ANET
Arista Networks
PE ratio, current and historical analysis
- Stocks
- Technology
- NYSE: ANET
- PE Ratio
The current P/E ratio for Arista Networks stock as of Jul 2, 2026 is 54.05. This is calculated based on the TTM EPS of $2.96 and the stock price of $159.99 per share. The PE ratio has increased by 19% from its last 4 quarters average of 45.6.
ANET PE ratio history
The average historical PE ratio of Arista Networks for the last ten years is 38.46. The current price-to-earnings ratio of 54.05 is 41% more than the historical average. Analyzing the last ten years, ANET's PE ratio reached its highest point in the Jun 2018 quarter at 80.47, when the price was $16.09 and the EPS was $0.2. The lowest point was recorded in the Dec 2019 quarter, when it reached 18.16 with a price of $12.71 and an EPS of $0.7.
Arista Networks PE ratio by year
Maximum annual increase: 92.35% in 2020
Maximum annual decrease: -62.76% in 2019
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 46.96 | -3.55% | $131.03 | $2.79 |
| 2024 | 48.69 | 39.75% | $110.53 | $2.27 |
| 2023 | 34.84 | 26.32% | $58.88 | $1.69 |
| 2022 | 27.58 | -47.04% | $30.34 | $1.1 |
| 2021 | 52.08 | 49.1% | $35.94 | $0.69 |
| 2020 | 34.93 | 92.35% | $18.16 | $0.52 |
| 2019 | 18.16 | -62.76% | $12.71 | $0.7 |
| 2018 | 48.77 | 22.57% | $13.17 | $0.27 |
| 2017 | 39.79 | 11.83% | $14.72 | $0.37 |
| 2016 | 35.58 | -19.56% | $6.05 | $0.17 |
| 2015 | 44.23 | 4.84% | $4.87 | $0.11 |
| 2014 | 42.19 | N/A | $3.8 | $0.09 |
| 2013 | N/A | N/A | N/A | $0.05 |
| 2012 | N/A | N/A | N/A | $0.02 |
| 2011 | N/A | N/A | N/A | $0.04 |
Arista Networks PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 41.48 | -11.67% | $122.78 | $2.96 |
| Dec 2025 | 46.96 | -13.63% | $131.03 | $2.79 |
| Sep 2025 | 54.37 | 37.65% | $145.71 | $2.68 |
| Jun 2025 | 39.5 | 22.86% | $102.31 | $2.59 |
| Mar 2025 | 32.15 | -33.97% | $77.48 | $2.41 |
| Dec 2024 | 48.69 | 7.58% | $110.53 | $2.27 |
| Sep 2024 | 45.26 | 1.75% | $95.96 | $2.12 |
| Jun 2024 | 44.48 | 12.89% | $87.62 | $1.97 |
| Mar 2024 | 39.4 | 13.09% | $72.5 | $1.84 |
| Dec 2023 | 34.84 | 15.94% | $58.88 | $1.69 |
| Sep 2023 | 30.05 | 2.35% | $45.98 | $1.53 |
| Jun 2023 | 29.36 | -13.95% | $40.52 | $1.38 |
| Mar 2023 | 34.12 | 23.71% | $41.97 | $1.23 |
| Dec 2022 | 27.58 | -6.19% | $30.34 | $1.1 |
| Sep 2022 | 29.4 | 6.64% | $28.22 | $0.96 |
ANET Price vs fair value
ANET average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
ANET's current PE ratio is higher than the 3, 5 and 10-year averages.
PE comparison
Arista Networks's price to earnings (P/E) of 54.05 is higher than the Technology sector and the industry average. Looking at the Technology sector average of 37.27, Arista Networks's price to earnings (P/E) is 45% higher.
ANET PE vs peers
When compared to its peer stocks MSFT and CSCO, ANET's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 8.03 | $20.06B |
| MSFT Microsoft Corp | 23.16 | $2.9T |
| CSCO Cisco Systems Inc | 37.44 | $444.16B |
| ANET Arista Networks Inc | 54.05 | $201.46B |
| SILC Silicom Ltd | N/A | $243.02M |
| LTRX Lantronix Inc | N/A | $218.59M |
Frequently asked questions
What is Arista Networks's PE ratio?
The price to earnings ratio for ANET stock as of Jul 2, 2026, stands at 54.05.
What is the 3-year average PE ratio for Arista Networks (ANET)?
Over the last 3 years, the average PE ratio for ANET stock is 41.56.
What is the 5-year average PE ratio for Arista Networks (ANET)?
Over the last 5 years, the average PE ratio for ANET stock is 38.77.
What is the highest PE ratio for ANET?
The highest quarterly PE ratio in the last ten years has been 80.47 and it was in the Jun 2018 quarter.
How does the current PE ratio for ANET compare to its historical average?
The current PE ratio of ANET is 41% higher than the 10-year historical average.
How is ANET's PE ratio calculated (Arista Networks PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 2, 2026), Arista Networks's share price is $159.99. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $2.96. Therefore, Arista Networks's price to earnings ratio for today is 54.05. PE RATIO(54.05) = STOCK PRICE($159.99) / TTM EPS($2.96)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.