SPS Commerce, Inc.
SPS Commerce, Inc. (SPSC) PE Ratio — Current & Historical Data
Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.
spsc · pe ratio · data through Dec 31, 2025
Core PE Ratio Metrics
Trailing 12 months · TTMThe price-to-earnings (P/E) ratio for SPS Commerce, Inc. (SPSC) measures how much investors pay for each dollar of the company's trailing earnings. SPSC's current PE ratio of 22.71x is calculated by dividing its stock price of $55.21 by its TTM earnings per share of $2.43. −73.7% discount vs 5Y avg 86.4x
Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31
PE Ratio History
2007 – 2025 · Annual▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)
Historical PE Range
Past 16 fiscal years · Front-end computedMinQ1 · 25%86.6x
MedianQ3 · 75%944.5x
Max
At 22.71x, SPSC's current P/E is lower than in 13% of its annual fiscal year readings over the past 16 years — historically low.
Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.
PE Ratio vs Peers
Software - Infrastructure · 6 peers · Annual PE| Company | Market Cap | PE (Annual) | vs Avg | EPS (TTM) |
|---|---|---|---|---|
SPS Commerce, Inc.You SPSC | $2.0B | 22.71x | -27.7% | $2.43 |
 AvePoint, Inc. AVPT | $2.3B | 82.10x | +161.4% | $0.17 |
 BlackBerry Limited BB | $5.4B | 37.13x | +18.2% | $0.09 |
 Blackbaud, Inc. BLKB | $1.3B | 26.26x | -16.4% | $2.41 |
 DigitalOcean Holdings, Inc. DOCN | $17.7B | 16.98x | -45.9% | $2.83 |
 Euronet Worldwide, Inc. EEFT | $2.5B | 9.67x | -69.2% | $7.87 |
 Insight Enterprises, Inc. NSIT | $3.3B | 16.31x | -48.1% | $5.00 |
Industry Average 6 peers with valid PE | — | 31.41x | baseline | — |
* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio
Annual PE Ratio History
| Fiscal Year End | PE Ratio | EPS (TTM) | YoY Change | PE vs Max |
|---|---|---|---|---|
2025-12-31Latest FY2025 | 36.17x | $2.46 | -59.4% | |
2024-12-31 FY2024 | 89.08x | $2.07 | -17.5% | |
2023-12-31 FY2023 | 107.92x | $1.80 | +28.3% | |
2022-12-31 FY2022 | 84.13x | $1.53 | -26.6% | |
2021-12-31 FY2021 | 114.68x | $1.24 | +36.7% | |
2020-12-31 FY2020 | 83.91x | $1.29 | +45.7% | |
2019-12-31 FY2019 | 57.58x | $0.96 | -3.0% | |
2018-12-31 FY2018 | 59.34x | $0.69 | — | |
2017-12-31 FY2017 | — | $-0.07 | — | |
2016-12-31 FY2016 | 207.46x | $0.17 | -17.2% |
▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API
About PE Ratio & Methodology
The price-to-earnings (P/E) ratio for SPS Commerce, Inc. (SPSC) measures how much investors pay for each dollar of the company's trailing earnings. SPSC's current PE ratio of 22.71x is calculated by dividing its stock price of $55.21 by its TTM earnings per share of $2.43.
Frequently asked questions
SPSC pe ratio · 6 questionsSPSC's current PE ratio is 22.71x as of 2026-06-08, based on a stock price of $55.21 and TTM EPS of $2.43. Data sourced from Financial Modeling Prep via SPSC's SEC 10-K and 10-Q filings.
▸ Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · SPS Commerce, Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08