PUBLIC MARKETSEG SaaS Index Update: July 2022Public SaaS company valuations appear to have bottomed out during the past two months and are bouncing back from mid-summer lows.
Download the SEG SaaS Index Update: July 2022
A quick update on public SaaS company stock performance over July.
Public SaaS company valuations appear to have bottomed out during the past two months and are bouncing back from mid-summer lows. While YTD stock price performance was still down 40.6% as of July 31st, the current (as of today) EV/Revenue multiple for the SEG SaaS Index sits at 7.4x, up substantially from the end of July’s 6.2x mark. This comes alongside news of the NASDAQ entering a bull market, up 20% from the low in mid-June.
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