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ANET (Arista Networks) PB Ratio : 14.61 (As of Dec. 12, 2024)


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What is Arista Networks PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-12), Arista Networks's share price is $107.23. Arista Networks's Book Value per Share for the quarter that ended in Sep. 2024 was $7.34. Hence, Arista Networks's PB Ratio of today is 14.61.

Warning Sign:

Arista Networks Inc stock PB Ratio (=14.27) is close to 10-year high of 14.74

The historical rank and industry rank for Arista Networks's PB Ratio or its related term are showing as below:

ANET' s PB Ratio Range Over the Past 10 Years
Min: 4.34   Med: 8.15   Max: 14.74
Current: 14.61

During the past 13 years, Arista Networks's highest PB Ratio was 14.74. The lowest was 4.34. And the median was 8.15.

ANET's PB Ratio is ranked worse than
97.52% of 2379 companies
in the Hardware industry
Industry Median: 2.01 vs ANET: 14.61

During the past 12 months, Arista Networks's average Book Value Per Share Growth Rate was 40.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 28.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 24.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 40.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Arista Networks was 316.60% per year. The lowest was 18.90% per year. And the median was 34.30% per year.

Back to Basics: PB Ratio


Arista Networks PB Ratio Historical Data

The historical data trend for Arista Networks's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Arista Networks PB Ratio Chart

Arista Networks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.37 6.67 11.12 7.62 10.19

Arista Networks Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.79 10.19 11.57 13.06 13.07

Competitive Comparison of Arista Networks's PB Ratio

For the Computer Hardware subindustry, Arista Networks's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Arista Networks's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Arista Networks's PB Ratio distribution charts can be found below:

* The bar in red indicates where Arista Networks's PB Ratio falls into.



Arista Networks PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Arista Networks's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=107.23/7.342
=14.61

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Arista Networks  (NYSE:ANET) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Arista Networks PB Ratio Related Terms

Thank you for viewing the detailed overview of Arista Networks's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Arista Networks Business Description

Address
5453 Great America Parkway, Santa Clara, CA, USA, 95054
Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system, or EOS, that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three quarters of its sales from North America.
Executives
Charles H Giancarlo director 170 WEST TASMAN DRIVE, SAN JOSE X1 95134
Marc Taxay officer: SVP and General Counsel 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
John F Mccool officer: Chief Platform Officer, C/O ARISTA NETWORKS, 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Jayshree Ullal director, officer: President and CEO C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Kenneth Duda officer: SVP and CTO C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Kelly Bodnar Battles director 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Daniel Scheinman director C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Yvonne Wassenaar director C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Ita M Brennan officer: SVP & Chief Financial Officer 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Anshul Sadana officer: SVP, Customer Engineering C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Andreas Bechtolsheim director, 10 percent owner, officer: Chief Development Officer C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Ann Mather director
Lewis Chew director DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Nikos Theodosopoulos director C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Manuel Felix Rivelo officer: SVP, Chief Customer Officer 2312 MAGNOLIA BLVD. WEST, SEATTLE WA 98199