Palo Alto Networks
PANW
#131
Rank
HK$995.80 B
Marketcap
HK$3,043
Share price
1.14%
Change (1 day)
61.52%
Change (1 year)
Palo Alto Networks, Inc. is an American multinational IT security company headquartered in Santa Clara, California. Its core products are a platform that includes advanced firewalls.

P/E ratio for Palo Alto Networks (PANW)

P/E ratio as of November 2024 (TTM): 272

According to Palo Alto Networks 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 271.594. At the end of 2022 the company had a P/E ratio of -285.

P/E ratio history for Palo Alto Networks from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-285169.04%
2021-106-7.67%
2020-115-46.46%
2019-21430.73%
2018-164177.98%
2017-58.923.92%
2016-47.5-43.04%
2015-83.5124.75%
2014-37.1-69.62%
2013-122-47.6%
2012-233

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
36.7-86.50%๐Ÿ‡บ๐Ÿ‡ธ USA
18.7-93.11%๐Ÿ‡บ๐Ÿ‡ธ USA
62.0-77.17%๐Ÿ‡บ๐Ÿ‡ธ USA
34.2-87.42%๐Ÿ‡บ๐Ÿ‡ธ USA
15.8-94.17%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
28.2-89.60%๐Ÿ‡บ๐Ÿ‡ธ USA
-65.4-124.06%๐Ÿ‡บ๐Ÿ‡ธ USA
24.3-91.05%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel

How to read a P/E ratio?

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.