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NTAP NetApp PE ratio, current and historical analysis

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.

NTAP PE ratio history

How has NTAP's PE ratio performed in the past

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.

Today
22.23
Average
25.46
Median
20.52
Minimum
10.33
Maximum
156.74

NetApp PE ratio by year

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

NetApp PE ratio by quarter (TTM)

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 average PE ratio chart

What is the average PE ratio of NTAP for the past years

NTAP's current P/E ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.

3-year avg
17.13
5-year avg
17.66
10-year avg
25.46
15-year avg
25.23

NTAP PE vs peers

What is NTAP's PE ratio compared to its peers

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

Frequently asked questions

What is NetApp's PE ratio?

NTAP stock has a price to earnings ratio of 22.23 as of Feb 21, 2025.

What is the 3-year average PE ratio for NetApp (NTAP)?

The 3-year average PE ratio for NTAP stock is 17.13.

What is the 5-year average PE ratio for NetApp (NTAP)?

The 5-year average PE ratio for NTAP stock is 17.66.

What is the highest PE ratio for NTAP?

Over the last ten years, the quarterly PE ratio reached a historic high of 156.74 in the Apr 2018 quarter.

How does the current PE ratio for NTAP compare to its historical average?

NTAP's current price to earnings ratio is 13% below its 10-year historical average.

How is NTAP's PE ratio calculated (NetApp PE ratio formula)?

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.