Arista Networks
ANET
#130
Rank
HK$979.14 B
Marketcap
HK$3,109
Share price
4.65%
Change (1 day)
85.28%
Change (1 year)
Arista Networks is one of the leading manufacturers of high-performance network switches.

P/E ratio for Arista Networks (ANET)

P/E ratio as of November 2024 (TTM): 62.0

According to Arista Networks's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 61.9659. At the end of 2022 the company had a P/E ratio of 27.5.

P/E ratio history for Arista Networks from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202227.5-47.55%
202152.550.94%
202034.892.41%
201918.1-27.3%
201824.8-38.41%
201740.311.3%
201636.2-16.19%
201543.2-8.18%
201447.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
35.8-42.15%๐Ÿ‡บ๐Ÿ‡ธ USA
15.7-74.68%๐Ÿ‡บ๐Ÿ‡ธ USA
6.90-88.87%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
31.3-49.52%๐Ÿ‡บ๐Ÿ‡ธ USA
-11.6-118.72%๐Ÿ‡บ๐Ÿ‡ธ USA
18.6-69.97%๐Ÿ‡บ๐Ÿ‡ธ USA

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.