Elastic Stock

Elastic Forward P/E

The Forward P/E Ratio of Elastic (ESTC) as of Aug 18, 2026 is 17.64. In the previous year, Forward P/E Ratio was -60.01 — a change of -129.40% (higher).

Forward P/E

17.64

YoY

-129.40%

Last updated:

Forward P/E Ratio of Elastic is 2026 17.64 . Forward P/E Ratio of Elastic was 2025 -60.01 . It decreases by -129.40% higher compared to the previous year.
Access this data via the Eulerpool API

Elastic Stock analysis

What does Elastic do? Elastic NV is a multinational technology company specializing in data collection, analysis, and management. It was founded in 2012 by Shay Banon in Amsterdam and is headquartered in Mountain View, California. The company's history began with the release of the open-source software Elasticsearch in 2010. Elasticsearch quickly became one of the most widely-used tools in data analysis and integration. In 2012, Elastic was formed to further develop Elasticsearch and other products and services, including Kibana, Logstash, and Beats, collectively known as the ELK stack. Elastic also provides industry-specific solutions such as Elastic Security, Elastic Enterprise Search, and Elastic Cloud. Its business model includes licensing, support and training offerings, and cloud hosting services. Elastic has established partnerships with major companies like Microsoft, AWS, and IBM and has gained recognition in the IT industry. It has a diverse customer base and is listed on the New York Stock Exchange. Overall, Elastic offers a comprehensive range of big data tools and services for businesses of all sizes and industries, playing a significant role in modern data analysis and processing. Elastic is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Elastic stock

Forward P/E Ratio of Elastic is 17.64 in 2026.

Forward P/E Ratio of Elastic changed from -60.01 to 17.64, representing a -129.40% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Forward P/E Ratio Elastic since 2006 – with annual values, charts, and detailed analysis.

The Forward P/E uses estimated future earnings to value a stock. A lower forward P/E relative to the trailing P/E suggests analysts expect earnings growth.

To evaluate Forward P/E Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Forward P/E Ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Forward P/E Ratio's Elastic with sector peers and the industry average to assess whether it is attractive.

Access this data via the Eulerpool API

Valuation — Elastic

All Key Metrics — Elastic