FTNT
Price:
$99.21
Market Cap:
$76.04B
Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product fami...[Read more]
Industry
Software - Infrastructure
IPO Date
2009-11-18
Stock Exchange
NASDAQ
Ticker
FTNT
According to Fortinet, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 49.85. This represents a change of 45.81% compared to the average of 34.19 of the last 4 quarters.
The mean historical PE Ratio of Fortinet, Inc. over the last ten years is 158.99. The current 49.85 PE Ratio has changed 3.04% with respect to the historical average. Over the past ten years (40 quarters), FTNT's PE Ratio was at its highest in in the June 2015 quarter at 2.22K. The PE Ratio was at its lowest in in the June 2016 quarter at -979.39.
Average
158.99
Median
76.29
Minimum
35.86
Maximum
664.52
Discovering the peaks and valleys of Fortinet, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 235.38%
Maximum Annual PE Ratio = 664.52
Minimum Annual Increase = -85.22%
Minimum Annual PE Ratio = 35.86
Year | PE Ratio | Change |
---|---|---|
2023 | 39.70 | -12.03% |
2022 | 45.13 | -53.31% |
2021 | 96.66 | 93.58% |
2020 | 49.93 | -10.69% |
2019 | 55.91 | 55.90% |
2018 | 35.86 | -85.22% |
2017 | 242.61 | 50.31% |
2016 | 161.41 | -75.71% |
2015 | 664.52 | 235.38% |
2014 | 198.14 | 182.01% |
The current PE Ratio of Fortinet, Inc. (FTNT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
60.50
5-year avg
57.47
10-year avg
158.99
Fortinet, Inc.’s PE Ratio is less than CrowdStrike Holdings, Inc. (708.55), greater than Okta, Inc. (-370.07), greater than Cloudflare, Inc. (-412.21), greater than MongoDB, Inc. (-114.86), greater than Palo Alto Networks, Inc. (48.52), less than Splunk Inc. (57.66), greater than Adobe Inc. (45.91), less than Palantir Technologies Inc. (360.42), greater than Zscaler, Inc. (-891.56), greater than UiPath Inc. (-91.05),
Company | PE Ratio | Market cap |
---|---|---|
708.55 | $85.51B | |
-370.07 | $13.77B | |
-412.21 | $38.77B | |
-114.86 | $25.37B | |
48.52 | $133.18B | |
57.66 | $26.44B | |
45.91 | $243.41B | |
360.42 | $173.90B | |
-891.56 | $32.52B | |
-91.05 | $8.14B |
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