Palo Alto Networks (PANW) - P/B ratio

P/B ratio as of June 2026 : 24.3

According to Palo Alto Networks 's latest financial reports the company has a price-to-book ratio of 23.0914.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Palo Alto Networks - P/B ratio (from 2012 to 2026)

P/B ratio by year

Year	P/B ratio	Change
2026-12-31	N/A	-100%
2025-12-31	14.4	-30.18%
2024-12-31	20.7	-51.76%
2023-12-31	42.8	-48.42%
2022-12-31	83.1	-21.55%
2021-12-31	106	129.81%
2020-12-31	46.1	208.37%
2019-12-31	14.9	5.32%
2018-12-31	14.2	-24.95%
2017-12-31	18.9	51.37%
2016-12-31	12.5	-48.31%
2015-12-31	24.2	20.66%
2014-12-31	20.0	39.23%
2013-12-31	14.4	-7.47%
2012-12-31	15.5
2011-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Intel INTC	4.56	-81.25%	🇺🇸 USA
Cisco CSCO	9.95	-59.11%	🇺🇸 USA
IBM IBM	8.55	-64.85%	🇺🇸 USA
F5 FFIV	6.11	-74.86%	🇺🇸 USA
Fortinet FTNT	81.7	235.85%	🇺🇸 USA
HP HPQ	-32.3	-232.73%	🇺🇸 USA
Juniper Networks JNPR	2.77	-88.63%	🇺🇸 USA
Check Point Software CHKP	4.56	-81.24%	🇮🇱 Israel

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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