BlackLine, Inc. (BL) P/E Ratio History
Fairly ValuedTrading at 74.4x, near 5Y avg of 82.8x · 58th percentile · In line with own history · Data 2023–2026
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P/E Ratio Analysis
As of July 8, 2026, BlackLine, Inc. (BL) trades at a price-to-earnings ratio of 74.4x, with a stock price of $29.02 and trailing twelve-month earnings per share of $0.38.
The current P/E is 10% below its 5-year average of 82.8x. Over the past five years, BL's P/E has ranged from a low of 21.9x to a high of 336.4x, placing the current valuation at the 58th percentile of its historical range.
Compared to the Technology sector median P/E of 29.6x, BL trades at a 152% premium to its sector peers. The sector includes 359 companies with P/E ratios ranging from 0.0x to 197.0x.
Relative to the broader market, BL commands a significant premium over the S&P 500 median P/E of 25.9x. 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 BL 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.
BL Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
BL P/E vs Peers
Financial services and insurance software peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $6B | 46.2 | - | -30% | |
| $3B | 16.5Lowest | - | +297%Best | |
| $6B | 29.6 | 1.05Best | +11% | |
| $38B | 55.7 | - | +32% | |
| $77B | 20.6 | 1.41 | +31% | |
| $13B | 1799.4 | - | -95% | |
| $407B | 24.3 | 4.78 | +34% | |
| $190B | 23.8 | 3.60 | +126% | |
| $139B | 21.7 | 1.78 | +23% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
BL Historical P/E Data (2023–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $37.00 | $0.42 | 87.4x | +6% |
| FY2025 Q4 | Dec 31 2025 | $55.29 | $0.39 | 142.9x | +73% |
| FY2025 Q3 | - | $53.10 | $1.10 | 48.3x | -42% |
| FY2025 Q2 | Jun 30 2025 | $56.62 | $1.28 | 44.1x | -47% |
| FY2025 Q1 | Mar 31 2025 | $48.42 | $2.21 | 21.9x | -74% |
| FY2024 Q4 | - | $60.76 | $2.27 | 26.8x | -68% |
| FY2024 Q3 | Sep 30 2024 | $55.14 | $1.78 | 31.0x | -63% |
| FY2024 Q2 | Jun 30 2024 | $48.45 | $1.68 | 28.8x | -65% |
| FY2024 Q1 | Mar 31 2024 | $64.58 | $1.05 | 61.5x | -26% |
| FY2023 Q4 | Dec 31 2023 | $62.44 | $0.79 | 79.0x | -5% |
| FY2023 Q3 | Sep 30 2023 | $55.47 | $0.65 | 85.3x | +3% |
| FY2023 Q2 | Jun 30 2023 | $53.82 | $0.16 | 336.4x | +306% |
Average P/E for displayed period: 82.8x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
3+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
BL — Frequently Asked Questions
Quick answers to the most common questions about buying BL stock.
What is BL's P/E ratio?
BlackLine, Inc. (BL) trailing twelve-month P/E ratio is 74.4x, based on TTM diluted EPS of $0.38. The 5-year average P/E is 82.8x and the historical range spans 21.9x to 336.4x.
Is BL stock overvalued or undervalued?
BL trades at 74.4x P/E, near its 5-year average of 82.8x. The 58th percentile ranking within the 21.9x–336.4x historical range places valuation within normal bounds.
Is BL stock expensive?
BL is fairly valued relative to its own history. The current P/E of 74.4x is near the 5-year average of 82.8x (58th percentile of historical range).
What is BL's historical P/E range?
Over the past 5 years, BL's P/E ratio has ranged from 21.9x to 336.4x, with a median of 61.5x and an average of 82.8x. The current P/E of 74.4x places the stock at the 58th percentile of this range. Full historical data spans 2023–2026.
How does BL's P/E compare to the S&P 500?
BL trades at 74.4x P/E versus the S&P 500 median of 25.9x. The 187% premium to the market typically reflects higher expected earnings growth or quality.
How does BL's valuation compare to Technology peers?
BlackLine, Inc. P/E of 74.4x compares to the Technology sector median of 29.6x. 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 BL's PEG ratio?
BL PEG ratio is N/A, based on a P/E of 74.4x and EPS growth of -73.1%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is BL's earnings yield?
BL earnings yield is 1.34%, the inverse of its 74.4x 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.