According to Fortinet's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 46.4694. At the end of 2022 the company had a P/E ratio of 45.3.
Year | P/E ratio | Change |
---|---|---|
2022 | 45.3 | -53.02% |
2021 | 96.4 | 92.67% |
2020 | 50.0 | -10.53% |
2019 | 55.9 | 55.55% |
2018 | 35.9 | -86.02% |
2017 | 257 | 36.52% |
2016 | 188 | -66.99% |
2015 | 570 | 178.99% |
2014 | 204 | 199.17% |
2013 | 68.3 | 36.51% |
2012 | 50.0 | -3.62% |
2011 | 51.9 | -6.9% |
2010 | 55.8 | 121.47% |
2009 | 25.2 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Intel INTC | -110 | -337.63% | ๐บ๐ธ USA |
Cisco CSCO | 16.2 | -65.24% | ๐บ๐ธ USA |
F5 Networks FFIV | 28.7 | -38.18% | ๐บ๐ธ USA |
HP HPQ | 12.9 | -72.18% | ๐บ๐ธ USA |
Juniper Networks
JNPR | 32.5 | -30.04% | ๐บ๐ธ USA |
NETGEAR NTGR | -4.26 | -109.17% | ๐บ๐ธ USA |
FireEye FEYE | N/A | N/A | ๐บ๐ธ USA |
Check Point Software CHKP | 22.7 | -51.25% | ๐ฎ๐ฑ Israel |
ADTRAN ADTN | -5.79 | -112.45% | ๐บ๐ธ USA |
Palo Alto Networks
PANW | 197 | 324.61% | ๐บ๐ธ USA |
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.