PayPal stock has scarcely been cheaper Parkev Tatevosian: PayPal (NASDAQ: PYPL) stock trades down a whopping 76% off its highs in mid-2021. PYPL P/E Ratio (Forward 1y) data by YCharts. Between roaring inflation, rapidly rising interest rates, and the threat of recession on the horizon, the global economy faced challenging, volatile conditions over the last couple of years.