Palo Alto Networks PE ratio PANW

Share price divided by earnings per share over the last twelve months, since 2023.

Today, Oct 23, 2026: n/m; a sliver of earnings
Last meaningful: 273×; Sep 2026
3-year median: 111×
3-year range: 42.0× to 406×
Peer median: 76.0×

Palo Alto Networks' PE ratio is not a meaningful number today, on $0.51 of earnings a share over the last twelve months: a multiple this high rests on a sliver of earnings.

It was last meaningful in Sep 2026, at 273×.

On the days it had one over the last 3 years, its median was 111×, from 42.0× in Apr 2024 to 406× in Jun 2023.

PE ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	273×	81.2×	315×
2025	119×	45.2×	137×
2024	48.5×	42.0×	214×
2023	168×	151×	406×

Against its peers

Companies in Software - Infrastructure nearest Palo Alto Networks' size, closest first, today.

Company	PE ratio
PANWPalo Alto Networks	n/m
CRWDCrowdStrike	n/m
ORCLOracle	19.8×
PLTRPalantir Technologies	168×
FTNTFortinet	63.4×
NETCloudflare	n/m
SNPSSynopsys	76.0×
XYZBlock	137×
ZSZscaler	n/m
TWLOTwilio	36.5×
OKTAOkta	128×
Peer median	76.0×

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 Palo Alto Networks

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