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Screener Weekly Summary Pricing

Fortinet, Inc. FTNT

Technology  —  Software Infrastructure
173.46 (5.21) (2.92%) as of 25 Sep
Market cap
$130.0B
P/E
60.7×
S&P 500 Member Cash Flow Champion (10y) Revenue Champion (10y)
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Fortinet, Inc. (FTNT) P/B ratio

As of 25 September 2026, Fortinet, Inc. (FTNT) trades at a P/B ratio of 82.0×. Over the past ten years it has ranged from 0.0× (June 2024) to 5,159× (June 2023); the current reading is higher than 86% of that period. That is above the Software Infrastructure industry median of 3.4× and above the Technology sector median of 3.0×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 48.6× 0.61%
FY2024 48.3× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 73.5× 157.85%
FY2020 28.5× 109.55%
FY2019 13.6× 15.31%
FY2018 11.8× (10.08%)
FY2017 13.1× 111.47%
FY2016 6.2× (11.73%)

Quarterly

Period P/B ratio Change
Jun 2026 72.6× 19.02%
Mar 2026 61.0× 25.42%
Dec 2025 48.6× (43.71%)
Sep 2025 86.4× 120.00%
42 more quarters

Against its own ten years

Low 0.0× High 5,159×
Ten-year median 14.8×
Current reading's percentile 86

P/B ratio against peers

Company P/B ratio
XYZ Block, Inc. compare 2.1×
SNPS Synopsys, Inc. compare 2.6×
TWLO Twilio Inc. compare 4.7×
NBIS Nebius Group N.V. compare 6.4×
CRWV CoreWeave Inc. compare 9.6×
PANW Palo Alto Networks, Inc. compare 10.2×
CRWD CrowdStrike compare 50.0×
NET Cloudflare, Inc. compare 76.3×
FTNT Fortinet, Inc. 82.0×
Software Infrastructure industry median 3.4×
Technology sector median 3.0×
Market median 1.8×

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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