Fortinet, Inc.FTNTNASDAQ
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PE Ratio: Discounted Valuation
Below historical average, structural decline.
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Price-to-earnings ratio
Latest
41.38
↓ 71% below average
Average (9y)
143.19
Historical baseline
Range
High:664.52
Low:35.57
CAGR
-26.5%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 41.38 | +4.2% |
| 2023 | 39.70 | -12.0% |
| 2022 | 45.13 | -53.3% |
| 2021 | 96.66 | +93.6% |
| 2020 | 49.93 | -9.3% |
| 2019 | 55.03 | +54.7% |
| 2018 | 35.57 | -85.3% |
| 2017 | 242.60 | +50.4% |
| 2016 | 161.34 | -75.7% |
| 2015 | 664.52 | - |