As of Apr 17, 2024, the Palo Alto Networks stock's price-to-earnings ratio is 38.52. This results from the current EPS of $7.2 and stock price of $277.33. The P/E ratio has decreased by 74% from the past four quarters average of 148.4.
The PE ratio of Palo Alto Networks has averaged 383.15 over the last two years. The current PE ratio of 38.52 is 90% below the historical average. In the past two years, PANW's PE ratio was at its highest in the Jan 2023 quarter at 1,322, when the stock price was $158.64 and the EPS was $0.12. The lowest value was in the Jan 2024 quarter, when it reached 47.02 with a price of $338.51 and an EPS of $7.2.
Year | PE ratio | Change |
---|---|---|
2023 | 172.39 | N/A |
2022 | N/A | N/A |
2021 | N/A | N/A |
2020 | N/A | N/A |
2019 | N/A | N/A |
2018 | N/A | N/A |
2017 | N/A | N/A |
2016 | N/A | N/A |
2015 | N/A | N/A |
2014 | N/A | N/A |
The current PE ratio of PANW is lower than the 3, 5 and 10-year averages.
PANW's PE ratio is lower than its peer stocks INTC and FTNT, but it is greater than CSCO's and IBM's. Palo Alto Networks is presently trading at a higher PE ratio (38.52) than its peer group average of 32.62.
Stock name | PE ratio | Market cap |
---|---|---|
HPQ Hp Inc | 7.99 | $27.11B |
CSCO Cisco Systems Inc | 14.5 | $194.34B |
IBM International Business Machines Corp | 21.99 | $166.14B |
CHKP Check Point Software Technologies Ltd. | 22.09 | $17.93B |
FFIV F5 Networks Inc | 23.28 | $10.57B |
JNPR Juniper Networks Inc | 37.28 | $11.64B |
PANW Palo Alto Networks Inc | 39.08 | $90.92B |
FTNT Fortinet Inc | 44 | $49.35B |
INTC Intel Corp | 87.3 | $147.64B |
PANW's price to earnings ratio is 38.52 as of Apr 17, 2024.
As an average over the last 3 years, PANW stock has a PE ratio of 383.15.
As an average over the last 5 years, PANW stock has a PE ratio of 383.15.
Over the last two years, the quarterly PE ratio reached a historic high of 1,322 in the Jan 2023 quarter.
PANW's price to earnings ratio is currently 90% below its 2-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Apr 17, 2024), Palo Alto Networks's stock price is $277.33. The earnings per share for the trailing twelve months (TTM) ending Jan 2024 is $7.2. Therefore, Palo Alto Networks's P/E ratio for today is 38.52. PE RATIO(38.52) = STOCK PRICE($277.33) / TTM EPS($7.2)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.