NetApp, Inc. (NTAP) PB Ratio: 23.91
Is NetApp, Inc.’s P/B ratio high or low?
NetApp, Inc.'s P/B ratio of 23.91 is in line with its 5-year average of 21.81, around the middle of its 5-year range (10.65–39.72).
The P/B ratio for NetApp, Inc. (NTAP) is 23.91. It is above its 12-month average by 10.22% (21.69).
NTAP PB Ratio Chart
NTAP Average PB Ratio Chart
NTAP Current vs Average PB Ratio Chart
NTAP PB Ratio Metrics
PB RATIO
23.91
PB RATIO AVG TTM
21.69
PB RATIO AVG 3Y
22.19
PB RATIO AVG 5Y
21.81
PB RATIO AVG 10Y
19.17
PB RATIO AVG 15Y
13.87
PB RATIO AVG 20Y
11.79
CURRENT VS TTM AVG
+10.22%
CURRENT VS 3Y AVG
+7.76%
CURRENT VS 5Y AVG
+9.64%
CURRENT VS 10Y AVG
+24.73%
CURRENT VS 15Y AVG
+72.35%
CURRENT VS 20Y AVG
+102.87%
NTAP Competitors' PB Ratio
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NetApp, Inc. (NTAP) | $31.83B | 23.91 | 21.69 | 22.19 | 21.81 |
| Twilio Inc. (TWLO) | $31.43B | 4.20 | 2.60 | 1.85 | 2.17 |
| ANSYS, Inc. (ANSS) | $32.91B | 5.34 | 4.96 | 5.20 | 6.06 |
| Ubiquiti Inc. (UI) | $33.74B | 28.09 | 50.01 | 113.38 | 686.68 |
| Roblox Corporation (RBLX) | $29.71B | 68.35 | 169.12 | 194.69 | 142.39 |
| Fiserv, Inc. (FI) | $34.31B | 1.42 | 3.54 | 3.10 | 2.76 |
| Fiserv, Inc. (FISV) | $28.41B | 1.09 | 2.01 | 2.92 | 2.64 |
| MongoDB, Inc. (MDB) | $28.01B | 9.68 | 8.58 | 16.67 | 22.10 |
| Workday, Inc. (WDAY) | $36.01B | 5.23 | 5.95 | 7.85 | 9.42 |
| Zoom Communications, Inc. (ZM) | $27.55B | 2.83 | 2.80 | 2.77 | 5.37 |
P/B vs. its own history
At 23.91, P/B is richer than usual — richer than 83% of its 20-year range.
20-year low
2.10
median
6.04
20-year high
46.30
Book Value Analysis
P/B Ratio
23.91
Market Price / Book Value per Share
NetApp, Inc. PB Ratio Formula & Definition
PB Ratio = Market Cap / Total Shareholders' Equity
The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NetApp, Inc. PB Ratio FAQ
- What is the P/B ratio for NetApp, Inc. (NTAP)?
- The P/B ratio for NTAP stock is 23.91.
- Is NetApp, Inc.'s P/B ratio high or low?
- NetApp, Inc.'s P/B ratio of 23.91 is in line with its 5-year average of 21.81, around the middle of its 5-year range (10.65–39.72).
- What is the TTM average P/B ratio for NetApp, Inc. (NTAP)?
- The TTM average P/B ratio for NTAP stock is 21.69.
- What is the 3Y average P/B ratio for NetApp, Inc. (NTAP)?
- The 3Y average P/B ratio for NTAP stock is 22.19.
- What is the 5Y average P/B ratio for NetApp, Inc. (NTAP)?
- The 5Y average P/B ratio for NTAP stock is 21.81.
- What is the 10Y average P/B ratio for NetApp, Inc. (NTAP)?
- The 10Y average P/B ratio for NTAP stock is 19.17.
- What is the 15Y average P/B ratio for NetApp, Inc. (NTAP)?
- The 15Y average P/B ratio for NTAP stock is 13.87.
- What is the 20Y average P/B ratio for NetApp, Inc. (NTAP)?
- The 20Y average P/B ratio for NTAP stock is 11.79.
NetApp, Inc. PB Ratio History
| DATE | PB RATIO |
|---|---|
| 2026-06-10 | 23.91 |
| 2026-06-09 | 24.30 |
| 2026-06-08 | 25.09 |
| 2026-06-05 | 24.60 |
| 2026-06-04 | 30.89 |
| 2026-06-03 | 31.27 |
| 2026-06-02 | 30.34 |
| 2026-06-01 | 31.04 |
| 2026-05-29 | 30.10 |
| 2026-05-28 | 24.59 |
| 2026-05-27 | 24.65 |
| 2026-05-26 | 24.00 |
| 2026-05-22 | 24.07 |
| 2026-05-21 | 21.41 |
| 2026-05-20 | 20.55 |
| 2026-05-19 | 20.83 |
| 2026-05-18 | 20.83 |
| 2026-05-15 | 20.71 |
| 2026-05-14 | 20.71 |
| 2026-05-13 | 20.48 |
| 2026-05-12 | 20.07 |
| 2026-05-11 | 20.33 |
| 2026-05-08 | 20.38 |
| 2026-05-07 | 19.52 |
| 2026-05-06 | 19.30 |
| 2026-05-05 | 19.71 |
| 2026-05-04 | 19.16 |
| 2026-05-01 | 19.36 |
| 2026-04-30 | 19.13 |
| 2026-04-29 | 18.77 |
| 2026-04-28 | 18.70 |
| 2026-04-27 | 18.73 |
| 2026-04-24 | 18.78 |
| 2026-04-23 | 18.72 |
| 2026-04-22 | 19.17 |
| 2026-04-21 | 19.31 |
| 2026-04-20 | 18.44 |
| 2026-04-17 | 18.05 |
| 2026-04-16 | 17.91 |
| 2026-04-15 | 17.33 |
| 2026-04-14 | 17.08 |
| 2026-04-13 | 16.99 |
| 2026-04-10 | 16.57 |
| 2026-04-09 | 16.52 |
| 2026-04-08 | 17.18 |
| 2026-04-07 | 16.86 |
| 2026-04-06 | 17.43 |
| 2026-04-02 | 17.85 |
| 2026-04-01 | 17.62 |
| 2026-03-31 | 17.68 |
| 2026-03-30 | 17.47 |
| 2026-03-27 | 17.68 |
| 2026-03-26 | 18.04 |
| 2026-03-25 | 18.22 |
| 2026-03-24 | 18.02 |
| 2026-03-23 | 17.50 |
| 2026-03-20 | 17.46 |
| 2026-03-19 | 17.80 |
| 2026-03-18 | 17.40 |
| 2026-03-17 | 17.60 |
| 2026-03-16 | 17.66 |
| 2026-03-13 | 17.04 |
| 2026-03-12 | 16.74 |
| 2026-03-11 | 16.85 |
| 2026-03-10 | 16.74 |
| 2026-03-09 | 17.38 |
| 2026-03-06 | 17.45 |
| 2026-03-05 | 17.64 |
| 2026-03-04 | 17.19 |
| 2026-03-03 | 17.06 |
| 2026-03-02 | 17.30 |
| 2026-02-27 | 17.10 |
| 2026-02-26 | 17.12 |
| 2026-02-25 | 20.87 |
| 2026-02-24 | 20.46 |
| 2026-02-23 | 20.60 |
| 2026-02-20 | 20.99 |
| 2026-02-19 | 20.81 |
| 2026-02-18 | 20.76 |
| 2026-02-17 | 20.71 |
| 2026-02-13 | 20.98 |
| 2026-02-12 | 20.12 |
| 2026-02-11 | 21.70 |
| 2026-02-10 | 21.64 |
| 2026-02-09 | 21.24 |
| 2026-02-06 | 21.17 |
| 2026-02-05 | 20.40 |
| 2026-02-04 | 20.60 |
| 2026-02-03 | 19.56 |
| 2026-02-02 | 19.97 |
| 2026-01-30 | 19.74 |
| 2026-01-29 | 20.14 |
| 2026-01-28 | 20.35 |
| 2026-01-27 | 20.46 |
| 2026-01-26 | 20.24 |
| 2026-01-23 | 19.96 |
| 2026-01-22 | 20.33 |
| 2026-01-21 | 19.89 |
| 2026-01-20 | 19.28 |
| 2026-01-16 | 21.27 |
| 2026-01-15 | 22.21 |
| 2026-01-14 | 22.06 |
| 2026-01-13 | 21.98 |
| 2026-01-12 | 21.93 |
| 2026-01-09 | 21.59 |
| 2026-01-08 | 21.62 |
| 2026-01-07 | 21.37 |
| 2026-01-06 | 21.84 |
| 2026-01-05 | 21.53 |
| 2026-01-02 | 21.81 |
| 2025-12-31 | 21.94 |
| 2025-12-30 | 22.21 |
| 2025-12-29 | 22.41 |
| 2025-12-26 | 22.64 |
| 2025-12-24 | 22.55 |
| 2025-12-23 | 22.50 |
| 2025-12-22 | 22.72 |
| 2025-12-19 | 22.92 |
| 2025-12-18 | 22.64 |
| 2025-12-17 | 22.73 |
| 2025-12-16 | 23.17 |
| 2025-12-15 | 23.38 |
| 2025-12-12 | 23.70 |
| 2025-12-11 | 24.40 |
| 2025-12-10 | 24.46 |
| 2025-12-09 | 24.03 |
| 2025-12-08 | 24.08 |
| 2025-12-05 | 24.02 |
| 2025-12-04 | 23.76 |
| 2025-12-03 | 23.49 |
| 2025-12-02 | 23.73 |
| 2025-12-01 | 23.00 |
| 2025-11-28 | 22.86 |
| 2025-11-26 | 22.38 |
| 2025-11-25 | 22.84 |
| 2025-11-24 | 22.69 |
| 2025-11-21 | 22.34 |
| 2025-11-20 | 21.50 |
| 2025-11-19 | 22.13 |
| 2025-11-18 | 22.15 |
| 2025-11-17 | 22.24 |
| 2025-11-14 | 22.79 |
| 2025-11-13 | 22.82 |
| 2025-11-12 | 23.23 |
| 2025-11-11 | 22.99 |
| 2025-11-10 | 23.42 |
| 2025-11-07 | 23.52 |
| 2025-11-06 | 23.69 |
| 2025-11-05 | 24.09 |
| 2025-11-04 | 23.60 |
| 2025-11-03 | 24.35 |
| 2025-10-31 | 24.52 |
| 2025-10-30 | 24.06 |
| 2025-10-29 | 23.76 |
| 2025-10-28 | 24.13 |
| 2025-10-27 | 24.40 |
| 2025-10-24 | 24.29 |
| 2025-10-23 | 24.52 |
| 2025-10-22 | 24.31 |
| 2025-10-21 | 24.79 |
| 2025-10-20 | 24.41 |
| 2025-10-17 | 24.79 |
| 2025-10-16 | 24.86 |
| 2025-10-15 | 25.29 |
| 2025-10-14 | 25.10 |
| 2025-10-13 | 24.75 |
| 2025-10-10 | 23.72 |
| 2025-10-09 | 25.05 |
| 2025-10-08 | 25.36 |
| 2025-10-07 | 24.57 |
| 2025-10-06 | 25.07 |
| 2025-10-03 | 24.72 |
| 2025-10-02 | 25.00 |
| 2025-10-01 | 24.67 |
| 2025-09-30 | 24.66 |
| 2025-09-29 | 24.69 |
| 2025-09-26 | 24.96 |
| 2025-09-25 | 25.15 |
| 2025-09-24 | 25.66 |
| 2025-09-23 | 25.70 |
| 2025-09-22 | 25.94 |
| 2025-09-19 | 26.06 |
| 2025-09-18 | 26.31 |
| 2025-09-17 | 25.80 |
| 2025-09-16 | 25.69 |
| 2025-09-15 | 25.85 |
| 2025-09-12 | 25.82 |
| 2025-09-11 | 26.04 |
| 2025-09-10 | 25.72 |
| 2025-09-09 | 25.63 |
| 2025-09-08 | 25.23 |
| 2025-09-05 | 24.72 |
| 2025-09-04 | 24.74 |
| 2025-09-03 | 24.25 |
| 2025-09-02 | 24.02 |
| 2025-08-29 | 23.48 |
| 2025-08-28 | 24.41 |
| 2025-08-27 | 23.35 |
| 2025-08-26 | 21.67 |
| 2025-08-25 | 21.99 |
| 2025-08-22 | 21.89 |
| 2025-08-21 | 21.35 |
| 2025-08-20 | 21.48 |
| 2025-08-19 | 21.62 |
| 2025-08-18 | 21.57 |
| 2025-08-15 | 21.55 |
| 2025-08-14 | 21.70 |
| 2025-08-13 | 21.67 |
| 2025-08-12 | 21.35 |
| 2025-08-11 | 20.97 |
| 2025-08-08 | 21.04 |
| 2025-08-07 | 20.57 |
| 2025-08-06 | 20.47 |
| 2025-08-05 | 20.21 |
| 2025-08-04 | 20.45 |
| 2025-08-01 | 20.03 |
| 2025-07-31 | 20.63 |
| 2025-07-30 | 20.74 |
| 2025-07-29 | 21.01 |
| 2025-07-28 | 21.18 |
| 2025-07-25 | 20.79 |
| 2025-07-24 | 20.73 |
| 2025-07-23 | 20.97 |
| 2025-07-22 | 20.79 |
| 2025-07-21 | 21.29 |
| 2025-07-18 | 21.47 |
| 2025-07-17 | 21.24 |
| 2025-07-16 | 20.63 |
| 2025-07-15 | 20.50 |
| 2025-07-14 | 20.73 |
| 2025-07-11 | 20.85 |
| 2025-07-10 | 21.08 |
| 2025-07-09 | 21.13 |
| 2025-07-08 | 21.13 |
| 2025-07-07 | 20.90 |
| 2025-07-03 | 21.25 |
| 2025-07-02 | 21.32 |
| 2025-07-01 | 21.13 |
| 2025-06-30 | 21.11 |
| 2025-06-27 | 20.94 |
| 2025-06-26 | 20.75 |
| 2025-06-25 | 20.83 |
| 2025-06-24 | 21.02 |
| 2025-06-23 | 20.65 |
| 2025-06-20 | 20.34 |
| 2025-06-18 | 20.35 |
| 2025-06-17 | 20.44 |
| 2025-06-16 | 20.64 |
| 2025-06-13 | 19.90 |
| 2025-06-12 | 20.39 |
| 2025-06-11 | 20.33 |
| 2025-06-10 | 20.30 |
| 2025-06-09 | 20.41 |
| 2025-06-06 | 22.21 |
| 2025-06-05 | 21.87 |
| 2025-06-04 | 21.69 |
| 2025-06-03 | 21.67 |
| 2025-06-02 | 20.65 |
| 2025-05-30 | 20.73 |
| 2025-05-29 | 20.74 |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
Related Metrics
About NetApp, Inc.
NetApp, Inc. is a technology company focused on providing cloud-centric and data-driven services that enable businesses worldwide to efficiently manage and share their information across on-premises infrastructure, private cloud setups, and public cloud platforms. The company's operations are divided into two key segments: Hybrid Cloud and Public Cloud. NetApp offers an extensive suite of intelligent data management software, including its foundational NetApp ONTAP, NetApp Snapshot for data protection, NetApp SnapCenter for backup management, NetApp SnapMirror for data replication, NetApp SnapLock for data compliance, NetApp ElementOS software, and NetApp SANtricity software. Its storage infrastructure solutions comprise the NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod integrated systems, NetApp E/EF series, NetApp StorageGRID object storage, and NetApp SolidFire solutions. For cloud environments, NetApp delivers a wide array of cloud storage and data services such as NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, and NetApp Cloud Volumes Service for Google Cloud. These are augmented by services like NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense for analytics, and NetApp Cloud Volumes Edge Cache. The company also provides cloud operations services, which include NetApp Cloud Insights, the Spot Ocean Kubernetes Suite, Spot Security, Spot Eco for cost optimization, and Spot CloudCheckr. Moreover, NetApp offers application-aware data management solutions under its NetApp Astra brand. Its service portfolio is rounded out by comprehensive professional and support services, encompassing strategic consulting, managed services, and dedicated support, in addition to assessment, design, implementation, and migration services. NetApp serves a broad spectrum of industries globally, including energy, financial services, government, technology, internet, life sciences, healthcare, manufacturing, media, entertainment, animation, video post-production, and telecommunications. The company reaches its clientele through a direct sales force and a robust network of partners. NetApp, Inc. was founded in 1992 and is headquartered in San Jose, California.
- Sector
- Technology
- Industry
- Computer Hardware
- CEO
- George Kurian