P/E ratio for Juniper Networks (JNPR)
P/E ratio as of April 2024 (TTM): 31.0
According to Juniper Networks 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.0175. At the end of 2022 the company had a P/E ratio of 21.9.
P/E ratio history for Juniper Networks from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.9 | -52.8% |
| 2021 | 46.4 | 58.64% |
| 2020 | 29.2 | 19.88% |
| 2019 | 24.4 | 48.62% |
| 2018 | 16.4 | -53.94% |
| 2017 | 35.6 | 99.18% |
| 2016 | 17.9 | 6.93% |
| 2015 | 16.7 | -165.95% |
| 2014 | -25.4 | -197.77% |
| 2013 | 25.9 | -52.52% |
| 2012 | 54.6 | 114.17% |
| 2011 | 25.5 | -18.46% |
| 2010 | 31.3 | -74.19% |
| 2009 | 121 | 564.64% |
| 2008 | 18.2 | -62.64% |
| 2007 | 48.8 | -556.27% |
| 2006 | -10.7 | -130.23% |
| 2005 | 35.4 | -64.85% |
| 2004 | 101 | -51.48% |
| 2003 | 208 | -1107.25% |
| 2002 | -20.6 | -96.74% |
| 2001 | -632 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cisco CSCO | 15.6 | -49.55% | 🇺🇸 USA |
 IBM IBM | 24.2 | -22.11% | 🇺🇸 USA |
 F5 Networks FFIV | 27.6 | -10.93% | 🇺🇸 USA |
 Fortinet FTNT | 44.5 | 43.54% | 🇺🇸 USA |
 HP HPQ | 12.0 | -61.25% | 🇺🇸 USA |
 Extreme Networks
EXTR | 15.3 | -50.76% | 🇺🇸 USA |
 Ericsson ERIC | -8.21 | -126.46% | 🇸🇪 Sweden |
 ADTRAN ADTN | -5.05 | -116.29% | 🇺🇸 USA |
 Palo Alto Networks
PANW | 204 | 557.83% | 🇺🇸 USA |
 Ciena CIEN | 30.2 | -2.54% | 🇺🇸 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.