P/E ratio for Palo Alto Networks (PANW)
P/E ratio as of October 2023 (TTM): 164
According to Palo Alto Networks 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 164.424. At the end of 2021 the company had a P/E ratio of -317.
P/E ratio history for Palo Alto Networks from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -317 | -7.85% |
| 2020 | -344 | 60.62% |
| 2019 | -214 | 50.06% |
| 2018 | -143 | 142.18% |
| 2017 | -58.9 | 32.87% |
| 2016 | -44.3 | -47.38% |
| 2015 | -84.3 | 120.03% |
| 2014 | -38.3 | -68.68% |
| 2013 | -122 | -47.6% |
| 2012 | -233 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Intel INTC | -161 | -198.03% | 🇺🇸 USA |
 Cisco CSCO | 17.6 | -89.29% | 🇺🇸 USA |
 IBM IBM | 63.7 | -61.25% | 🇺🇸 USA |
 F5 Networks FFIV | 29.3 | -82.19% | 🇺🇸 USA |
 Fortinet FTNT | 43.4 | -73.59% | 🇺🇸 USA |
 HP HPQ | 11.0 | -93.32% | 🇺🇸 USA |
 Juniper Networks
JNPR | 21.9 | -86.67% | 🇺🇸 USA |
 FireEye FEYE | N/A | N/A | 🇺🇸 USA |
 Check Point Software CHKP | 19.2 | -88.32% | 🇮🇱 Israel |
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.