Fortinet
FTNT
$64.80
Share price
1.74%
Change (1 day)
-2.19%
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 April 2024 : -107
According to Fortinet's latest financial reports the company has a price-to-book ratio of -107.
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% |
| 2021-12-31 | 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 | 1.33 | -101.24% | 🇺🇸 USA |
 Cisco CSCO | 4.23 | -103.96% | 🇺🇸 USA |
 F5 Networks FFIV | 3.70 | -103.47% | 🇺🇸 USA |
 HP HPQ | -16.5 | -84.53% | 🇺🇸 USA |
 Juniper Networks
JNPR | 2.59 | -102.43% | 🇺🇸 USA |
 NETGEAR NTGR | 0.7914 | -100.74% | 🇺🇸 USA |
 Check Point Software CHKP | 6.52 | -106.11% | 🇮🇱 Israel |
 ADTRAN ADTN | 0.3617 | -100.34% | 🇺🇸 USA |
 Palo Alto Networks
PANW | 21.8 | -120.40% | 🇺🇸 USA |