Amazon.com (AMZN) valuation
Amazon.com P/E ratio history
Amazon.com trades at 19.4 times its earnings over the last twelve months and 24.3 times the earnings analysts expect over the next twelve. At its last 9 fiscal year ends its P/E ranged from 32.2 (year to Dec 2025) to 190.2 (year to Dec 2017), with a median of 74.6.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $230.82 | $7.17 | 32.2 | 31.6 |
| Dec 31, 2024 | $219.39 | $5.53 | 39.7 | 37.0 |
| Dec 31, 2023 | $151.94 | $2.90 | 52.4 | 48.8 |
| Dec 31, 2022 | $84.00 | -$0.27 | n/m | 69.6 |
| Dec 31, 2021 | $166.72 | $3.24 | 51.5 | 68.0 |
| Dec 31, 2020 | $162.85 | $2.09 | 78.0 | — |
| Dec 31, 2019 | $92.39 | $1.15 | 80.3 | — |
| Dec 31, 2018 | $75.10 | $1.01 | 74.6 | — |
| Dec 31, 2017 | $58.47 | $0.31 | 190.2 | — |
| Dec 31, 2016 | $37.49 | $0.25 | 152.7 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Amazon.com valuation against its peers
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: AMZN financials · AMZN returns
No forecast, no recommendation. This page describes Amazon.com from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.