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NetApp (MIC:NTAP-RM) Shiller PE Ratio : (As of Jul. 23, 2025)


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What is NetApp Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


NetApp Shiller PE Ratio Historical Data

The historical data trend for NetApp's Shiller PE 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.

NetApp Shiller PE Ratio Chart

NetApp Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.32 27.65 19.72 29.04 22.80

NetApp Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Shiller PE 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 29.04 35.15 31.15 32.19 22.80

Competitive Comparison of NetApp's Shiller PE Ratio

For the Computer Hardware subindustry, NetApp's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


NetApp's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, NetApp's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where NetApp's Shiller PE Ratio falls into.


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NetApp Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

NetApp's E10 for the quarter that ended in Apr. 2025 is calculated as:

For example, NetApp's adjusted earnings per share data for the three months ended in Apr. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=135.293/135.3468*135.3468
=135.293

Current CPI (Apr. 2025) = 135.3468.

NetApp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201507 -5.968 100.691 -8.022
201510 25.034 100.346 33.766
201601 39.806 99.957 53.899
201604 -1.937 100.947 -2.597
201607 15.314 101.524 20.416
201610 23.956 101.988 31.792
201701 31.054 102.456 41.023
201704 38.741 103.167 50.825
201707 27.955 103.278 36.635
201710 36.477 104.070 47.440
201801 -100.809 104.578 -130.469
201804 61.697 105.708 78.996
201807 65.317 106.324 83.146
201810 59.580 106.695 75.580
201901 64.106 106.200 81.700
201904 102.447 107.818 128.604
201907 26.666 108.250 33.341
201910 65.663 108.577 81.852
202001 76.467 108.841 95.089
202004 64.298 108.173 80.450
202007 25.663 109.318 31.774
202010 48.091 109.861 59.248
202101 60.933 110.364 74.726
202104 109.105 112.673 131.061
202107 64.192 115.183 75.429
202110 71.360 116.696 82.765
202201 82.433 118.619 94.058
202204 94.065 121.978 104.374
202207 53.050 125.002 57.440
202210 201.446 125.734 216.847
202301 22.189 126.223 23.793
202304 83.580 127.992 88.383
202307 61.272 128.974 64.299
202310 106.124 129.810 110.651
202401 132.239 130.124 137.546
202404 126.399 132.289 129.320
202407 102.215 132.708 104.248
202410 132.955 133.182 135.116
202501 141.833 134.029 143.228
202504 135.293 135.347 135.293

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


NetApp  (MIC:NTAP-RM) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


NetApp Shiller PE Ratio Related Terms

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NetApp Business Description

Traded in Other Exchanges
Address
3060 Olsen Drive, San Jose, CA, USA, 95128
NetApp Inc is a provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services.

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