Fortinet
FTNT
$59.32
Share price
2.28%
Change (1 day)
-13.58%
Change (1 year)
Fortinet Inc. is an American company that develops and distributes software and provides services in the field of information security, for example: firewalls, antivirus programs, intrusion detection and endpoint security.
Fortinet (FTNT) - P/B ratio
P/B ratio as of June 2024 : -332
According to Fortinet's latest financial reports the company has a price-to-book ratio of -332.
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.
Fortinet - P/B ratio (from 2009 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | N/A | -100% |
| 2023-12-31 | -97.0 | -28.49% |
| 2022-12-31 | -136 | -284.29% |
| 2021-12-31 | 73.6 | 161.29% |
| 2020-12-31 | 28.2 | 106.28% |
| 2019-12-31 | 13.7 | 15.35% |
| 2018-12-31 | 11.8 | -8.16% |
| 2017-12-31 | 12.9 | 107.18% |
| 2016-12-31 | 6.22 | -12.03% |
| 2015-12-31 | 7.07 | -6.32% |
| 2014-12-31 | 7.55 | 43.1% |
| 2013-12-31 | 5.28 | -20.03% |
| 2012-12-31 | 6.60 | -29.63% |
| 2011-12-31 | 9.37 | -9.44% |
| 2010-12-31 | 10.4 | 25.61% |
| 2009-12-31 | 8.24 | |
| 2008-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Intel INTC | 1.17 | -100.35% | 🇺🇸 USA |
 Cisco CSCO | 4.06 | -101.22% | 🇺🇸 USA |
 F5 Networks FFIV | 3.36 | -101.01% | 🇺🇸 USA |
 HP HPQ | -22.9 | -93.10% | 🇺🇸 USA |
 Juniper Networks
JNPR | 2.55 | -100.77% | 🇺🇸 USA |
 NETGEAR NTGR | 0.7811 | -100.24% | 🇺🇸 USA |
 Check Point Software CHKP | 6.08 | -101.83% | 🇮🇱 Israel |
 ADTRAN ADTN | 0.6229 | -100.19% | 🇺🇸 USA |
 Palo Alto Networks
PANW | 22.2 | -106.70% | 🇺🇸 USA |