Fortinet
FTNT
#249
Rank
โ‚น6.693 T
Marketcap
โ‚น8,733
Share price
1.61%
Change (1 day)
57.43%
Change (1 year)
Fortinet Inc. is an American company that develops and distributes software and provides services in the field of information security, for example: firewalls, antivirus programs, intrusion detection and endpoint security.

Fortinet (FTNT) - P/B ratio

P/B ratio as of January 2025 : 85.2

According to Fortinet's latest financial reports the company has a price-to-book ratio of 13.5459.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Fortinet - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-3181.1-183.61%
2023-12-31-97.0-28.49%
2022-12-31-136-284.29%
2021-12-3173.6161.29%
2020-12-3128.2106.28%
2019-12-3113.715.35%
2018-12-3111.8-8.16%
2017-12-3112.9107.18%
2016-12-316.22-12.03%
2015-12-317.07-6.32%
2014-12-317.5543.1%
2013-12-315.28-20.03%
2012-12-316.60-29.63%
2011-12-319.37-9.44%
2010-12-3110.425.61%
2009-12-318.24
2008-12-31N/A

P/B ratio for similar companies or competitors

Company P/B ratio P/B ratio differencediff. Country
2.45-97.12%๐Ÿ‡บ๐Ÿ‡ธ USA
5.59-93.44%๐Ÿ‡บ๐Ÿ‡ธ USA
8.51-90.00%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
-23.3-127.29%๐Ÿ‡บ๐Ÿ‡ธ USA
1.45-98.30%๐Ÿ‡บ๐Ÿ‡ธ USA
5.32-93.76%๐Ÿ‡บ๐Ÿ‡ธ USA
20.8-75.58%๐Ÿ‡บ๐Ÿ‡ธ USA
0.8230-99.03%๐Ÿ‡บ๐Ÿ‡ธ USA
1.33-98.44%๐Ÿ‡บ๐Ÿ‡ธ USA