PING
Ping Identity Holding Corp
Price:  
28.5 
USD
Volume:  
3,473,330
United States | Software

PING EV/EBITDA

-126.7 %
Upside

As of 2025-07-04, the EV/EBITDA ratio of Ping Identity Holding Corp (PING) is -43.27. EV/EBITDA ratio is calculated by dividing the enterprise value by the TTM EBITDA. PING's latest enterprise value is 2,541 mil USD. PING's TTM EBITDA according to its financial statements is -59 mil USD. Dividing these 2 quantities gives us the above PING EV/EBITDA ratio.

Note: valuation result may not be accurate due to the company's negative EBITDA.

Range Selected
Trailing EV/EBITDA multiples8.8x - 10.1x9.7x
Forward EV/EBITDA multiples 9.3x - 10.8x10.3x
Fair Price(7.28) - (7.79)(7.62)
Upside-125.5% - -127.3%-126.7%
28.50 USD
Stock Price
(7.62) USD
Fair Price
TRADING MULTIPLES

PING EV/EBITDA - Benchmarking against peers

(USD in millions except Fair Price)
TrailingForward
Market Cap (USD mil)EV/EBITDAEV/EBITDA
Ping Identity Holding Corp2,459N/AN/A
Absolute Software Corp 590 12.6x 12.6x
GA Express Inc 0 10.6x 4.1x
China Intelligence Information Systems Inc 0 1.1x 0.4x
OneSpan Inc 669 9.3x 10.3x
Progress Software Corp 2,343 9.7x 24.4x
Quorum Information Technologies Inc 41 7.9x 8.4x
Qualys Inc 5,452 24.6x 22.9x
Teradata Corp 2,219 8x 11.5x
Xperi Holding Corp 372 12.3x 9.9x
Industry median9.7x10.3x
(*) EBITDA-59-59
Enterprise value(570)(605)
(-) Net debt8282
Equity value-651-687
(/) Outstanding shares8686
Fair price-8-8

PING EV/EBITDA - Historical EV/EBITDA Data