Arista Networks, Inc.

ANET Technology Computer Hardware

Arista Networks, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $9.0 billion, up 28.6% from fiscal 2024. In the quarter to June 2026, revenue grew 37.7%, EPS grew 35.2% and free cash flow fell 10.4%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for five consecutive years, operating cash flow growth for three.

176.98 8.60 −4.63%
Market cap
$234.1B
P/E
55.1×
Fwd P/E
46.1×
Dividend yield
—
F-score
4/9
Altman Z
16.45
Beneish M
−2.24
Dividend safety
n/a

Arista Networks, Inc. (ANET) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Arista Networks, Inc. (ANET) trades at a P/B ratio of 15.1×. Over the past ten years it has ranged from 4.1× (March 2020) to 18.5× (October 2026); the current reading is higher than 94% of that period. That is above the Computer Hardware industry median of 2.0× and above the Technology sector median of 2.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 13.3× (4.09%)
FY2024 13.9× 40.01%
FY2023 9.9× 30.82%
FY2022 7.6× (31.52%)
FY2021 11.1× 66.56%
FY2020 6.6× 24.03%
FY2019 5.4× (27.05%)
FY2018 7.3× (26.84%)
FY2017 10.0× 66.62%
FY2016 6.0× (7.55%)

Quarterly newest first

Period P/B ratio Change
Jun 2026 14.5× 26.35%
Mar 2026 11.4× (14.07%)
Dec 2025 13.3× (13.44%)
Sep 2025 15.4× 30.57%
42 more quarters

Against its own ten years

Low 4.1× High 18.5×
Ten-year median 8.7×
Current reading's percentile 94

P/B ratio against peers

Company P/B ratio
DELL Dell Technologies Inc. compare n/m
HPQ HP Inc. compare n/m
SMCI Super Micro Computer, Inc. compare 1.9×
LOGI Logitech International S.A. compare 6.4×
SNDK Sandisk Corporation compare 12.1×
WDC Western Digital Corporation compare 13.0×
ANET Arista Networks, Inc. 15.1×
P Everpure, Inc. compare 26.8×
STX Seagate Technology Holdings PLC compare 64.6×
Computer Hardware industry median 2.0×
Technology sector median 2.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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