As of the most recent data point for Q3'25, Amazon's PEG Ratio stands at 1.75. This marks a significant rebound from the previous quarter's value of 5.78, indicating a notable decrease in the company's price/earnings to growth valuation. Over the period from Q1'23 to Q3'25, the PEG Ratio for Amazon has exhibited considerable volatility. The ratio started at a low of 0.09 in Q1'23, surged to a peak of 5.08 in Q4'23, and experienced sharp fluctuations including negative values in Q1'24 (-15.48) and Q1'25 (-1.94). Despite these swings, the ratio appears to stabilize near the end of the period, suggesting a normalization in growth expectations and valuation multiples.