PYPL Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	47.87B EUR	37.22B EUR	40.35B EUR	53.71B EUR
Enterprise Value	50.03B EUR	42.32B EUR	42.78B EUR	55.65B EUR
Valuation Multiples
Trailing P/E	10.5x	7.59x	7.97x	13.61x
Forward P/E	9.6x	--	--	--
Price to Sales	1.4x	1.09x	1.2x	2.12x
Price to Book	2.42x	1.88x	2.01x	2.65x
EV/Revenue	1.47x	1.24x	1.27x	2.19x
EV/EBITDA	7.75x	5.5x	5.48x	9.44x
Price to FCF (P/FCF)	10.82x	5.65x	7.33x	11.68x
EV/FCF	11.31x	6.43x	7.77x	12.1x
FCF Yield	9.24%	17.69%	13.64%	8.56%