Start with its own history
At 28.48×, ELF is 69.4% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.

Current valuation, historical context, and peer comparisons.
Current P/E ratio
28.48×
69.4% belowthe 10-year annual average
Price and EPS in quote currency. Calculation details
Investors are paying 28.48 for every 1 of reported earnings per share.
Annual period-end data · 10 observations
| Period end | P/E | Change |
|---|---|---|
| Mar 31, 2026 | 134.69× | +326.9% |
| Mar 31, 2025 | 31.55× | -61.7% |
| Mar 31, 2024 | 82.39× | +17.1% |
| Mar 31, 2023 | 70.38× | +17.2% |
| Mar 31, 2022 | 60.07× | -70.9% |
| Mar 31, 2021 | 206.38× | +676.0% |
| Mar 31, 2020 | 26.59× | +1.3% |
| Dec 31, 2018 | 26.24× | -13.0% |
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 30.15× | -88.5% |
| Dec 31, 2016 | 263.09× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
ELF This stocke.l.f. Beauty, Inc. | 28.48× |
TALTAL Education Group | 2.46× |
INGRIngredion Incorporated | 10.48× |
OLLIOllie's Bargain Outlet Holdings, Inc. | 20.91× |
POSTPost Holdings, Inc. | 14.21× |
SFMSprouts Farmers Market, Inc. | 10.36× |
CAGConagra Brands, Inc. | N/M |
DARDarling Ingredients Inc. | 9.78× |
COTYCoty Inc. | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
At 28.48×, ELF is 69.4% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
The median of the 6 positive peer ratios above is 10.42×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
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
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore Wisesheets=WISE("ELF", "PE Ratio", "LQ")Share price 113.63 ÷ EPS 3.99 = 28.48×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
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.
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.
The essentials behind the numbers.
e.l.f. Beauty, Inc.'s current P/E is 28.48× 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.