RingCentral Inc (RNG) vs peers

$83.39

Latest weekly close · Market cap $7.3B

RNG's P/E is 11.0x, compared with 32.7x at the middle of 7 peers.

Peer group: Application Software. Updated .

RNG and Application Software, ranked by P/E
StockP/EOwn 5-year percentile
RNGRingCentral Inc11.0×1
SNPSSynopsys75.2×87
CDNSCadence Design Systems62.9×19
WDAYWorkday, Inc.42.5×25
ADSKAutodesk32.7×6
INTUIntuit20.7×7
APPAppLovin20.0×0
ZMZoom Communications Inc8.9×2
TEAMAtlassian Corpn/mn/m, not ranked
Peer median32.7×
How to read this comparison

Up to eight covered companies in the same industry, largest market value first.

P/E divides the share price by earnings per share over the last twelve months. The peer median leaves out RNG and stocks without a reading.

Each percentile compares a stock with its own weekly readings over the last five years, so 20 means its P/E is above 20% of its own past readings. It needs at least 26 weeks of history. It is not a rank against the other stocks in this table.

Different growth rates, margins and financial risks can explain different multiples. Stocks without positive earnings have no reading.

RNG versus the peer median

-66%

RNG
11.0×
Peer median
32.7×
Own 5-year median
73.7×

Source: SEC company filings and weekly market prices. Multiples use the last twelve months of financial results. Updated .

How the valuation data is built