P/E ratio for Arista Networks (ANET)
P/E ratio as of April 2024 (TTM): 40.8
According to Arista Networks's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.776. At the end of 2022 the company had a P/E ratio of 27.5.
P/E ratio history for Arista Networks from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 27.5 | -47.55% |
| 2021 | 52.5 | 50.94% |
| 2020 | 34.8 | 92.41% |
| 2019 | 18.1 | -27.3% |
| 2018 | 24.8 | -38.41% |
| 2017 | 40.3 | 11.3% |
| 2016 | 36.2 | -16.19% |
| 2015 | 43.2 | -8.18% |
| 2014 | 47.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 36.7 | -9.95% | 🇺🇸 USA |
 Cisco CSCO | 15.6 | -61.65% | 🇺🇸 USA |
 HP HPQ | 11.8 | -70.98% | 🇺🇸 USA |
 Juniper Networks
JNPR | 31.5 | -22.81% | 🇺🇸 USA |
 Silicom SILC | 7.31 | -82.07% | 🇮🇱 Israel |
 Lantronix LTRX | -13.1 | -132.22% | 🇺🇸 USA |
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.