SIMPLY WALL ST - May 5 - Match Group shares are 451% higher than three years ago, up 17% over the last quarter. Prices do not always reflect underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. Match Group was able to grow its EPS at 31% per year over three years, sending the share price higher. This EPS growth is lower than the 77% average annual increase in the share price. This indicates that the market is feeling more optimistic on the stock, after the last few years of progress. It is quite common to see investors become enamoured with a business, after a few years of solid progress.