AppLovinLIM:APP 34 Forward PE Ratio is 29.77 as of Jun. 30, 2026. GuruFocus rates LIM:APP with a GF Score™ of 34/100 and a GF Value™ of $467.76 (Fairly Valued). The stock has 1 warning sign investors should review. Among 379 Media - Diversified companies, AppLovin ranks worse than 80.21% on this metric.
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
AppLovin Forward PE Ratio Related Terms
AppLovin Forward PE Ratio Historical Data
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The historical data trend for AppLovin's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
AppLovin Forward PE Ratio Chart
AppLovin Annual Data
Trend
2025-12
Forward PE Ratio
39.90
AppLovin Quarterly Data
2025-12
2026-03
Forward PE Ratio
39.90
28.05
LIM:APP vs OMC, TTD, LFTO: Forward PE Ratio Comparison
For the Advertising Agencies subindustry, AppLovin's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
AppLovin Forward PE Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, AppLovin's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where AppLovin's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
AppLovin (LIM:APP) has a Forward PE Ratio of 29.77 as of Jun. 30, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on AppLovin and its competitors. According to the industry distribution chart, AppLovin ranks #304 out of 379 companies in the Media - Diversified industry, placing it in the top 80.2%.
Is AppLovin's Forward PE Ratio too high?
AppLovin's current Forward PE Ratio is 29.77. The Media - Diversified industry median Forward PE Ratio is 14.07. AppLovin's value of 29.77 is 111.6% above this industry median. Based on the distribution chart, AppLovin ranks #304 out of 379 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, AppLovin has a GF Score™ of 34/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AppLovin's Forward PE Ratio compare to OMC and TTD?
According to the Media - Diversified industry distribution chart, AppLovin ranks #304 out of 379 companies for Forward PE Ratio. This places AppLovin in the lower half of its industry. The industry median Forward PE Ratio is 14.07. AppLovin's value of 29.77 is 111.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Media - Diversified company?
The median Forward PE Ratio among Media - Diversified companies is 14.07, based on 379 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AppLovin's current Forward PE Ratio of 29.77 is 111.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on AppLovin and its competitors. For the Media - Diversified industry, the median Forward PE Ratio is 14.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AppLovin's current Forward PE Ratio is 29.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AppLovin stock overvalued right now?
Based on GuruFocus' analysis, AppLovin (LIM:APP) is currently considered Fairly Valued. The stock's GF Value™ is $467.76, compared to a current price of $476.03 — trading 1.8% above its estimated fair value. The current Forward PE Ratio is 29.77 and 111.6% above the Media - Diversified industry median of 14.07. AppLovin's overall GF Score™ is 34/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For AppLovin (LIM:APP), the current Forward PE Ratio is 29.77 as of Jun. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is AppLovin (LIM:APP) Overvalued in 2026?
Based on GuruFocus' analysis, AppLovin stock appears to be overvalued.
The current stock price of $476.03 is trading 1.8% above its estimated GF Value™ of $467.76.
GuruFocus considers AppLovin to be Fairly Valued.
Key valuation signals for LIM:APP:
Forward PE Ratio: 29.77
GF Value™: $467.76 vs. price of $476.03 (1.8% above fair value)
Industry Position: 111.6% above the Media - Diversified median (#304 of 379)
No single metric tells the full story. See the LIM:APP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AppLovin is a vertically integrated advertising technology company that acts as a demand-side platform for advertisers, a supply-side platform for publishers, and an exchange facilitating transactions between the two. About 80% of AppLovin's revenue comes from the DSP, AppDiscovery, while the remainder comes from the SSP, Max. AppLovin's primary tool for future growth is AXON 2, which is an ad optimizer operating within the DSP that allows advertisers to place ads according to specified return thresholds.
34GF Score
Get the complete analysis for LIM:APP
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