Arista Networks price to book ratio ANET

Market value divided by the book value of the company's net assets, since 2014.

Today, Oct 23, 2026: 14.7×
10-year median: 9.6×
Against its 10-year history: 90th; percentile: 0 is its lowest day, 100 its highest
10-year range: 4.3× to 18.5×
Peer median: 20.0×

Arista Networks' price to book ratio is 14.7× as of Oct 23, 2026.

That is above its ten-year median of 9.6×, higher than on 90% of days in the last ten years.

Over that time it ranged from 4.3× in Mar 2020 to 18.5× in Oct 2026.

The median for 8 computer hardware stocks of a similar size is 20.0×.

Price to book ratio over time

median 9.6×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	14.7×	12.3×	18.5×
2025	13.9×	8.1×	18.2×
2024	15.4×	10.7×	15.5×
2023	11.3×	7.8×	11.4×
2022	8.5×	6.8×	10.8×
2021	11.4×	6.3×	11.4×
2020	7.1×	4.3×	7.1×
2019	5.9×	5.3×	11.5×
2018	8.0×	7.5×	13.6×
2017	11.3×	6.2×	11.6×
2016	6.7×	5.1×	6.7×
2015	7.3×	6.1×	9.5×
2014	8.5×	8.5×	12.7×

Against its peers

Companies in Computer Hardware nearest Arista Networks' size, closest first, today.

Company	Price to book ratio
ANETArista Networks	14.7×
SNDKSandisk	11.5×
DELLDell Technologies	n/m
STXSeagate Technology	65.9×
WDCWestern Digital	13.3×
HPEHewlett Packard Enterprise	2.8×
NTAPNetApp	28.3×
PEverpure	26.7×
HPQHP	n/m
Peer median	20.0×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Arista Networks

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.