Superworth

Fortinet PE ratio FTNT

Share price divided by earnings per share over the last twelve months, since 2012.

Today, Oct 23, 2026
63.4×
10-year median
56.4×
Against its 10-year history
60th
percentile: 0 is its lowest day, 100 its highest
10-year range
29.6× to 336×
Peer median
102×

Fortinet's PE ratio is 63.4× as of Oct 23, 2026: a share price of $179.99 against $2.84 of earnings per share over the last twelve months.

That is above its ten-year median of 56.4×, close to the middle of its last ten years.

Over that time it ranged from 29.6× in Aug 2025 to 336× in Apr 2018.

The median for 10 infrastructure software stocks of a similar size is 102×.

PE ratio over time

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

YearEnd of yearLowHigh
2026 so far63.4×31.0×68.6×
202533.6×29.6×56.4×
202448.5×36.9×54.5×
202340.4×35.0×66.9×
202254.0×53.8×97.9×
2021108×53.8×110×
202055.2×43.1×68.1×
201947.5×35.8×128×
2018103×91.9×336×
201791.0×81.3×264×
2016281×241×286×
2015312×166×499×
2014174×60.2×174×
201359.1×43.4×64.9×
201256.6×49.5×72.9×

Against its peers

Companies in Software - Infrastructure nearest Fortinet's size, closest first, today.

CompanyPE ratio
FTNTFortinet63.4×
NETCloudflaren/m
SNPSSynopsys76.0×
CRWDCrowdStriken/m
PANWPalo Alto Networksn/m
XYZBlock137×
ORCLOracle19.8×
ZSZscalern/m
TWLOTwilio36.5×
OKTAOkta128×
PLTRPalantir Technologies168×
Peer median102×

Where Fortinet ranks

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Fortinet

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