As at Feb 21, 2025, the NTAP stock has a PE ratio of 22.23. This is based on the current EPS of $5.6 and the stock price of $124.47 per share. An increase of 3% 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 25.46. The current 22.23 PE ratio is 13% 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 | PE change | Price | EPS |
---|---|---|---|---|
2024 | 21.38 | 99.63% | $101.33 | $4.74 |
2023 | 10.71 | -38.59% | $62.89 | $5.87 |
2022 | 17.44 | -23.17% | $73.25 | $4.2 |
2021 | 22.7 | 87.6% | $74.69 | $3.29 |
2020 | 12.1 | -22.58% | $43.06 | $3.56 |
2019 | 15.63 | -90.03% | $71.9 | $4.6 |
2018 | 156.74 | 588.36% | $67.4 | $0.43 |
2017 | 22.77 | -24.88% | $39.85 | $1.75 |
2016 | 30.31 | 48.51% | $23.64 | $0.78 |
2015 | 20.41 | 9.03% | $36.12 | $1.77 |
2014 | 18.72 | -24.85% | $35 | $1.87 |
2013 | 24.91 | 5.95% | $34.87 | $1.4 |
2012 | 23.51 | -15.64% | $39.03 | $1.66 |
2011 | 27.87 | -5.14% | $52.11 | $1.87 |
2010 | 29.38 | -68.46% | $34.67 | $1.18 |
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
Oct 2024 | 21.32 | -11.28% | $119.41 | $5.6 |
Jul 2024 | 24.03 | 12.39% | $126.15 | $5.25 |
Apr 2024 | 21.38 | 9.03% | $101.33 | $4.74 |
Jan 2024 | 19.61 | -10.7% | $88.06 | $4.49 |
Oct 2023 | 21.96 | 59.48% | $71.81 | $3.27 |
Jul 2023 | 13.77 | 28.57% | $77.24 | $5.61 |
Apr 2023 | 10.71 | -3.77% | $62.89 | $5.87 |
Jan 2023 | 11.13 | 7.74% | $65.54 | $5.89 |
Oct 2022 | 10.33 | -38.29% | $69.4 | $6.72 |
Jul 2022 | 16.74 | -4.01% | $71.33 | $4.26 |
Apr 2022 | 17.44 | -8.11% | $73.25 | $4.2 |
Jan 2022 | 18.98 | -9.88% | $86.37 | $4.55 |
Oct 2021 | 21.06 | 2.13% | $89.3 | $4.24 |
Jul 2021 | 20.62 | -9.16% | $79.59 | $3.86 |
Apr 2021 | 22.7 | -8.43% | $74.69 | $3.29 |
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 SMCI and TDC, but it is greater than HPQ's and WDC's. NetApp is presently trading at a higher PE ratio (22.23) than its peer group average of 21.26.
Stock name | PE ratio | Market cap |
---|---|---|
HPQ Hp Inc | 12.24 | $32.48B |
STX Seagate Technology plc | 18.01 | $21.35B |
WDC Western Digital Corp | 19.41 | $23.9B |
NTAP NetApp Inc | 22.23 | $25.31B |
TDC Teradata Corp | 27.44 | $2.23B |
SMCI Super Micro Computer Inc | 29.2 | $32.83B |
NTAP stock has a price to earnings ratio of 22.23 as of Feb 21, 2025.
The 3-year average PE ratio for NTAP stock is 17.13.
The 5-year average PE ratio for NTAP stock is 17.66.
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 13% 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 (Feb 21, 2025), NetApp's stock price is $124.47. 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 22.23. PE RATIO(22.23) = STOCK PRICE($124.47) / TTM EPS($5.6)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.