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ANET Arista Networks PE ratio, current and historical analysis

The current P/E ratio for Arista Networks stock as of Jun 14, 2024 is 44.63. This is calculated based on the TTM EPS of $7.36 and the stock price of $328.5 per share. The PE ratio has increased by 34% from its last 4 quarters average of 33.3.

ANET PE ratio history

How has ANET's PE ratio performed in the past

The average historical PE ratio of Arista Networks for the last ten years is 39.21. The current price-to-earnings ratio of 44.63 is 14% 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.

Average
39.21
Median
35.96
Minimum
18.03
Maximum
82.53

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

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

ANET's current PE ratio is higher than the 3, 5 and 10-year averages.

3-year avg
35.16
5-year avg
31.09
10-year avg
39.21
15-year avg
N/A

ANET PE vs peers

What is ANET's PE ratio compared to its peers

When compared to its peer JNPR, ANET's PE ratio is lower, but it is higher than MSFT's and CSCO's. Arista Networks's PE ratio is trading above the peer average of 28.81.

Stock name PE ratio Market cap
HPQ Hp Inc 11.84 $34.75B
CSCO Cisco Systems Inc 15.28 $184.04B
MSFT Microsoft Corp 38.19 $3.29T
ANET Arista Networks Inc 44.63 $102.94B
JNPR Juniper Networks Inc 49.94 $11.52B
SILC Silicom Ltd N/A $100.26M
LTRX Lantronix Inc N/A $134.91M

Frequently asked questions

What is Arista Networks's PE ratio?

The price to earnings ratio for ANET stock as of Jun 14, 2024, stands at 44.63.

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 35.16.

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 31.09.

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 14% 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 (Jun 14, 2024), Arista Networks's share price is $328.5. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $7.36. Therefore, Arista Networks's price to earnings ratio for today is 44.63. PE RATIO(44.63) = STOCK PRICE($328.5) / TTM EPS($7.36)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.