Remitly Global, Inc.

Remitly Global, Inc.verified




Market Cap:


Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 150 countries. The company was incorporated in 2011 and is headquartered in Seattle, Washington.[Read more]


Software - Infrastructure

IPO Date


Stock Exchange




The PE Ratio as of June 2024 (TTM) for Remitly Global, Inc. (RELY) is -19.62

According to Remitly Global, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -19.62. This represents a change of -47.32% compared to the average of -37.24 of the last 4 quarters.

Remitly Global, Inc. (RELY) Historical PE Ratio (quarterly & annually)

How has RELY PE Ratio performed in the past?

The mean historical PE Ratio of Remitly Global, Inc. over the last ten years is -45.16. The current -19.62 PE Ratio has changed 4.24% with respect to the historical average. Over the past ten years (40 quarters), RELY's PE Ratio was at its highest in in the June 2012 quarter at 8.11K. The PE Ratio was at its lowest in in the June 2021 quarter at -1350.29.

Quarterly (TTM)









Remitly Global, Inc. (RELY) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Remitly Global, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.22%

Maximum Annual PE Ratio = 206.22

Minimum Annual Increase = -451.61%

Minimum Annual PE Ratio = -241.99

Quarterly (TTM)
YearPE RatioChange

Remitly Global, Inc. (RELY) Average PE Ratio

How has RELY PE Ratio performed in the past?

The current PE Ratio of Remitly Global, Inc. (RELY) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg


5-year avg


10-year avg


Remitly Global, Inc. (RELY) PE Ratio vs. Peers

How is RELY’s PE Ratio compared to its peers?

Remitly Global, Inc.’s PE Ratio is less than ACI Worldwide, Inc. (26.34), less than EngageSmart, Inc. (157.76), greater than EverCommerce Inc. (-44.74), less than Global Blue Group Holding AG (60.35), less than CSG Systems International, Inc. (17.56), less than SecureWorks Corp. (-5.77), less than EVERTEC, Inc. (32.76), less than Verint Systems Inc. (43.12), less than i3 Verticals, Inc. (193.62), greater than CCC Intelligent Solutions Holdings Inc. (-70.88), less than SPS Commerce, Inc. (98.43), greater than Sterling Check Corp. (-153.83), less than Consensus Cloud Solutions, Inc. (3.55), less than Couchbase, Inc. (-10.59), greater than Flywire Corporation (-170.74),

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