Fortinet (MEX:FTNT) ROE % Adjusted to Book Value : 5.66% (As of Sep. 2024)

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What is Fortinet ROE % Adjusted to Book Value?

Fortinet's ROE % for the quarter that ended in Sep. 2024 was 367.20%. Fortinet's PB Ratio for the quarter that ended in Sep. 2024 was 64.83. Fortinet's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2024 was 5.66%.

Fortinet ROE % Adjusted to Book Value Historical Data

The historical data trend for Fortinet's ROE % Adjusted to Book Value 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.

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Fortinet ROE % Adjusted to Book Value Chart

Fortinet Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROE % Adjusted to Book Value

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1.83

1.00

Negative Equity

Fortinet Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROE % Adjusted to Book Value	Get a 7-Day Free Trial															1.07	Negative Equity	Negative Equity	11.52	5.66

Competitive Comparison of Fortinet's ROE % Adjusted to Book Value

For the Software - Infrastructure subindustry, Fortinet's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

Fortinet's ROE % Adjusted to Book Value Distribution in the Software Industry

For the Software industry and Technology sector, Fortinet's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Fortinet's ROE % Adjusted to Book Value falls into.

Fortinet ROE % Adjusted to Book Value Calculation

Fortinet's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	Negative Equity	/	N/A
	=	Negative Equity

Fortinet's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2024 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	367.20%	/	64.83
	=	5.66%

Fortinet ROE % Adjusted to Book Value Related Terms

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Fortinet Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

FTNT:USA 0IR9:UK FO8:Germany FO8:Germany F1TN34:Brazil

Address

909 Kifer Road, Sunnyvale, CA, USA, 94086

Website

https://www.fortinet.com

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.