Common stock trades well below its historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 38.00 | 90.97 | 16th | cheap relative to its history |
| P/S Ratio | 1.84 | 4.59 | 10th | cheap relative to its history |
| EV/EBITDA | 67.33 | 77.20 | 6th | cheap relative to its history |
| FCF Yield | 3.41% | 2.37% | 93th | cheap relative to its history |
Upstart Holdings, Inc. Common stock (UPST) Valuation & P/E History
Upstart Holdings, Inc. Common stock (UPST) is a US-listed stock operating in the Financial Services sector, specifically the Finance Services industry currently trading at $23.25 with a market capitalization of $2.3 billion. This page provides historical valuation analysis for UPST based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 38.00 is below the historical median of 90.97, placing UPST at the 16th percentile of its valuation range. The P/S ratio of 1.84 compares to a median of 4.59.
UPST Valuation Metrics & Historical Range
The valuation table above shows Upstart Holdings, Inc. 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 UPST 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 UPST 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 Upstart Holdings, Inc. Common stock.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is UPST Overvalued or Undervalued?
Upstart Holdings, Inc. Common stock trades well below its historical valuation range across most metrics. The overall valuation percentile of 11 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive UPST 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 UPST analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.UPST trades on NYSE. This page is for informational purposes only and is not financial advice.