P/E ratio for Fortinet (FTNT)

P/E ratio history for Fortinet from 2010 to 2025

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Juniper Networks JNPR	37.7	15.78%	🇺🇸 USA
F5 FFIV	21.7	-33.39%	🇺🇸 USA
Check Point Software CHKP	20.1	-38.30%	🇮🇱 Israel
HP HPQ	8.72	-73.22%	🇺🇸 USA
NETGEAR NTGR	-26.3	-180.92%	🇺🇸 USA
Cisco CSCO	28.8	-11.46%	🇺🇸 USA
Palo Alto Networks PANW	111	241.94%	🇺🇸 USA
Intel INTC	> 1000	11,045.59%	🇺🇸 USA
FireEye FEYE	N/A	N/A	🇺🇸 USA
ADTRAN ADTN	-8.02	-124.63%	🇺🇸 USA

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.