Elastic (ESTC) Price to Book (2018 - 2026)
Elastic's Price to Book came in at 5.33 for fiscal Q1 2027 (quarter ended Jul 31, 2026), down 41.8% from 9.16 a year earlier but up 40.0% from the prior quarter.
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Analysis
Elastic (ESTC) Price to Book (2018 - 2026) Analysis & Trends
For FY2026 (ended Apr 30, 2026), Elastic's Price to Book was 3.81, down 61.2% from FY2025.
- Going back by fiscal year, Price to Book was 9.81 in FY2025 (-30.3%), 14.08 in FY2024 (+0.8%), 13.98 in FY2023 (-19.6%) and 17.39 in FY2022 (-28.2%).
- The five-year range for quarterly Price to Book is 3.81 (fiscal Q4 2026) to 35.73 (fiscal Q2 2022).
- Year-over-year, Price to Book has declined for three consecutive quarters, with an average decline of 32.6% over the last eight quarters.
- The fastest year-over-year change in Price to Book over five years came in fiscal Q2 2022 (growth of 78.8%), and the weakest in fiscal Q4 2026 (a decline of 61.2%).
- Business Quant data shows ESTC's Price to Book at 3.81 (Q4 2026), 8.68 (Q3 2026) and 10.55 (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn |
| 10 | Elastic | 9.64 Bn | 4.16 Bn | 356.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 5.33 |
| Apr 30, 2026 | 3.81 |
| Jan 31, 2026 | 8.68 |
| Oct 31, 2025 | 10.55 |
| Jul 31, 2025 | 9.16 |
| Apr 30, 2025 | 9.81 |
| Jan 31, 2025 | 13.68 |
| Oct 31, 2024 | 10.25 |
| Jul 31, 2024 | 14.84 |
| Apr 30, 2024 | 14.08 |
| Jan 31, 2024 | 16.67 |
| Oct 31, 2023 | 16.43 |
| Jul 31, 2023 | 15.88 |
| Apr 30, 2023 | 13.98 |
| Jan 31, 2023 | 14.75 |
| Oct 31, 2022 | 15.61 |
| Jul 31, 2022 | 19.28 |
| Apr 30, 2022 | 17.39 |
| Jan 31, 2022 | 20.15 |
| Oct 31, 2021 | 35.73 |
API Access
Elastic Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=ESTC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "ESTC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=ESTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();