Palo Alto Networks, Inc. PANW

374.74 (15.18) (3.89%) as of 25 Sep
Market cap
$316.8B
P/E
706×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Palo Alto Networks, Inc. (PANW) P/E ratio

As of 25 September 2026, Palo Alto Networks, Inc. (PANW) trades at a P/E ratio of 706×. Over the past ten years it has ranged from 0.0× (January 2023) to 1,774× (April 2023); the current reading is higher than 97% of that period. That is above the Software Infrastructure industry median of 28.0× and above the Technology sector median of 29.7×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2026 626× 518.52%
FY2025 101× 151.24%
FY2024 40.3× (76.79%)
FY2023 174× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —

Quarterly

Period P/E ratio Change
Jul 2026 626× 339.93%
Apr 2026 142× 51.71%
Jan 2026 93.8× (28.87%)
Oct 2025 132× 30.28%
43 more quarters

Against its own ten years

Low 0.0× High 1,774×
Ten-year median 0.0×
Current reading's percentile 97

P/E ratio against peers

Company P/E ratio
CRWV CoreWeave Inc. compare n/m
NET Cloudflare, Inc. compare n/m
ORCL Oracle Corporation compare 21.2×
FTNT Fortinet, Inc. compare 60.7×
SNPS Synopsys, Inc. compare 74.7×
PLTR Palantir Technologies Inc. compare 151×
PANW Palo Alto Networks, Inc. 706×
NBIS Nebius Group N.V. compare 913×
CRWD CrowdStrike compare 7,163×
Software Infrastructure industry median 28.0×
Technology sector median 29.7×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on PANW