Fortinet (FTNT) - P/S ratio

P/S ratio as of July 2024 (TTM): 8.15

According to Fortinet's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 8.15077. At the end of 2024 the company had a P/S ratio of 9.66.

P/S ratio history for Fortinet from 2009 to 2024

PS ratio at the end of each year

Year	P/S ratio	Change
2024	9.66	14.01%
2023	8.47	-2.01%
2022	8.65	-50.82%
2021	17.6	89.18%
2020	9.29	9.35%
2019	8.50	28.01%
2018	6.64	30.64%
2017	5.08	24.37%
2016	4.09	-22.8%
2015	5.29	-20.09%
2014	6.62	31.9%
2013	5.02	-20.49%
2012	6.32	-18.48%
2011	7.75	4.55%
2010	7.41	59.16%
2009	4.66

P/S ratio for similar companies or competitors

Company	P/S ratio	P/S ratio differencediff.	Country
Juniper Networks JNPR	2.27	-72.17%	🇺🇸 USA
F5 Networks FFIV	3.74	-54.13%	🇺🇸 USA
Check Point Software CHKP	8.31	2.01%	🇮🇱 Israel
HP HPQ	0.6735	-91.74%	🇺🇸 USA
NETGEAR NTGR	0.6388	-92.16%	🇺🇸 USA
Cisco CSCO	3.48	-57.26%	🇺🇸 USA
Palo Alto Networks PANW	13.7	67.47%	🇺🇸 USA
Intel INTC	2.42	-70.31%	🇺🇸 USA
FireEye FEYE	N/A	N/A	🇺🇸 USA
ADTRAN ADTN	0.4839	-94.06%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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P/S ratio for Fortinet (FTNT)

P/S ratio as of July 2024 (TTM): 8.15