A10 Networks, Inc.

ATEN

Technology Software Infrastructure

A10 Networks, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $290.6 million, up 11.0% from fiscal 2024.

Revenue
+22.6%
EPS
+41.2%
Free cash flow
+69.7%
Total debt
+0.66%

Quarter to September 2026, against a year earlier

29.43 0.82 +2.87%
Market cap
$2.1B
P/E
42.7×
Fwd P/E
39.4×
Dividend yield
0.84%
F-score
5/9
ROIC
37.5%
Net debt / EBITDA
−2.6×
Dividend safety
77/100

A10 Networks, Inc. (ATEN) P/B ratio

Alert me on P/B ratio

As of 11 November 2026, A10 Networks, Inc. (ATEN) trades at a P/B ratio of 8.9×. Over the past ten years it has ranged from 2.0× (February 2015) to 11.8× (June 2026); the current reading is higher than 97% of that period. That is above the Software Infrastructure industry median of 2.9× 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 6.0× 2.75%
FY2024 5.9× 26.41%
FY2023 4.7× (33.88%)
FY2022 7.0× 15.04%
FY2021 6.1× (7.52%)
FY2020 6.6× 37.63%
FY2019 4.8× 9.75%
FY2018 4.4× (20.67%)
FY2017 5.5× (17.46%)
FY2016 6.7× 30.70%

Quarterly newest first

Period P/B ratio Change
Sep 2026 8.4× (25.57%)
Jun 2026 11.3× 50.99%
Mar 2026 7.5× 24.18%
Dec 2025 6.0× (4.51%)
43 more quarters

Against its own ten years

Low 2.0× High 11.8×
Ten-year median 5.5×
Current reading's percentile 97

P/B ratio against peers

Company P/B ratio
PAGS PagSeguro Digital Ltd. compare 0.7×
STNE StoneCo Ltd. compare 1.0×
MQ Marqeta, Inc. compare 2.3×
FIVN Five9, Inc. compare 2.5×
AI C3.ai, Inc. compare 2.7×
CALX Calix, Inc compare 2.9×
EVTC Evertec, Inc. compare 3.0×
INFQ Infleqtion, Inc. compare 3.6×
ATEN A10 Networks, Inc. 8.9×
Software Infrastructure industry median 2.9×
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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