Palo Alto Networks forward PE PANW
Share price divided by analysts' consensus earnings for the next twelve months, since 2012.
- Today, Oct 23, 2026
- 90.9×
- 10-year median
- 49.5×
- Against its 10-year history
- 99th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 28.2× to 100.0×
- Peer median
- 51.6×
Palo Alto Networks' forward PE is 90.9× as of Oct 23, 2026.
That is above its ten-year median of 49.5×, higher than on 99% of days in the last ten years.
Over that time it ranged from 28.2× in Mar 2020 to 100.0× in Oct 2026.
The median for 10 infrastructure software stocks of a similar size is 51.6×.
Forward PE over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 90.9× | 39.2× | 100.0× |
| 2025 | 51.2× | 44.0× | 61.2× |
| 2024 | 56.0× | 47.0× | 69.0× |
| 2023 | 54.0× | 32.1× | 56.2× |
| 2022 | 33.2× | 33.2× | 75.1× |
| 2021 | 72.7× | 53.4× | 73.3× |
| 2020 | 62.2× | 28.2× | 64.2× |
| 2019 | 48.7× | 37.5× | 55.0× |
| 2018 | 37.5× | 33.7× | 51.9× |
| 2017 | 40.4× | 40.0× | 60.7× |
| 2016 | 48.8× | 48.8× | 102× |
| 2015 | 111× | 111× | 162× |
| 2014 | 142× | 127× | 184× |
| 2013 | 144× | 119× | 255× |
| 2012 | 230× | 217× | 309× |
Against its peers
Companies in Software - Infrastructure nearest Palo Alto Networks' size, closest first, today.
| Company | Forward PE |
|---|---|
| PANWPalo Alto Networks | 90.9× |
| CRWDCrowdStrike | 182× |
| ORCLOracle | 14.8× |
| PLTRPalantir Technologies | 104× |
| FTNTFortinet | 51.1× |
| NETCloudflare | 220× |
| SNPSSynopsys | 24.5× |
| XYZBlock | 16.7× |
| ZSZscaler | 52.3× |
| TWLOTwilio | 42.3× |
| OKTAOkta | 52.2× |
| Peer median | 51.6× |
Where Palo Alto Networks ranks
What the forward PE tells you
Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.
Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.
More on Palo Alto Networks
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.