As of Jun 22, 2026, FFIV's PEG ratio of 2.01 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 31.73 measured against EPS growth of 15.8%. When benchmarked against the trailing 4-quarter average of 1.2, FFIV's PEG ratio reflects a 68% increase.
F5 Networks's ten years historical PEG ratio averages out to 1.66. Compared to historical data, FFIV's 2.01 PEG ratio represents an increase of 21%. FFIV hit its maximum PEG ratio of 6.14 during the Jun 2016 quarter over the last ten years. The Jun 2024 quarter marked the lowest reading at 0.26, indicating the most attractive growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 1.13 | 27.02 | 23.9% |
| 2024 | 0.49 | 22.82 | 46.4% |
| 2023 | 1.04 | 24.45 | 23.4% |
| 2022 | N/A | 27.1 | -2.2% |
| 2021 | 4.5 | 36.41 | 8.1% |
| 2020 | N/A | 24.31 | -29.1% |
| 2019 | N/A | 19.72 | -3.9% |
| 2018 | 2.07 | 26.91 | 13% |
| 2017 | 0.88 | 18.38 | 20.8% |
| 2016 | 3.23 | 22.95 | 7.1% |
| 2015 | 1 | 22.84 | 22.8% |
| 2014 | 1.69 | 28.75 | 17% |
| 2013 | 17.36 | 24.31 | 1.4% |
| 2012 | 1.83 | 30.07 | 16.4% |
| 2011 | 0.41 | 23.76 | 57.4% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 1.49 | 23.47 | 15.8% |
| Dec 2025 | 1.02 | 20.87 | 20.4% |
| Sep 2025 | 1.13 | 27.02 | 23.9% |
| Jun 2025 | 1.14 | 25.64 | 22.5% |
| Mar 2025 | 0.93 | 25 | 26.9% |
| Dec 2024 | 0.78 | 24.75 | 31.6% |
| Sep 2024 | 0.49 | 22.82 | 46.4% |
| Jun 2024 | 0.26 | 18.38 | 69.7% |
| Mar 2024 | 0.41 | 22.6 | 54.8% |
| Dec 2023 | 0.43 | 23.18 | 54.4% |
| Sep 2023 | 1.04 | 24.45 | 23.4% |
| Jun 2023 | N/A | 26.5 | -2.8% |
| Mar 2023 | N/A | 26.88 | -6.4% |
| Dec 2022 | N/A | 28.7 | -10.2% |
| Sep 2022 | N/A | 27.1 | -2.2% |
Measured against past performance, FFIV's PEG ratio is above the 3, 5 and 10-year averages.
With a PEG of 2.01, FFIV ranks higher than the Technology sector and the industry average. In comparison with the Technology sector average of 0.75, F5 Networks's PEG is 168% higher.
Among its peer stocks CSCO and RDWR, FFIV's PEG ratio runs higher.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| ALLT Allot Ltd | 0.23 | $359.97M |
| RDWR Radware | 0.86 | $1.22B |
| CSCO Cisco Systems Inc | 1.81 | $481.45B |
| FFIV F5 Networks Inc | 2.01 | $22.1B |
| ATEN A10 Networks Inc | N/A | $2.47B |
Based on Jun 22, 2026 data, FFIV shows a PEG ratio of 2.01.
FFIV shows a 3-year average PEG ratio of 0.83.
FFIV shows a 5-year average PEG ratio of 1.31.
In the last ten years, FFIV's peak PEG ratio of 6.14 occurred in the Jun 2016 quarter.
At present, FFIV's PEG ratio runs 21% higher than its 10-year historical average.
The elevated PEG ratio of 2.01 indicates that FFIV may be priced above its earnings growth potential.
The PEG ratio derives from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Jun 22, 2026, F5 Networks carries a PE ratio of 31.73. Earnings grew at 15.8% over the TTM period ending Mar 2026. Applying the formula, this yields a PEG ratio of 2.01. PEG RATIO(2.01) = PE RATIO(31.73) / EPS GROWTH(15.8%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.