Question 1

What is eBay's P/E ratio?

Accepted Answer

eBay (EBAY) P/E ratio is 24.5× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for eBay?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For eBay specifically, the relevant sector benchmark is the current sector median of 21.9×.

Question 5

Is eBay's P/E ratio high or low?

Accepted Answer

eBay's P/E ratio of 24.5× is below its own 5-year average of 52.5× and above the sector median of 21.9×. That places the current reading at the 83th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is eBay's historical P/E ratio range?

Accepted Answer

In the available daily series, eBay (EBAY) P/E ratio has ranged from a low of 2.1× in 2022 to a high of 1011.1× in 2023. The 5-year average is 52.5× and the 5-year median is 15.6×.

Question 7

What was eBay's P/E ratio in 2025?

Accepted Answer

eBay (EBAY) P/E ratio at the end of 2025 was 19.3×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does eBay's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$39.28B	$2.03B	19.3×	+3.8×	Dec 31, 2025
2024	$30.73B	$1.98B	15.6×	+7.4×	Dec 31, 2024
2023	$22.60B	$2.77B	8.2×	—	Dec 31, 2023
2022	$22.44B	−$1.27B	—	—	Dec 31, 2022
2021	$40.26B	$13.61B	3.0×	-3.1×	Dec 31, 2021
2020	$34.57B	$5.67B	6.1×	-10.2×	Dec 31, 2020
2019	$29.14B	$1.79B	16.3×	+5.8×	Dec 31, 2019
2018	$26.53B	$2.53B	10.5×	—	Dec 31, 2018
2017	$39.06B	−$1.02B	—	—	Dec 31, 2017
2016	$32.84B	$7.27B	4.5×	-14.5×	Dec 31, 2016
2015	$32.73B	$1.73B	19.0×	-612.6×	Dec 31, 2015
2014	$29.05B	$46.00M	631.6×	+621.1×	Dec 31, 2014
2013	$29.90B	$2.86B	10.5×	-0.2×	Dec 31, 2013
2012	$27.77B	$2.61B	10.6×	+5.5×	Dec 31, 2012
2011	$16.45B	$3.23B	5.1×	-3.3×	Dec 31, 2011
2010	$15.19B	$1.80B	8.4×	+3.1×	Dec 31, 2010
2009	$12.82B	$2.39B	5.4×	+1.1×	Dec 31, 2009
2008	$7.52B	$1.78B	4.2×	-49.3×	Dec 31, 2008
2007	$18.63B	$348.25M	53.5×	+38.1×	Dec 31, 2007
2006	$17.31B	$1.13B	15.4×	-8.1×	Dec 31, 2006
2005	$25.36B	$1.08B	23.4×	-18.8×	Dec 31, 2005
2004	$32.89B	$778.22M	42.3×	+2.4×	Dec 31, 2004
2003	$17.59B	$441.77M	39.8×	+4.2×	Dec 31, 2003
2002	$8.89B	$249.89M	35.6×	-49.9×	Dec 31, 2002
2001	$7.73B	$90.45M	85.5×	—	Dec 31, 2001


Las Vegas Sands (LVS)	19.6×
Avery Dennison (AVY)	19.3×
Williams-Sonoma (WSM)	19.1×
Expedia Group (EXPE)	18.9×
Etsy (ETSY)	16.9×
Ball (BALL)	16.8×
Royal Caribbean Cruises (RCL)	16.6×
Lennar (LEN)	15.6×
GameStop (GME)	15.6×
Norwegian Cruise Line (NCLH)	15.0×
NVR (NVR)	14.8×
Masco (MAS)	14.6×
LKQ (LKQ)	14.5×
Mohawk Industries (MHK)	14.3×
Carnival Corporation (CCL)	14.0×
Deckers Outdoor (DECK)	13.8×
Weyco Group (WEYS)	12.8×
D.R. Horton (DHI)	12.5×
Best Buy Co. (BBY)	11.1×
PulteGroup (PHM)	11.0×
PDD Holdings (PDD)	10.7×
Toll Brothers (TOL)	10.5×
Lululemon Athletica (LULU)	10.2×
Leggett & Platt (LEG)	6.1×
Sonoco Products (SON)	5.1×

P/E Ratio for eBay (EBAY)

P/E Ratio daily chart for eBay (EBAY)

Historical P/E Ratio for eBay (EBAY) from 2001 to 2025

About P/E Ratio at eBay (EBAY)

eBay P/E Ratio by Year

eBay P/E Ratio 2025: 19.3×

eBay P/E Ratio 2024: 15.6×

eBay P/E Ratio 2023: 8.2×

eBay P/E Ratio 2021: 3.0×

eBay P/E Ratio 2020: 6.1×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

eBay (EBAY) Key Financials

P/E Ratio daily chart for eBay (EBAY)

Historical P/E Ratio for eBay (EBAY) from 2001 to 2025

About P/E Ratio at eBay (EBAY)

eBay P/E Ratio by Year

eBay P/E Ratio 2025: 19.3×

eBay P/E Ratio 2024: 15.6×

eBay P/E Ratio 2023: 8.2×

eBay P/E Ratio 2021: 3.0×

eBay P/E Ratio 2020: 6.1×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is eBay's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for eBay?

+Is eBay's P/E ratio high or low?

+What is eBay's historical P/E ratio range?

+What was eBay's P/E ratio in 2025?

+Why does eBay's P/E ratio change over time?

eBay (EBAY) Key Financials