Current and historical daily PE Ratio for Fortinet Inc (
MEX:FTNT
) from 2019 to May 26 2024. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The PE ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the PE ratio is positive. Also for stocks with the same PE ratio, the one with faster growth business is more attractive. Fortinet stock (MEX:FTNT) PE ratio as of May 26 2024 is 40.1.
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Fortinet Inc (MEX:FTNT) PE Ratio (TTM) Chart
Fortinet Inc (MEX:FTNT) PE Ratio (TTM) Historical Data
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| Fortinet PE Ratio (TTM) Historical Data | |||
|---|---|---|---|
| Date | PE Ratio (TTM) Data | Date | PE Ratio (TTM) Data |
| 2024-05-26 | 39.1 | 2024-03-20 | 45.0 |
| 2024-05-24 | 39.1 | 2024-03-19 | 45.0 |
| 2024-05-23 | 38.8 | 2024-03-15 | 44.1 |
| 2024-05-22 | 38.3 | 2024-03-14 | 46.0 |
| 2024-05-21 | 38.3 | 2024-03-13 | 46.0 |
| 2024-05-20 | 39.4 | 2024-03-12 | 46.0 |
| 2024-05-17 | 38.9 | 2024-03-11 | 47.5 |
| 2024-05-16 | 39.0 | 2024-03-08 | 47.6 |
| 2024-05-15 | 39.0 | 2024-03-07 | 48.6 |
| 2024-05-14 | 39.0 | 2024-03-06 | 46.4 |
| 2024-05-13 | 38.3 | 2024-03-05 | 45.4 |
| 2024-05-10 | 37.2 | 2024-03-04 | 47.8 |
| 2024-05-09 | 37.2 | 2024-03-01 | 47.9 |
| 2024-05-08 | 38.1 | 2024-02-29 | 46.1 |
| 2024-05-07 | 39.2 | 2024-02-28 | 46.7 |
| 2024-05-06 | 38.0 | 2024-02-27 | 46.9 |
| 2024-05-03 | 38.2 | 2024-02-26 | 46.3 |
| 2024-05-02 | 41.8 | 2024-02-23 | 45.6 |
| 2024-04-30 | 41.7 | 2024-02-22 | 45.3 |
| 2024-04-29 | 41.6 | 2024-02-21 | 43.2 |
| 2024-04-26 | 41.6 | 2024-02-20 | 45.4 |
| 2024-04-25 | 41.8 | 2024-02-19 | 46.6 |
| 2024-04-24 | 42.5 | 2024-02-16 | 46.6 |
| 2024-04-23 | 42.5 | 2024-02-15 | 47.4 |
| 2024-04-22 | 42.5 | 2024-02-14 | 47.6 |
| 2024-04-19 | 41.2 | 2024-02-13 | 46.9 |
| 2024-04-18 | 41.9 | 2024-02-12 | 47.5 |
| 2024-04-17 | 42.1 | 2024-02-09 | 46.8 |
| 2024-04-16 | 42.7 | 2024-02-08 | 46.0 |
| 2024-04-15 | 42.7 | 2024-02-07 | 46.7 |
| 2024-04-12 | 42.7 | 2024-02-06 | 45.0 |
| 2024-04-11 | 42.9 | 2024-02-02 | 46.1 |
| 2024-04-10 | 42.9 | 2024-02-01 | 44.4 |
| 2024-04-09 | 42.6 | 2024-01-31 | 44.1 |
| 2024-04-08 | 42.6 | 2024-01-30 | 45.0 |
| 2024-04-05 | 45.0 | 2024-01-29 | 44.9 |
| 2024-04-04 | 45.0 | 2024-01-26 | 43.4 |
| 2024-04-03 | 45.0 | 2024-01-25 | 43.4 |
| 2024-04-02 | 43.3 | 2024-01-24 | 45.0 |
| 2024-04-01 | 41.6 | 2024-01-23 | 43.9 |
| 2024-03-27 | 42.9 | 2024-01-22 | 42.5 |
| 2024-03-26 | 44.3 | 2024-01-19 | 40.3 |
| 2024-03-25 | 44.8 | 2024-01-18 | 40.3 |
| 2024-03-22 | 44.5 | 2024-01-17 | 41.1 |
| 2024-03-21 | 45.0 | 2024-01-16 | 41.4 |
Fortinet Inc (MEX:FTNT) PE Ratio (TTM) Comparison
| Company | Market Cap(Mil) | PE Ratio (TTM) |
|---|
Business Description
Business Description
Fortinet Inc
NAICS : 561621
SIC : 7382
ISIN : US34959E1091
Description
Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 700,000 customers across the world.
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