Juniper Networks
JNPR
#1597
Rank
$8.85 B
Marketcap
$27.55
Share price
-1.78%
Change (1 day)
3.69%
Change (1 year)

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
202146.458.64%
202029.219.88%
201924.448.62%
201816.4-52.79%
201734.894.32%
201617.96.93%
201516.7-165.95%
2014-25.4-197.77%
201325.9-52.52%
201254.6114.17%
201125.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
17.6-19.68%๐Ÿ‡บ๐Ÿ‡ธ USA
63.7 190.73%๐Ÿ‡บ๐Ÿ‡ธ USA
29.3 33.65%๐Ÿ‡บ๐Ÿ‡ธ USA
43.4 98.18%๐Ÿ‡บ๐Ÿ‡ธ USA
11.0-49.90%๐Ÿ‡บ๐Ÿ‡ธ USA
40.1 83.13%๐Ÿ‡บ๐Ÿ‡ธ USA
14.0-36.15%๐Ÿ‡ธ๐Ÿ‡ช Sweden
-9.01-141.12%๐Ÿ‡บ๐Ÿ‡ธ USA
164 650.31%๐Ÿ‡บ๐Ÿ‡ธ USA
31.7 44.43%๐Ÿ‡บ๐Ÿ‡ธ 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.