ANET currently has a PEG ratio reading of 2.46 as of Jun 4, 2026. This value reflects a P/E ratio of 56.08 measured against EPS growth of 22.8%. When compared to the trailing four-quarter average of 1.8, ANET's PEG ratio shows a 37% increase.
A ten years lookback shows an average PEG ratio of 1.24 for Arista Networks. Compared to historical data, ANET's 2.46 PEG ratio represents a rise of 98%. ANET reached its maximum PEG ratio of 12.66 during the Jun 2020 quarter over the past ten years. The Dec 2019 quarter had the bottom reading at 0.11, indicating the most optimal growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 2.05 | 46.96 | 22.9% |
| 2024 | 1.42 | 48.69 | 34.3% |
| 2023 | 0.65 | 34.84 | 53.6% |
| 2022 | 0.46 | 27.58 | 59.4% |
| 2021 | 1.59 | 52.08 | 32.7% |
| 2020 | N/A | 34.93 | -25.7% |
| 2019 | 0.11 | 18.16 | 159.3% |
| 2018 | N/A | 48.77 | -27% |
| 2017 | 0.34 | 39.79 | 117.6% |
| 2016 | 0.65 | 35.58 | 54.5% |
| 2015 | 1.99 | 44.23 | 22.2% |
| 2014 | 0.53 | 42.19 | 80% |
| 2013 | N/A | N/A | 150% |
| 2012 | N/A | N/A | -50% |
| 2011 | N/A | N/A | N/A |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 1.82 | 41.48 | 22.8% |
| Dec 2025 | 2.05 | 46.96 | 22.9% |
| Sep 2025 | 2.06 | 54.37 | 26.4% |
| Jun 2025 | 1.25 | 39.5 | 31.5% |
| Mar 2025 | 1.04 | 32.15 | 31% |
| Dec 2024 | 1.42 | 48.69 | 34.3% |
| Sep 2024 | 1.17 | 45.26 | 38.6% |
| Jun 2024 | 1.04 | 44.48 | 42.8% |
| Mar 2024 | 0.79 | 39.4 | 49.6% |
| Dec 2023 | 0.65 | 34.84 | 53.6% |
| Sep 2023 | 0.51 | 30.05 | 59.4% |
| Jun 2023 | 0.47 | 29.36 | 62.4% |
| Mar 2023 | 0.55 | 34.12 | 61.8% |
| Dec 2022 | 0.46 | 27.58 | 59.4% |
| Sep 2022 | 0.59 | 29.4 | 50% |
Measured against past performance, ANET's PEG ratio is higher than its 3, 5 and 10-year averages.
Arista Networks's PEG of 2.46 is above the Technology sector and the industry average. Compared to its Technology sector average of 0.78, Arista Networks's PEG is 215% higher.
ANET has a PEG ratio above that of peer stocks MSFT and CSCO.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| MSFT Microsoft Corp | 0.83 | $3.1T |
| CSCO Cisco Systems Inc | 1.8 | $479.44B |
| HPQ Hp Inc | 2.04 | $23.39B |
| ANET Arista Networks Inc | 2.29 | $194.26B |
| SILC Silicom Ltd | N/A | $217.12M |
| LTRX Lantronix Inc | N/A | $261.2M |
ANET shows a PEG ratio of 2.46, per Jun 4, 2026 data.
Over the last 3 years, ANET's PEG ratio has settled near 1.19.
Over the last 5 years, ANET's PEG ratio has settled near 1.19.
The Jun 2020 quarter marked the ten years high at 12.66 for ANET's PEG ratio.
Currently, ANET's PEG ratio is 98% higher than its 10-year historical average.
A 2.46 PEG ratio for ANET suggests the stock is priced at a premium relative to its growth trajectory.
The PEG ratio comes from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Jun 4, 2026, Arista Networks has a P/E ratio of 56.08. Earnings grew at 22.8% over the TTM period ending Mar 2026. Applying the formula, this produces a price to earnings growth ratio of 2.46. PEG RATIO(2.46) = PE RATIO(56.08) / EPS GROWTH(22.8%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.