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Free financial calculator

P/E Ratio Calculator with Live Sector Benchmarks

Compute the P/E ratio in seconds and compare it with live sector medians from our database. Free, with formula, worked example and benchmarks.

Also available in German: KGV berechnen: KGV-Rechner mit Branchenvergleich →

Inputs

Share price

Also called: Stock price, market price

Where to find it: Any finance site (Google/Yahoo Finance) — the current trading price per share.

How to derive: Set by the market; just enter the current price per share.

Earnings per share (EPS)

Also called: EPS, net income per share

Where to find it: Bottom of the income statement, or the key-stats box on finance portals.

How to derive: Net income ÷ shares outstanding.

Result, live

P/E
Earnings yield

P/E only means something in industry & growth context - combine with PEG.

The price/earnings ratio (P/E) is the single most-quoted valuation number: it tells you how many years of current earnings you are paying for. This calculator divides the share price by earnings per share in seconds and shows instantly whether a stock looks cheap or expensive.

How the formula works

The P/E ratio divides the current share price by the earnings a company makes per share over a year. The calculator also flips the result into an earnings yield — how much profit each dollar of price buys you.

P/E = share price ÷ earnings per share (EPS)
Earnings yield = EPS ÷ share price × 100

Example: A stock trades at $100 and earns $6.50 per share. P/E = 100 ÷ 6.50 = 15.4, an earnings yield of about 6.5%. Roughly market-average — you pay about 15 years of current profit.

How to read the result

  • Below 15 — moderately valued; you pay a low price for current profit.
  • 15 to 25 — around the market average for a healthy company.
  • Above 25 — high expectations are priced in; growth has to deliver.
  • No P/E — the company is loss-making; use price-to-sales instead.

What to watch out for

  • Growth matters. A P/E of 30 can be cheap for a fast grower and dear for a stagnant one — pair it with the PEG.
  • Earnings can be distorted. One-off charges or gains bend the number; check whether profit is normal.
  • Industries differ. Compare a bank to banks, not to software.

P/E ratio by sector: what is normal?

A P/E only means something next to its own sector: software structurally trades richer than banks or real estate. For context, the median P/E ratios from our valued universe (12,000+ profitable companies worldwide, as of August 2026):

  • Real Estate 11.7 · Financials 12.3 · Communication Services 14.9
  • Materials 17.2 · Utilities 17.5 · Consumer Discretionary 17.7 · Consumer Staples 17.8 · Energy 17.8
  • Industrials 19.5 · Health Care 22.0 · Information Technology 23.6

Rule of thumb: a P/E clearly below the sector median means the stock screens cheap relative to peers, but deserves a second look at why (falling earnings? one-off?). Clearly above, the market pays a premium that growth still has to earn. The Fair Value Calculator shows every stock’s P/E right next to its peer group.

A P/E ratio only means something next to the company's own sector: banks and real estate trade at low P/E ratios, software and health care at high ones. The table shows median and range for every sector from our database, updated daily.

P/E ratio by sector: median and range
SectorLower quartileMedianUpper quartileStocks
Financials8.912.820.02,687
Real Estate7.812.925.01,253
Energy9.815.827.9632
Consumer Staples11.517.528.41,262
Utilities10.917.626.7538
Communication Services10.417.735.5646
Consumer Discretionary11.318.933.52,553
Materials11.819.436.02,193
Industrials12.621.538.83,836
Health Care14.624.243.51,324
Information Technology16.629.759.52,178

Source: the Fair Value Calculator database, 19,102 stocks with a valid value for P/E ratio, as of Sep 5, 2026. Median: half of the sector's stocks sit below it. Lower and upper quartile: 25 % sit below or above. Values move daily with prices. All valuation ratios by sector →

Frequently asked questions

What is a good P/E ratio?
There is no universal number. Below 15 is often called cheap and above 25 rich, but a fair P/E depends on growth, stability and the sector. Compare a stock to its own history and to direct peers.
What is the earnings yield?
It is the P/E turned upside down — earnings divided by price, shown as a percentage. A P/E of 20 equals a 5% earnings yield. That makes stocks easy to compare with bond interest.
Where do I get the earnings per share?
EPS comes from the latest income statement, divided by shares outstanding. In our Fair Value Calculator it is already on file for 35,000+ stocks — no typing required.
What value is normal in my sector?
See the table in the sector comparison section: median and range for every sector from our database, updated daily. A value near the median of the company's own sector is usual; well below or above it calls for a reason in the business model.