Fortinet
FTNT
#416
Rank
$46.92 B
Marketcap
$61.43
Share price
0.31%
Change (1 day)
-9.85%
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 May 2024 : -101

According to Fortinet's latest financial reports the company has a price-to-book ratio of -101.
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 2023)

P/B ratio by year

Year P/B ratio Change
2023-12-31-97.0-28.49%
2022-12-31-136-284.29%
2021-12-3173.6161.29%
2020-12-3128.2106.28%
2019-12-3113.715.35%
2018-12-3111.8-8.16%
2017-12-3112.9107.18%
2016-12-316.22-12.03%
2015-12-317.07-6.32%
2014-12-317.5543.1%
2013-12-315.28-20.03%
2012-12-316.60-29.63%
2011-12-319.37-9.44%
2010-12-3110.425.61%
2009-12-318.24
2008-12-31N/A

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
1.24-101.23%๐Ÿ‡บ๐Ÿ‡ธ USA
4.23-104.19%๐Ÿ‡บ๐Ÿ‡ธ USA
3.56-103.53%๐Ÿ‡บ๐Ÿ‡ธ USA
-18.5-81.64%๐Ÿ‡บ๐Ÿ‡ธ USA
2.52-102.49%๐Ÿ‡บ๐Ÿ‡ธ USA
0.7090-100.70%๐Ÿ‡บ๐Ÿ‡ธ USA
6.17-106.11%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
0.4063-100.40%๐Ÿ‡บ๐Ÿ‡ธ USA
23.5-123.27%๐Ÿ‡บ๐Ÿ‡ธ USA