The current P/E ratio for Arista Networks stock as of Jul 25, 2024 is 42.68. This is calculated based on the TTM EPS of $7.36 and the stock price of $314.12 per share. The PE ratio has increased by 28% from its last 4 quarters average of 33.3.
The average historical PE ratio of Arista Networks for the last ten years is 38.67. The current price-to-earnings ratio of 42.68 is 10% 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.
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's current PE ratio is higher than the 3, 5 and 10-year averages.
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 29.2.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 12.11 | $35.56B |
| CSCO Cisco Systems Inc | 16.01 | $192.84B |
| MSFT Microsoft Corp | 36.7 | $3.16T |
| ANET Arista Networks Inc | 43.37 | $100.03B |
| JNPR Juniper Networks Inc | 52.46 | $12.11B |
| SILC Silicom Ltd | N/A | $101.17M |
| LTRX Lantronix Inc | N/A | $144.5M |
The price to earnings ratio for ANET stock as of Jul 25, 2024, stands at 42.68.
Over the last 3 years, the average PE ratio for ANET stock is 34.91.
Over the last 5 years, the average PE ratio for ANET stock is 31.31.
The highest quarterly PE ratio in the last ten years has been 82.53 and it was in the Jun 2018 quarter.
The current PE ratio of ANET is 10% higher than the 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Arista Networks's share price is $314.12. 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 42.68. PE RATIO(42.68) = STOCK PRICE($314.12) / TTM EPS($7.36)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.