FinToolSuite

Price to Earnings Calculator

Updated April 17, 2026 · Investing · Educational use only ·

P/E ratio: stock price relative to earnings.

Calculate price-to-earnings ratio from share price and earnings per share, the core stock valuation metric. Free and runs in your browser.

What this tool does

Enter share price and earnings per share. The tool shows P/E ratio and earnings yield.


Enter Values

Formula Used
Share price
Earnings per share

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Calculations, display, or translation — let us know.

Disclaimer

Results are estimates for educational purposes only. They do not constitute financial advice. Consult a qualified professional before making financial decisions.

P/E ratio is the first number most investors check. A 50 share with 2.50 EPS = 20 P/E — you pay 20 for every 1 of current earnings. Below 15 is usually considered value territory; above 25 often reflects growth expectations. Earnings yield is the inverse — 20 P/E = 5% earnings yield — useful for comparing against bond yields.

Quick example

With share price of 50 and earnings per share of 2.5, the result is 20.00x. Change any figure and watch the output shift — it's often more useful to see the pattern than to memorise the formula.

Which inputs matter most

You enter Share Price and Earnings per Share (EPS). Frequency and unit price pull the total in different directions. The biggest surprise for most people is how small recurring amounts compound into large annual figures — that's where this calculation earns its keep.

What's happening under the hood

Price divided by EPS. Earnings yield = 1/PE × 100. The formula is listed in full below. If the number looks off, you can retrace the calculation by hand — that's the point of showing the working.

Using this well

Treat the output as one point on a wider map. Run it three times — a pessimistic case, a central case, and a stretch case — and plan against the pessimistic one. That habit alone separates people who stick with an investment plan from those who bail at the first wobble.

What this doesn't capture

Steady-rate math ignores real-world volatility. Actual returns are lumpy; sequence-of-returns risk matters most in drawdown; fees and taxes drag on compound growth; and behaviour changes in drawdowns can reduce outcomes below the projection. Treat the number as one scenario, not a forecast.

Example Scenario

P/E ratio produces a multiple based on the inputs provided.

Inputs

Share Price:50 £
Earnings per Share (EPS):2.5 £
Expected Result20.00x

This example uses typical values for illustration. Adjust the inputs above to match a specific situation and see how the result changes.

Sources & Methodology

Methodology

Price divided by EPS. Earnings yield = 1/PE × 100.

Frequently Asked Questions

Trailing vs forward P/E?
Trailing uses last 12 months' earnings. Forward uses estimates. Forward P/E is usually lower if analysts expect earnings growth.
What is a good P/E?
Depends on sector. Tech averages 20-30. Utilities 12-18. Banks 8-14. Compare within industry, not.
Negative P/E?
Means the company is loss-making. Many growth stocks have no P/E during expansion phase. Use other metrics like price-to-sales.
Shiller P/E?
10-year inflation-adjusted P/E for indexes. Smooths out cyclical earnings. Currently elevated vs historical average for indexes.

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