Meta Platforms, Inc.
META

$1.43 T
Marketcap
$565.52
Share price
Country
$4.43
Change (1 day)
$602.95
Year High
$313.66
Year Low

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California.

marketcap

P/E ratio for Meta Platforms, Inc. (META)

P/E ratio as of 2023: 23.30

According to Meta Platforms, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.30. At the end of 2022 the company had a P/E ratio of 13.94.

P/E ratio history for Meta Platforms, Inc. from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 23.30
2022 13.94
2021 24.05
2020 26.72
2019 31.69
2018 17.13
2017 32.74
2016 32.94
2015 80.96
2014 70.70
2013 91.70
2012 2662.00
2011 92.52
2010 152.67
2009 669.99
2008 -1459.62
2007 -592.31