AppLovin Corporation engages in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps in the United States and internationally. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; Adjust, an analytics platform that helps marketers grow their mobile apps with solutions for measuring, optimizing campaigns, and protecting user data; and MAX, an in-app bidding software that optimizes the value of an app's advertising inventory by running a real-time competitive auction. Its business clients include various advertisers, publishers, internet platforms, and others. The company was incorporated in 2011 and is headquartered in Palo Alto, California.
P/E ratio for AppLovin Corporation (APP)
P/E ratio as of 2023: 39.32
According to AppLovin Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 39.32. At the end of 2022 the company had a P/E ratio of -18.00.
P/E ratio history for AppLovin Corporation from 2018 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 39.32 |
| 2022 | -18.00 |
| 2021 | 997.46 |
| 2020 | -185.32 |
| 2019 | 196.06 |
| 2018 | -47.53 |