Palo Alto Networks, Inc. PANW
374.74
(15.18)
(3.89%)
as of 25 Sep
- Market cap
- $316.8B
- P/E
- 706×
Follow PANW
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/S ratio
As of 25 September 2026, Palo Alto Networks, Inc. (PANW) trades at a P/S ratio of 24.4×. Over the past ten years it has ranged from 4.2× (March 2020) to 27.1× (July 2026); the current reading is higher than 99% of that period. That is above the Software Infrastructure industry median of 3.1× and above the Technology sector median of 2.9×.
P/S ratio, daily
Annual
| Period | P/S ratio | Change |
|---|---|---|
| FY2026 | 21.6× | 73.45% |
| FY2025 | 12.5× | (3.28%) |
| FY2024 | 12.9× | 17.37% |
| FY2023 | 11.0× | 20.93% |
| FY2022 | 9.1× | 0.31% |
| FY2021 | 9.1× | 24.59% |
| FY2020 | 7.3× | (1.47%) |
| FY2019 | 7.4× | (7.65%) |
| FY2018 | 8.0× | 17.55% |
| FY2017 | 6.8× | (16.20%) |
Quarterly
| Period | P/S ratio | Change |
|---|---|---|
| Jul 2026 | 21.6× | 59.86% |
| Apr 2026 | 13.5× | 8.49% |
| Jan 2026 | 12.5× | (20.23%) |
| Oct 2025 | 15.6× | 25.37% |
| 43 more quarters | Free account |
Against its own ten years
Low 4.2×
High 27.1×
Ten-year median
9.5×
Current reading's percentile
99
P/S ratio against peers
| Company | P/S ratio |
|---|---|
| ORCL Oracle Corporation compare | 5.7× |
| CRWV CoreWeave Inc. compare | 6.3× |
| SNPS Synopsys, Inc. compare | 8.7× |
| FTNT Fortinet, Inc. compare | 16.9× |
| PANW Palo Alto Networks, Inc. | 24.4× |
| CRWD CrowdStrike compare | 47.6× |
| NBIS Nebius Group N.V. compare | 49.1× |
| NET Cloudflare, Inc. compare | 49.2× |
| PLTR Palantir Technologies Inc. compare | 73.9× |
| Software Infrastructure industry median | 3.1× |
| Technology sector median | 2.9× |
| Market median | 2.0× |
What P/S ratio is
Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.
(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)
More on PANW
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement