Start with its own history
At 13.88×, PZZA is 90.5% 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 · PZZARestaurantsUpdated Nov 5, 2026
Papa John's International, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
13.88×
90.5% belowthe 10-year annual average
Share price19.99
÷Earnings per share1.44
Price and EPS in quote currency. Calculation details
Investors are paying 13.88 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 146.73×
3-year average30.01×3 positive annual observations
5-year average34.45×5 positive annual observations
10-year average146.73×10 positive annual observations
Peer median · TTM18.43×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 28, 2025 | 43.69× | +177.9% |
| Dec 29, 2024 | 15.72× | -48.6% |
| Dec 31, 2023 | 30.61× | -29.3% |
| Dec 31, 2022 | 43.32× | +11.3% |
| Dec 31, 2021 | 38.91× | -17.9% |
| Dec 31, 2020 | 47.40× | -88.7% |
| Dec 31, 2019 | 421.00× | -45.7% |
| Dec 31, 2018 | 776.02× | +3855.5% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 19.62× | -36.7% |
| Dec 31, 2016 | 31.01× | +6.0% |
| Dec 31, 2015 | 29.25× | -6.7% |
| Dec 31, 2014 | 31.35× | +9.1% |
| Dec 31, 2013 | 28.73× | +37.1% |
| Dec 31, 2012 | 20.96× | +21.3% |
| Dec 31, 2011 | 17.28× | +24.8% |
| Dec 31, 2010 | 13.85× | +15.0% |
| Dec 31, 2009 | 12.04× | -13.7% |
| Dec 31, 2008 | 13.95× | -32.4% |
| Dec 31, 2007 | 20.64× | +39.5% |
| Dec 31, 2006 | 14.80× | -31.2% |
| Dec 31, 2005 | 21.49× | -15.1% |
| Dec 31, 2004 | 25.32× | +42.5% |
| Dec 31, 2003 | 17.77× | +50.4% |
| Dec 31, 2002 | 11.81× | -8.9% |
| Dec 31, 2001 | 12.96× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How PZZA compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 PZZA This stockPapa John's International, Inc. | 13.88× |
 DPZDomino's Pizza, Inc. | 18.72× |
 RAVERAVE Restaurant Group, Inc. | 10.81× |
 QSRRestaurant Brands International Inc. | 18.14× |
 MCDMcDonald's Corporation | 22.69× |
 YUMYum! Brands, Inc. | 13.26× |
 NATHNathan's Famous, Inc. | 20.95× |
 LOCOEl Pollo Loco Holdings, Inc. | 13.96× |
 SHAKShake Shack Inc. | 73.95× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does PZZA’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 18.43×. 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 PZZA 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("PZZA", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 19.99 ÷ EPS 1.44 = 13.88×. 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.
PZZA P/E ratio: common questions
The essentials behind the numbers.
Papa John's International, Inc.'s current P/E is 13.88× 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.