P/E ratio for Palo Alto Networks (PANW)
P/E ratio as of May 2024 (TTM): 220
According to Palo Alto Networks 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 219.986. At the end of 2022 the company had a P/E ratio of -285.
P/E ratio history for Palo Alto Networks from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -285 | 169.04% |
| 2021 | -106 | -7.67% |
| 2020 | -115 | -46.46% |
| 2019 | -214 | 30.73% |
| 2018 | -164 | 177.98% |
| 2017 | -58.9 | 23.92% |
| 2016 | -47.5 | -43.04% |
| 2015 | -83.5 | 124.75% |
| 2014 | -37.1 | -69.62% |
| 2013 | -122 | -47.6% |
| 2012 | -233 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Intel INTC | -80.1 | -136.40% | 🇺🇸 USA |
 Cisco CSCO | 15.6 | -92.89% | 🇺🇸 USA |
 IBM IBM | 22.2 | -89.92% | 🇺🇸 USA |
 F5 Networks FFIV | 26.3 | -88.03% | 🇺🇸 USA |
 Fortinet FTNT | 41.7 | -81.06% | 🇺🇸 USA |
 HP HPQ | 13.3 | -93.96% | 🇺🇸 USA |
 Juniper Networks
JNPR | 30.4 | -86.16% | 🇺🇸 USA |
 FireEye FEYE | N/A | N/A | 🇺🇸 USA |
 Check Point Software CHKP | 20.9 | -90.51% | 🇮🇱 Israel |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.