People Incorporated (PPLI) Key Metrics
PPLI valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $2.89B
- Enterprise value
- $3.16B
- P/E (TTM)
- 7.2 10-yr median 25.9
- Forward P/E
- 70.4
- PEG ratio
- 12.91
- Price / sales
- 1.2 10-yr median 1.0
- Price / book
- 0.5 10-yr median 0.8
- EV / EBITDA
- 9.8 10-yr median 12.7
- Dividend yield
- —
- Beta
- 1.07
PPLI key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsPPLI valuation Price multiples at each fiscal year-end price.
PPLI returns How much profit the business earns on the capital it uses.
PPLI per-share figures Results divided by the shares outstanding at year-end.
PPLI financial health Debt, liquidity and how easily interest is covered.
PPLI efficiency & capital use Working capital cycle and where the cash goes.
PPLI valuation history
PPLI returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
PPLI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
PPLI cash returned to shareholders
PPLI price vs earnings per share
PPLI key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $3.13B | $2.94B | $3.72B | $3.15B | $10.16B | $9.40B | $3.79B | $2.78B | $1.93B | $935.6M |
| Enterprise value | $3.59B | $3.11B | $4.29B | $3.54B | $10.09B | $6.52B | $3.20B | $790.8M | $567.9M | $1.12B |
| P/E ratio | — | — | 14.0 | — | 17.0 | 34.8 | 165.5 | 11.3 | 52.2 | — |
| Price / sales | 1.3 | 0.8 | 0.9 | 0.6 | 2.7 | 3.4 | 1.5 | 1.1 | 0.6 | 0.5 |
| Price / book | 0.7 | 0.5 | 0.6 | 0.5 | 1.4 | 1.4 | 1.5 | 1.0 | 1.0 | 0.5 |
| Price / free cash flow | 74.4 | 10.2 | 77.1 | — | 217.3 | 100.1 | 24.2 | 8.8 | 5.7 | 9.9 |
| Price / operating cash flow | 51.1 | 8.3 | 19.6 | — | 74.2 | 60.8 | 15.1 | 7.5 | 4.6 | 7.7 |
| EV / sales | 1.5 | 0.8 | 1.0 | 0.7 | 2.7 | 2.4 | 1.3 | 0.3 | 0.2 | 0.6 |
| EV / EBITDA | 21.3 | — | 3.9 | — | 11.0 | 14.3 | 18.2 | 4.2 | 2.0 | 31.0 |
| EV / free cash flow | 85.4 | 10.8 | 89.1 | — | 215.9 | 69.5 | 20.4 | 2.5 | 1.7 | 11.8 |
| Earnings yield | −3.3% | −18.3% | 7.2% | −37.2% | 5.9% | 2.9% | 0.6% | 8.9% | 1.9% | −19.6% |
| Free cash flow yield | 1.3% | 9.8% | 1.3% | −7.1% | 0.5% | 1.0% | 4.1% | 11.3% | 17.7% | 10.1% |
| Shareholder yield (dividends + buybacks) | 10.1% | 1.0% | 4.8% | 3.0% | 0.3% | 0.7% | 0.9% | — | 2.9% | 26.1% |
| Share price at fiscal year-end | $39.10 | $35.39 | $42.97 | $36.42 | $107.23 | $103.35 | $44.52 | $32.71 | $21.85 | $11.58 |
| Per share | ||||||||||
| Revenue per share | $29.91 | $45.77 | $50.49 | $60.62 | $39.06 | $30.40 | $29.48 | $29.75 | $37.41 | $21.60 |
| Earnings per share | −$1.30 | −$6.49 | $3.08 | −$13.55 | $6.31 | $2.97 | $0.27 | $2.90 | $0.42 | −$2.26 |
| Operating cash flow per share | $0.77 | $4.26 | $2.19 | −$0.96 | $1.45 | $1.70 | $2.96 | $4.34 | $4.71 | $1.50 |
| Free cash flow per share | $0.53 | $3.47 | $0.56 | −$2.58 | $0.49 | $1.03 | $1.84 | $3.70 | $3.86 | $1.17 |
| Cash per share | $12.00 | $21.62 | $16.73 | $19.18 | $22.58 | $39.49 | $9.86 | $26.49 | $18.51 | $17.56 |
| Book value per share | $59.16 | $67.05 | $70.29 | $68.69 | $75.76 | $72.54 | $29.78 | $33.40 | $22.62 | $23.13 |
| Tangible book value per share | $30.95 | $23.79 | $25.20 | $20.05 | $26.75 | $49.95 | $6.67 | −$6.05 | $2.86 | −$5.08 |
| Capex per share | $0.24 | $0.79 | $1.63 | $1.62 | $0.95 | $0.67 | $1.12 | $0.64 | $0.85 | $0.33 |
| Debt per share | $17.82 | $23.64 | $23.40 | $23.74 | $21.92 | $7.83 | $2.89 | $3.07 | $3.08 | $19.83 |
| Shares outstanding | 80.0M | 83.2M | 86.5M | 86.4M | 94.7M | 90.9M | 85.1M | 85.1M | 88.4M | 80.8M |
| Change in shares outstanding | −3.8% | −3.8% | +0.1% | −8.8% | +4.1% | +6.8% | +0.0% | −3.7% | +9.4% | −2.1% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −2.0% | −9.3% | 4.4% | −17.9% | 8.7% | 5.9% | 0.9% | 10.2% | 1.9% | −10.0% |
| Return on invested capital (ROIC) | 1.6% | −0.1% | −2.8% | −5.6% | −2.0% | −19.0% | 0.4% | 4.6% | 14.0% | −12.8% |
| Return on assets (ROA) | −1.2% | −5.4% | 2.6% | −10.3% | 5.6% | 4.1% | 0.4% | 4.9% | 0.9% | −3.7% |
| Return on tangible assets | −2.1% | −9.1% | 4.1% | −18.9% | 7.8% | 3.8% | 1.1% | 7.0% | 2.6% | −7.7% |
| Free cash flow margin | 1.8% | 7.6% | 1.1% | −4.3% | 1.3% | 3.4% | 6.2% | 12.4% | 10.3% | 5.4% |
| Income quality (OCF / net income) | — | — | 0.71 | — | 0.23 | 0.57 | 11.00 | 1.50 | 11.26 | — |
| Financial health | ||||||||||
| Total debt | $1.43B | $1.97B | $2.02B | $2.05B | $2.08B | $712.3M | $245.7M | $261.2M | $272.1M | $1.60B |
| Cash & short-term investments | $960.2M | $1.80B | $1.45B | $1.66B | $2.14B | $3.59B | $839.8M | $2.26B | $1.64B | $1.42B |
| Net debt | $465.6M | $168.7M | $576.7M | $393.0M | −$62.3M | −$2.88B | −$594.1M | −$1.99B | −$1.36B | $184.0M |
| Debt / equity | 0.30 | 0.35 | 0.33 | 0.35 | 0.29 | 0.11 | 0.10 | 0.09 | 0.14 | 0.86 |
| Debt / assets | 0.20 | 0.21 | 0.20 | 0.20 | 0.17 | 0.08 | 0.06 | 0.04 | 0.09 | 0.34 |
| Net debt / EBITDA | 2.76 | — | 0.53 | — | −0.07 | −6.31 | −3.38 | −10.70 | −4.73 | 5.10 |
| Current ratio | 2.75 | 2.80 | 2.36 | 2.37 | 2.23 | 5.49 | 2.10 | 5.24 | 2.23 | 2.58 |
| Quick ratio | 2.75 | 2.80 | 2.36 | 2.37 | 2.20 | 5.49 | 2.10 | 4.94 | 2.23 | 2.58 |
| Interest coverage | 0.9 | -0.0 | -1.7 | -4.3 | -4.0 | -33.3 | 0.5 | 2.7 | 1.8 | -3.1 |
| Working capital | $983.9M | $1.60B | $1.29B | $1.48B | $1.69B | $3.37B | $643.9M | $2.24B | $581.9M | $1.13B |
| Invested capital | $5.20B | $5.75B | $6.65B | $6.32B | $7.11B | $3.72B | $1.94B | $849.0M | $636.0M | $2.05B |
| Tangible asset value | $2.53B | $2.71B | $2.89B | $2.40B | $3.13B | $5.33B | $1.08B | $259.2M | $546.2M | −$410.3M |
| Net current asset value | −$797.0M | −$757.7M | −$1.34B | −$1.23B | −$1.46B | $2.34B | $180.8M | −$494.4M | $176.8M | −$933.9M |
| Graham number | — | — | $69.75 | — | $103.70 | $69.57 | $13.42 | $46.67 | $14.60 | — |
| Graham net-net per share | −$13.06 | −$12.68 | −$20.05 | −$19.47 | −$19.63 | $22.05 | −$0.85 | −$9.25 | $10.16 | −$14.38 |
| Capital allocation | ||||||||||
| Share buybacks (net) | $315.0M | $28.6M | $176.6M | $93.5M | $35.4M | $63.7M | $35.3M | — | $56.4M | $243.7M |
| Dividends + buybacks / free cash flow | 748.7% | 9.9% | 366.6% | — | 75.7% | 67.8% | 22.5% | — | 16.5% | 257.7% |
| Capex / revenue | 0.8% | 1.7% | 3.2% | 2.7% | 2.4% | 2.2% | 3.8% | 2.2% | 2.3% | 1.5% |
| Capex / operating cash flow | 31.3% | 18.5% | 74.6% | — | 65.9% | 39.3% | 37.8% | 14.8% | 18.1% | 21.7% |
| Capex / depreciation | 0.15 | 0.24 | 0.25 | 0.32 | 0.60 | 0.31 | 0.73 | 0.37 | 0.65 | 0.28 |
| Stock-based compensation / revenue | 1.4% | 3.0% | 2.7% | 2.4% | 2.1% | 6.8% | 5.2% | 5.9% | 8.0% | 2.9% |
| R&D / revenue | 8.2% | 8.5% | 7.7% | 6.1% | 6.2% | 6.7% | 5.3% | 7.0% | 7.6% | 7.4% |
| SG&A / revenue | 47.9% | 56.6% | 56.5% | 55.5% | 58.4% | 69.1% | 67.4% | 65.9% | 63.5% | 68.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 73.9 | 50.6 | 47.8 | 45.4 | 47.0 | 29.0 | 26.3 | 26.5 | 24.8 | 56.3 |
| Days of inventory on hand | — | — | — | — | 4.4 | 0.2 | — | 115.6 | — | — |
| Days payables outstanding | 24.7 | 30.6 | 32.4 | 31.7 | 41.1 | 39.5 | 49.1 | 49.6 | 34.8 | 71.2 |
| Cash conversion cycle (days) | 49.2 | 20.1 | 15.4 | 13.7 | 10.3 | -10.3 | -22.8 | 92.5 | -10.0 | -15.0 |
| Receivables turnover | 4.94 | 7.21 | 7.63 | 8.03 | 7.76 | 12.58 | 13.87 | 13.79 | 14.74 | 6.48 |
| Payables turnover | 14.79 | 11.94 | 11.26 | 11.50 | 8.88 | 9.24 | 7.43 | 7.36 | 10.49 | 5.12 |
| Inventory turnover | — | — | — | — | 83.56 | 2,351.31 | — | 3.16 | — | — |
| Asset turnover | 0.29 | 0.38 | 0.42 | 0.46 | 0.34 | 0.42 | 0.46 | 0.50 | 0.85 | 0.35 |
| Average receivables | $484.3M | $528.2M | $572.2M | $651.7M | $476.6M | $219.8M | $181.0M | $183.7M | $224.4M | $269.2M |
| Average payables | $54.8M | $88.8M | $119.3M | $168.1M | $146.0M | $80.7M | $73.7M | $68.1M | $62.1M | $74.9M |
| Average inventory | — | — | — | — | $15.5M | $317,000 | — | $158.8M | — | — |
| Intangibles / total assets | 31.7% | 37.7% | 37.6% | 40.4% | 37.7% | 22.4% | 48.0% | 48.9% | 55.1% | 49.1% |
Computed from PPLI's annual financial statements (latest annual report filed February 20, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
PPLI valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 7.2 and the forward P/E is 70.4. People earned a return on equity of −2.0% and a return on invested capital of 1.6% in fiscal 2025. It ended the year with $1.4 billion of debt and $960.2 million in cash and short-term investments, net debt of $465.6 million. It returned $315.0 million to shareholders: $0 in dividends and $315.0 million in share buybacks, 749% of free cash flow.
See the PPLI income statement, the PPLI chart for price history, or the PPLI stock overview for the latest quote and news.
PPLI key metrics FAQ
What is People's P/E ratio?
People's trailing P/E ratio is 7.2 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 70.4. At the end of fiscal 2025 it was —, compared with a 10-year median of 25.9.
What is People's EV/EBITDA?
People's enterprise value was 21.3 times EBITDA at the end of fiscal 2025 (enterprise value $3.6 billion, EBITDA $168.7 million); the current EV/EBITDA is 9.8.
What is People's return on equity?
People's return on equity (ROE) was −2.0% in fiscal 2025: net income of -$104.0 million on average shareholders' equity of $5.2 billion.
What is People's ROIC?
People's return on invested capital was 1.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does People have?
People had total debt of $1.4 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.30 and $465.6 million of net debt (2.76 times EBITDA).
Does People buy back its shares?
Yes. People spent $315.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −3.8% over the year, to 80.0M..
What is People's free cash flow yield?
People generated $42.1 million of free cash flow in fiscal 2025, a free cash flow yield of 1.3% on its market value at year-end ($3.1 billion).
What is People's current ratio?
People's current ratio was 2.75 at the end of fiscal 2025: current assets were 2.75 times current liabilities.