Is Elastic NV (ESTC) overvalued? · P/E 19, rev $1.48B
Elastic NV (ESTC) is a software - application company listed on US.
This page asks whether Elastic NV (ESTC) looks expensive on cached numbers — not a short thesis.
Latest reported ESTC revenue for 2025-04-30 was $1.48B. Net income was -$108.1M. Revenue was up 326.9% from 2024-07-31 to 2025-04-30. ESTC currently screens at market cap $6.78B and trailing P/E 18.9.
ESTC currently screens at market cap $6.78B and trailing P/E 18.9. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next ESTC 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the ESTC stock page for the full model, not this heading.
Not investment advice.