P/E ratio for Juniper Networks (JNPR)
P/E ratio as of October 2023 (TTM): 21.9
According to Juniper Networks 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.9141. At the end of 2021 the company had a P/E ratio of 46.4.
P/E ratio history for Juniper Networks from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 46.4 | 58.64% |
| 2020 | 29.2 | 19.88% |
| 2019 | 24.4 | 48.62% |
| 2018 | 16.4 | -52.79% |
| 2017 | 34.8 | 94.32% |
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cisco CSCO | 17.6 | -19.68% | 🇺🇸 USA |
 IBM IBM | 63.7 | 190.73% | 🇺🇸 USA |
 F5 Networks FFIV | 29.3 | 33.65% | 🇺🇸 USA |
 Fortinet FTNT | 43.4 | 98.18% | 🇺🇸 USA |
 HP HPQ | 11.0 | -49.90% | 🇺🇸 USA |
 Extreme Networks
EXTR | 40.1 | 83.13% | 🇺🇸 USA |
 Ericsson ERIC | 14.0 | -36.15% | 🇸🇪 Sweden |
 ADTRAN ADTN | -9.01 | -141.12% | 🇺🇸 USA |
 Palo Alto Networks
PANW | 164 | 650.31% | 🇺🇸 USA |
 Ciena CIEN | 31.7 | 44.43% | 🇺🇸 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.