Fortinet
FTNT
£76.45
Share price
1.07%
Change (1 day)
49.35%
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 2025 : 51.9
According to Fortinet's latest financial reports the company has a price-to-book ratio of 13.0275.
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 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | 49.3 | -150.83% |
| 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 | P/B ratio differencediff. | Country |
|---|---|---|---|
 | 2.48 | -95.22% | 🇺🇸 USA |
 | 4.77 | -90.83% | 🇺🇸 USA |
 | 8.01 | -84.58% | 🇮🇱 Israel |
 | -22.1 | -142.61% | 🇺🇸 USA |
 | 1.29 | -97.51% | 🇺🇸 USA |
 | 4.93 | -90.51% | 🇺🇸 USA |
 | 18.5 | -64.41% | 🇺🇸 USA |
 | 0.8247 | -98.41% | 🇺🇸 USA |
 | 1.12 | -97.84% | 🇺🇸 USA |