AppFolio, Inc. (APPF) P/E Ratio History
UndervaluedTrading at 44.0x vs 5Y avg 685.1x · 35th percentile · Below historical baseline · Data 2017–2026
Loading P/E history...
P/E Ratio Analysis
As of July 6, 2026, AppFolio, Inc. (APPF) trades at a price-to-earnings ratio of 44.0x, with a stock price of $170.90 and trailing twelve-month earnings per share of $4.24.
The current P/E is 94% below its 5-year average of 685.1x. Over the past five years, APPF's P/E has ranged from a low of 31.0x to a high of 5774.7x, placing the current valuation at the 35th percentile of its historical range.
Compared to the Technology sector median P/E of 29.5x, APPF trades at a 49% premium to its sector peers. The sector includes 359 companies with P/E ratios ranging from 0.0x to 195.4x.
Relative to the broader market, APPF commands a significant premium over the S&P 500 median P/E of 25.6x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our APPF DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
APPF Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
APPF P/E vs Peers
Vertical industry SaaS applications peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $37B | 25.6 | 2.68 | -1% | |
| $6B | 28.6 | 1.01 | +11% | |
| $8B | 17.2Lowest | 0.64 | -9% | |
| $13B | 44.2 | 4.94 | +19% | |
| $13B | 1807.2 | - | -95% | |
| $102B | 55.0 | 0.21Best | +31% | |
| $2B | 23.1 | 1.97 | +100%Best |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
APPF Historical P/E Data (2017–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $157.82 | $4.20 | 37.6x | -93% |
| FY2025 Q4 | Dec 31 2025 | $232.65 | $3.88 | 60.0x | -89% |
| FY2025 Q3 | - | $275.66 | $5.57 | 49.5x | -91% |
| FY2025 Q2 | Jun 30 2025 | $230.28 | $5.54 | 41.6x | -92% |
| FY2025 Q1 | Mar 31 2025 | $219.90 | $5.36 | 41.0x | -93% |
| FY2024 Q4 | - | $246.72 | $5.55 | 44.5x | -92% |
| FY2024 Q3 | Sep 30 2024 | $235.40 | $3.59 | 65.6x | -88% |
| FY2024 Q2 | Jun 30 2024 | $244.57 | $3.41 | 71.7x | -87% |
| FY2024 Q1 | Mar 31 2024 | $246.74 | $2.07 | 119.2x | -78% |
| FY2023 Q4 | Dec 31 2023 | $173.24 | $0.03 | 5774.7x | +944% |
| FY2021 Q4 | Dec 31 2021 | $121.06 | $0.03 | 4386.2x | +693% |
| FY2021 Q3 | - | $120.40 | $0.05 | 2360.8x | +327% |
| FY2021 Q2 | Jun 30 2021 | $141.20 | $3.92 | 36.1x | -93% |
| FY2021 Q1 | Mar 31 2021 | $141.41 | $4.40 | 32.2x | -94% |
| FY2020 Q4 | - | $180.04 | $4.45 | 40.5x | -93% |
| FY2020 Q3 | Sep 30 2020 | $141.81 | $4.58 | 31.0x | -94% |
| FY2020 Q2 | - | $162.71 | $0.86 | 189.2x | -66% |
| FY2020 Q1 | - | $110.95 | $0.97 | 114.4x | -79% |
| FY2019 Q4 | - | $109.95 | $1.02 | 107.8x | -81% |
| FY2019 Q3 | Sep 30 2019 | $95.14 | $0.97 | 98.1x | -82% |
| FY2019 Q2 | Jun 30 2019 | $102.27 | $0.99 | 103.3x | -81% |
| FY2019 Q1 | Mar 31 2019 | $79.40 | $0.55 | 144.4x | -74% |
| FY2018 Q4 | Dec 31 2018 | $59.22 | $0.56 | 105.8x | -81% |
| FY2018 Q3 | Sep 30 2018 | $78.40 | $0.56 | 140.0x | -75% |
| FY2018 Q2 | Jun 30 2018 | $61.15 | $0.50 | 122.3x | -78% |
| FY2018 Q1 | Mar 31 2018 | $40.85 | $0.37 | 110.4x | -80% |
| FY2017 Q4 | Dec 31 2017 | $41.50 | $0.27 | 153.7x | -72% |
| FY2017 Q3 | Sep 30 2017 | $47.95 | $0.16 | 296.5x | -46% |
| FY2017 Q2 | Jun 30 2017 | $32.60 | $0.03 | 1156.0x | +109% |
Average P/E for displayed period: 552.9x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
9+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
APPF — Frequently Asked Questions
Quick answers to the most common questions about buying APPF stock.
What is APPF's P/E ratio?
AppFolio, Inc. (APPF) trailing twelve-month P/E ratio is 44.0x, based on TTM diluted EPS of $4.24. The 5-year average P/E is 685.1x and the historical range spans 31.0x to 5774.7x.
Is APPF stock overvalued or undervalued?
APPF trades at 44.0x P/E, below its 5-year average of 685.1x. At the 35th percentile of its historical range (31.0x–5774.7x), the stock is priced at a discount to its own history.
Is APPF stock expensive?
No, APPF is not expensive on a historical basis. The current P/E of 44.0x is below the 5-year average of 685.1x and sits at the 35th percentile of its valuation range.
What is APPF's historical P/E range?
Over the past 5 years, APPF's P/E ratio has ranged from 31.0x to 5774.7x, with a median of 65.6x and an average of 685.1x. The current P/E of 44.0x places the stock at the 35th percentile of this range. Full historical data spans 2017–2026.
How does APPF's P/E compare to the S&P 500?
APPF trades at 44.0x P/E versus the S&P 500 median of 25.6x. The 72% premium to the market typically reflects higher expected earnings growth or quality.
How does APPF's valuation compare to Technology peers?
AppFolio, Inc. P/E of 44.0x compares to the Technology sector median of 29.5x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is APPF's PEG ratio?
APPF PEG ratio is N/A, based on a P/E of 44.0x and EPS growth of -30.1%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is APPF's earnings yield?
APPF earnings yield is 2.27%, the inverse of its 44.0x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.