Start with its own history
At 11.95×, BIDU is 78.6% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · BIDUInternet Content & InformationUpdated Nov 5, 2026
Baidu, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
11.95×
78.6% belowthe 10-year annual average
Share price80.43
÷Earnings per share6.73
Price and EPS in quote currency. Calculation details
Investors are paying 11.95 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 55.90×
3-year average27.00×3 positive annual observations
5-year average30.69×5 positive annual observations
10-year average55.90×10 positive annual observations
Peer median · TTM6.83×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 21 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 59.35× | +532.0% |
| Dec 31, 2024 | 9.39× | -23.4% |
| Dec 31, 2023 | 12.26× | -68.9% |
| Dec 31, 2022 | 39.45× | +19.6% |
| Dec 31, 2021 | 32.99× | +28.0% |
| Dec 31, 2020 | 25.76× | -91.0% |
| Dec 31, 2019 | 284.95× | +1399.8% |
| Dec 31, 2018 | 19.00× | -31.2% |
View all 21 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 27.60× | -42.9% |
| Dec 31, 2016 | 48.30× | +240.3% |
| Dec 31, 2015 | 14.19× | -58.5% |
| Dec 31, 2014 | 34.18× | -17.6% |
| Dec 31, 2013 | 41.48× | -5.8% |
| Dec 31, 2012 | 44.02× | -38.4% |
| Dec 31, 2011 | 71.41× | -51.5% |
| Dec 31, 2010 | 147.29× | -59.5% |
| Dec 31, 2009 | 363.54× | -29.5% |
| Dec 31, 2008 | 515.66× | -47.5% |
| Dec 31, 2007 | 982.90× | -57.2% |
| Dec 31, 2006 | 2294.35× | -82.5% |
| Dec 31, 2005 | 13088.88× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How BIDU compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 BIDU This stockBaidu, Inc. | 11.95× |
 IQiQIYI, Inc. | N/M |
 SOHUSohu.com Limited | 1.58× |
 JOYYJOYY, Inc. Sponsored ADR Class A | 19.00× |
 WBWeibo Corporation | 4.85× |
 NTESNetEase, Inc. | 16.59× |
 FENGPhoenix New Media Limited | 0.55× |
 KSHTYKuaishou Technology | 6.83× |
 TMETencent Music Entertainment Group | 11.37× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does BIDU’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 6.83×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take BIDU into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("BIDU", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 80.43 ÷ EPS 6.73 = 11.95×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
BIDU P/E ratio: common questions
The essentials behind the numbers.
Baidu, Inc.'s current P/E is 11.95× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.