Fortinet
FTNT
#250
Rank
NZ$132.00 B
Marketcap
$171.67
Share price
1.93%
Change (1 day)
48.45%
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 March 2025 : 49.4

According to Fortinet's latest financial reports the company has a price-to-book ratio of 12.932.
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
2.50-94.95%๐Ÿ‡บ๐Ÿ‡ธ USA
4.75-90.40%๐Ÿ‡บ๐Ÿ‡ธ USA
8.76-82.28%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
-21.4-143.21%๐Ÿ‡บ๐Ÿ‡ธ USA
1.18-97.61%๐Ÿ‡บ๐Ÿ‡ธ USA
5.42-89.03%๐Ÿ‡บ๐Ÿ‡ธ USA
18.1-63.48%๐Ÿ‡บ๐Ÿ‡ธ USA
0.8216-98.34%๐Ÿ‡บ๐Ÿ‡ธ USA
1.22-97.54%๐Ÿ‡บ๐Ÿ‡ธ USA