Palantir Technologies (PLTR) valuation
Palantir Technologies P/E ratio history
Palantir Technologies trades at 157.4 times its earnings over the last twelve months and 93.2 times the earnings analysts expect over the next twelve. At its last 3 fiscal year ends its P/E ranged from 190.8 (year to Dec 2023) to 398.1 (year to Dec 2024), with a median of 282.1.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $177.75 | $0.63 | 282.1 | 192.5 |
| Dec 31, 2024 | $75.63 | $0.19 | 398.1 | 169.0 |
| Dec 31, 2023 | $17.17 | $0.09 | 190.8 | 61.3 |
| Dec 31, 2022 | $6.42 | -$0.18 | n/m | 49.4 |
| Dec 31, 2021 | $18.21 | -$0.27 | n/m | 97.1 |
| Dec 31, 2020 | $23.55 | -$1.20 | n/m | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Palantir Technologies valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| Palantir TechnologiesPLTR | $441B | 157.4 | 93.2 | 71.7 |
| SalesforceCRM | $188B | 20.9 | 14.0 | 4.3 |
| SnowflakeSNOW | $106B | — | 116.6 | 19.5 |
| AdobeADBE | $99.5B | 14.0 | 9.4 | 3.8 |
| IntuitINTU | $93.3B | 20.7 | 14.3 | 4.4 |
| Cadence Design SystemsCDNS | $90.3B | 65.2 | 34.6 | 14.7 |
| SynopsysSNPS | $89.5B | 81.9 | 26.4 | 9.5 |
| DatadogDDOG | $83.7B | 470.5 | 85.4 | 21.1 |
| AppLovinAPP | $76.8B | 17.6 | 12.3 | 11.2 |
| Peer median | 20.9 | 20.4 | 10.4 |
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: PLTR financials · PLTR returns
No forecast, no recommendation. This page describes Palantir Technologies 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.