BackRemitly Global Overview
Remitly Global Inc

Remitly Global P/E Ratio

Latest P/E ratio for Remitly Global: 12.9 — see history and peer comparisons.

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P/E Ratio

12.90

P/E Ratio

12.90

The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.

P/E Ratio (Comparison Companies)

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P/E Ratio History

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P/E Ratio Comparison

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Remitly Global (RELY) FAQ

Remitly Global (RELY) currently reports a P/E ratio of 12.9. That is below the Technology sector average of 24.03. Use the charts on this page to explore Remitly Global's P/E ratio history and peer comparisons.

Remitly Global's P/E ratio of 12.9 is lower than the Technology sector average of 24.03. That is roughly 46.3% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

The P/E ratio is a valuation multiple that relates Remitly Global's market price to a fundamental measure such as earnings, sales, or book value. At 12.9, RELY can look expensive or cheap only in context — versus its own history, growth rate, and Technology peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.

Start with the current P/E ratio of 12.9, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is 24.03. From there, open related valuation or income-statement pages for Remitly Global, and consider following RELY for alerts when major investors trade the stock.

Remitly Global is classified in the Technology sector. On P/E ratio, it currently shows 12.9 versus a sector average near 24.03. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Technology are usually more informative than comparing RELY with unrelated industries.