P/E ratio for Fortinet (FTNT)

P/E ratio history for Fortinet from 2010 to 2026

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
Intel INTC	-149	-354.08%	🇺🇸 USA
Cisco CSCO	37.1	-36.75%	🇺🇸 USA
F5 FFIV	31.8	-45.68%	🇺🇸 USA
HP HPQ	9.40	-83.96%	🇺🇸 USA
Juniper Networks JNPR	37.7	-35.69%	🇺🇸 USA
NETGEAR NTGR	-28.3	-148.34%	🇺🇸 USA
FireEye FEYE	N/A	N/A	🇺🇸 USA
Check Point Software CHKP	13.2	-77.52%	🇮🇱 Israel
ADTRAN ADTN	-25.3	-143.10%	🇺🇸 USA
Palo Alto Networks PANW	257	338.50%	🇺🇸 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.