Arista Networks
ANET
#162
Rank
$100.02 B
Marketcap
$319.21
Share price
1.62%
Change (1 day)
94.11%
Change (1 year)
Arista Networks is one of the leading manufacturers of high-performance network switches.

P/E ratio for Arista Networks (ANET)

P/E ratio as of July 2024 (TTM): 52.0

According to Arista Networks's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 52.0357. 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
202227.5-47.55%
202152.550.94%
202034.892.41%
201918.1-27.3%
201824.8-38.41%
201740.311.3%
201636.2-16.19%
201543.2-8.18%
201447.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
36.8-29.32%๐Ÿ‡บ๐Ÿ‡ธ USA
15.6-70.02%๐Ÿ‡บ๐Ÿ‡ธ USA
7.76-85.08%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
32.7-37.16%๐Ÿ‡บ๐Ÿ‡ธ USA
-15.5-129.83%๐Ÿ‡บ๐Ÿ‡ธ USA
15.5-70.23%๐Ÿ‡บ๐Ÿ‡ธ 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.