Start with its own history
At 21.55×, EXTR is 90.3% below its 4-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.

Current valuation, historical context, and peer comparisons.
Current P/E ratio
21.55×
90.3% belowthe 4-observation annual average
Price and EPS in quote currency. Calculation details
Investors are paying 21.55 for every 1 of reported earnings per share.
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Jun 30, 2026 | 101.16× | N/M |
| Jun 30, 2025 | N/M | N/M |
| Jun 30, 2024 | N/M | N/M |
| Jun 30, 2023 | 43.42× | +65.5% |
| Jun 30, 2022 | 26.24× | -96.3% |
| Jun 30, 2021 | 715.38× | N/M |
| Jun 30, 2020 | N/M | N/M |
| Jun 30, 2019 | N/M | N/M |
| Period end | P/E | Change |
|---|---|---|
| Jun 30, 2018 | N/M | N/M |
| Jun 30, 2017 | N/M | N/M |
| Jun 30, 2016 | N/M | N/M |
| Jun 30, 2015 | N/M | N/M |
| Jun 30, 2014 | N/M | N/M |
| Jun 30, 2013 | 35.10× | +73.5% |
| Jun 30, 2012 | 20.24× | -81.3% |
| Jun 30, 2011 | 108.00× | -90.0% |
| Jun 30, 2010 | 1080.00× | +1520.0% |
| Jun 30, 2009 | 66.67× | +64.3% |
| Jun 30, 2008 | 40.57× | N/M |
| Jun 30, 2007 | N/M | N/M |
| Jun 30, 2006 | 59.43× | +46.0% |
| Jun 30, 2005 | 40.70× | N/M |
| Jun 30, 2004 | N/M | N/M |
| Jun 30, 2003 | N/M | N/M |
| Jun 30, 2002 | N/M | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
EXTR This stockExtreme Networks, Inc. | 21.55× |
CSCOCisco Systems, Inc. | 30.71× |
UIUbiquiti Inc. | 34.67× |
CIENCiena Corporation | 65.68× |
NTCTNetScout Systems, Inc. | 22.86× |
ATENA10 Networks, Inc. | 39.48× |
FFIVF5, Inc. | 26.13× |
RDWRRadware Ltd. | 103.80× |
ALLTAllot Ltd. | 39.58× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
At 21.55×, EXTR is 90.3% below its 4-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
The median of the 8 positive peer ratios above is 37.07×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore Wisesheets=WISE("EXTR", "PE Ratio", "LQ")Share price 22.845 ÷ EPS 1.06 = 21.55×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 2, 2026; this is not a real-time trading quote.
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
The essentials behind the numbers.
Extreme Networks, Inc.'s current P/E is 21.55× based on the quote data last updated Nov 2, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.