Palo Alto Networks
PANW
$317.85
Share price
0.34%
Change (1 day)
65.96%
Change (1 year)
Palo Alto Networks, Inc. is an American multinational IT security company headquartered in Santa Clara, California. Its core products are a platform that includes advanced firewalls.
Palo Alto Networks (PANW) - P/B ratio
P/B ratio as of May 2024 : 23.5
According to Palo Alto Networks
's latest financial reports the company has a price-to-book ratio of 23.5.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Palo Alto Networks - P/B ratio (from 2012 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | N/A | -100% |
| 2023-12-31 | 42.8 | -48.42% |
| 2022-12-31 | 83.1 | -21.55% |
| 2021-12-31 | 106 | 129.81% |
| 2020-12-31 | 46.1 | 208.37% |
| 2019-12-31 | 14.9 | 5.32% |
| 2018-12-31 | 14.2 | -24.95% |
| 2017-12-31 | 18.9 | 51.37% |
| 2016-12-31 | 12.5 | -48.31% |
| 2015-12-31 | 24.2 | 20.66% |
| 2014-12-31 | 20.0 | 39.23% |
| 2013-12-31 | 14.4 | -7.47% |
| 2012-12-31 | 15.5 | |
| 2011-12-31 | N/A |
P/B ratio for similar companies or competitors
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