Free P/E Ratio Calculator: Evaluate Stock Value Instantly

Enter any stock’s price per share and earnings per share, hit “Calculate,” and the tool returns the P/E ratio—e.g., $63.40 ÷ $3.30 = 19.21. The average trailing P/E of the S&P 500 stood at 22.3 in 2023 (FactSet, 2023).