Start with its own history
At 16.22×, ORCL is 45.2% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · ORCLSoftware - InfrastructureUpdated Nov 4, 2026
Oracle Corporation P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
16.22×
45.2% belowthe 10-year annual average
Share price123.77
÷Earnings per share7.63
Price and EPS in quote currency. Calculation details
Investors are paying 16.22 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 29.63×
3-year average36.55×3 positive annual observations
5-year average34.43×5 positive annual observations
10-year average29.63×10 positive annual observations
Peer median · TTM28.95×5 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| May 31, 2026 | 41.78× | +12.6% |
| May 31, 2025 | 37.11× | +20.7% |
| May 31, 2024 | 30.76× | -8.5% |
| May 31, 2023 | 33.63× | +16.4% |
| May 31, 2022 | 28.88× | +69.5% |
| May 31, 2021 | 17.04× | +1.5% |
| May 31, 2020 | 16.79× | +1.2% |
| May 31, 2019 | 16.59× | -69.1% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| May 31, 2018 | 53.70× | +168.6% |
| May 31, 2017 | 20.00× | +5.0% |
| May 31, 2016 | 19.05× | -1.7% |
| May 31, 2015 | 19.38× | +11.6% |
| May 31, 2014 | 17.36× | +17.7% |
| May 31, 2013 | 14.75× | +10.9% |
| May 31, 2012 | 13.30× | -34.3% |
| May 31, 2011 | 20.25× | +11.3% |
| May 31, 2010 | 18.20× | +0.5% |
| May 31, 2009 | 18.11× | -14.4% |
| May 31, 2008 | 21.15× | -9.4% |
| May 31, 2007 | 23.35× | +6.7% |
| May 31, 2006 | 21.88× | -4.3% |
| May 31, 2005 | 22.86× | +4.8% |
| May 31, 2004 | 21.80× | -26.3% |
| May 31, 2003 | 29.57× | +49.3% |
| May 31, 2002 | 19.80× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How ORCL compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 ORCL This stockOracle Corporation | 16.22× |
 MSFTMicrosoft Corporation | 28.95× |
 SAPSAP SE | 30.23× |
 IBMInternational Business Machines Corporation | 21.37× |
 NOWServiceNow, Inc. | 77.72× |
 CRMSalesforce, Inc. | 20.65× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does ORCL’s P/E tell you?
Compare like with like
The median of the 5 positive peer ratios above is 28.95×. 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 ORCL 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("ORCL", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 123.77 ÷ EPS 7.63 = 16.22×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 4, 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.
ORCL P/E ratio: common questions
The essentials behind the numbers.
Oracle Corporation's current P/E is 16.22× based on the quote data last updated Nov 4, 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.