Palo Alto Networks
PANW
#130
Rank
A$193.39 B
Marketcap
$589.45
Share price
-3.61%
Change (1 day)
46.56%
Change (1 year)
Palo Alto Networks, Inc. is an American multinational IT security company headquartered in Santa Clara, California. Its core products are a platform that includes advanced firewalls.

P/E ratio for Palo Alto Networks (PANW)

P/E ratio as of November 2024 (TTM): 263

According to Palo Alto Networks 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 263.156. At the end of 2022 the company had a P/E ratio of -285.

P/E ratio history for Palo Alto Networks from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-285169.04%
2021-106-7.67%
2020-115-46.46%
2019-21430.73%
2018-164177.98%
2017-58.923.92%
2016-47.5-43.04%
2015-83.5124.75%
2014-37.1-69.62%
2013-122-47.6%
2012-233

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
37.3-85.81%๐Ÿ‡บ๐Ÿ‡ธ USA
18.9-92.80%๐Ÿ‡บ๐Ÿ‡ธ USA
63.1-76.01%๐Ÿ‡บ๐Ÿ‡ธ USA
31.3-88.12%๐Ÿ‡บ๐Ÿ‡ธ USA
16.4-93.76%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
29.2-88.91%๐Ÿ‡บ๐Ÿ‡ธ USA
-61.3-123.28%๐Ÿ‡บ๐Ÿ‡ธ USA
25.1-90.45%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.