As at Dec 20, 2024, the NTAP stock has a PE ratio of 21.15. This is based on the current EPS of $5.6 and the stock price of $118.45 per share. A decrease of 2% has been seen in the P/E ratio compared to the average of 21.6 of the last 4 quarters.
The mean historical PE ratio of NetApp over the last ten years is 25.33. The current 21.15 PE ratio is 17% below the historical average. Over the past ten years, NTAP's PE ratio was at its highest in the Apr 2018 quarter at 156.74, with a price of $67.4 and an EPS of $0.43. The Oct 2022 quarter recorded the bottom point at 10.33, with a price of $69.4 and an EPS of $6.72.
Maximum annual increase: 588.36% in 2018
Maximum annual decrease: -90.03% in 2019
Year | PE ratio | Change |
---|---|---|
2024 | 21.38 | 99.63% |
2023 | 10.71 | -38.59% |
2022 | 17.44 | -23.17% |
2021 | 22.7 | 87.6% |
2020 | 12.1 | -22.58% |
2019 | 15.63 | -90.03% |
2018 | 156.74 | 588.36% |
2017 | 22.77 | -24.88% |
2016 | 30.31 | 48.51% |
2015 | 20.41 | 9.03% |
NTAP's current P/E ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.
NTAP's PE ratio is lower than its peer stocks WDC and STX, but it is greater than HPQ's and SMCI's. NetApp is presently trading at a lower PE ratio (21.15) than its peer group average of 30.6.
Stock name | PE ratio | Market cap |
---|---|---|
HPQ Hp Inc | 11.64 | $30.89B |
SMCI Super Micro Computer Inc | 16.45 | $18.5B |
NTAP NetApp Inc | 21.15 | $24.08B |
STX Seagate Technology plc | 22.22 | $18.47B |
TDC Teradata Corp | 37.92 | $3.08B |
WDC Western Digital Corp | 64.77 | $20.83B |
NTAP stock has a price to earnings ratio of 21.15 as of Dec 20, 2024.
The 3-year average PE ratio for NTAP stock is 17.28.
The 5-year average PE ratio for NTAP stock is 17.48.
Over the last ten years, the quarterly PE ratio reached a historic high of 156.74 in the Apr 2018 quarter.
NTAP's current price to earnings ratio is 17% below its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Dec 20, 2024), NetApp's stock price is $118.45. The earnings per share for the trailing twelve months (TTM) ending Oct 2024 is $5.6. Therefore, NetApp's P/E ratio for today is 21.15. PE RATIO(21.15) = STOCK PRICE($118.45) / TTM EPS($5.6)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.