ANET Arista Networks PE ratio, current and historical analysis
The current P/E ratio for Arista Networks stock as of Nov 21, 2024 is 47.59. This is calculated based on the TTM EPS of $8.51 and the stock price of $404.97 per share. The PE ratio has increased by 16% from its last 4 quarters average of 41.0.
ANET PE ratio history
The average historical PE ratio of Arista Networks for the last ten years is 38.04. The current price-to-earnings ratio of 47.59 is 25% more than the historical average. Analyzing the last ten years, ANET's PE ratio reached its highest point in the Jun 2018 quarter at 82.53, when the price was $64.37 and the EPS was $0.78. The lowest point was recorded in the Dec 2019 quarter, when it reached 18.03 with a price of $50.85 and an EPS of $2.82.
Arista Networks PE ratio by year
Maximum annual increase: 92.79% in 2020
Maximum annual decrease: -62.35% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 34.89 | 26.78% |
| 2022 | 27.52 | -47.54% |
| 2021 | 52.46 | 50.92% |
| 2020 | 34.76 | 92.79% |
| 2019 | 18.03 | -62.35% |
| 2018 | 47.89 | 18.72% |
| 2017 | 40.34 | 11.71% |
| 2016 | 36.11 | -16.49% |
| 2015 | 43.24 | 2.49% |
| 2014 | 42.19 | N/A |
ANET average PE ratio chart
ANET's current PE ratio is higher than the 3, 5 and 10-year averages.
ANET PE vs peers
When compared to its peer stocks MSFT and CSCO, ANET's PE ratio is higher. Arista Networks's PE ratio is trading above the peer average of 29.43.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 13.16 | $36.53B |
| CSCO Cisco Systems Inc | 24.6 | $229.25B |
| MSFT Microsoft Corp | 33.93 | $3.07T |
| JNPR Juniper Networks Inc | 46.01 | $11.73B |
| ANET Arista Networks Inc | 47.59 | $127.54B |
| SILC Silicom Ltd | N/A | $86M |
| LTRX Lantronix Inc | N/A | $112.35M |
Frequently asked questions
What is Arista Networks's PE ratio?
The price to earnings ratio for ANET stock as of Nov 21, 2024, stands at 47.59.
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 36.68.
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 33.04.
What is the highest PE ratio for ANET?
The highest quarterly PE ratio in the last ten years has been 82.53 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 25% 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 (Nov 21, 2024), Arista Networks's share price is $404.97. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $8.51. Therefore, Arista Networks's price to earnings ratio for today is 47.59. PE RATIO(47.59) = STOCK PRICE($404.97) / TTM EPS($8.51)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.