What is AppLovin Corporation (APP)'s PEG ratio?

AppLovin Corporation (APP) has a PEG ratio of 0.32 (Potentially Undervalued), based on a PE ratio of 35.5 and expected EPS growth of 110.3% (1-Year EPS CAGR).

Is APP undervalued based on its PEG ratio?

A PEG below 1.0 is conventionally read as potentially undervalued, 1.0–2.0 as fairly valued, and above 2.0 as potentially overvalued relative to growth. At 0.32, AppLovin Corporation (APP) screens as "Potentially Undervalued". PEG is one signal, not investment advice — see the full DCF fair value at evidinvest.com/valuation/APP.

AppLovin Corporation (APP) PEG Ratio

Potentially Undervalued

PE ratio relative to earnings growth — is the valuation justified?

0.32

PEG Ratio

Growth rate exceeds 100% — PEG may be misleadingly low; treat with caution

0.32

Growth Rate Source

Limited Data Quality1-Year EPS CAGR

Current Price

$412.73

TTM EPS

$11.64

P/E Ratio

35.46

Growth Rate

110.3%

1-Year EPS CAGR

Sector

Technology

Software - Application

Calculated

7/28/2026

8:49:18 PM

Peer Comparison

Sample Size

5 peers

Industry Median PEG

1.26

25th Percentile

0.62

75th Percentile

1.47

APP PEG (0.32) vs Industry Median (1.26): 75% discount

Symbol	Company	PEG	P/E	Growth	vs APP
MNDY	monday.com Ltd.	0.13	36.4	272.6%	-59%
ZM	Zoom Communications, Inc.	0.62	13.4	21.7%	+92%
INTU	Intuit Inc.	1.26	18.4	14.6%	+293%
WDAY	Workday, Inc.	1.47	46.1	31.3%	+358%
SHOP	Shopify Inc.	4.35	124.4	28.6%	+1252%

How to Interpret PEG Ratio

PEG < 1.0 — Potentially Undervalued. The stock may be priced below its earnings growth rate, suggesting a potential buying opportunity.

PEG 1.0–2.0 — Fairly Valued. The stock price is roughly in line with its earnings growth. A PEG of 1.0 is often considered "fair value."

PEG > 2.0 — Potentially Overvalued. The stock may be priced above what its earnings growth justifies.

Limitations:PEG ratios are less reliable for financial firms (earnings driven by interest margins), companies with negative/zero earnings growth, and hypergrowth companies (>100% growth) where the ratio may appear misleadingly low. Always use PEG alongside other valuation metrics.

AppLovin Corporation (APP) PEG Ratio

Peer Comparison

How to Interpret PEG Ratio

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More on APP

Compare with peers

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AppLovin Corporation (APP) PEG Ratio

Peer Comparison

How to Interpret PEG Ratio