PE Ratio: 27.24

Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/E ratio high or low?

The P/E ratio of 27.24 is 40% above its 5-year average of 19.49, near the high end of its 5-year range (8.80–32.56).

As of 2026-09-15T14:06:39.127Z. 26.84% above its 12-month average of 21.48.

PE Ratio (27.24) = Close Price ($193.16) / Diluted TTM EPS ($7.09)

NTAP PE Ratio Metrics

P/E vs. its own history

At 27.2, P/E is near its 20-year median — higher than 63% of readings in its 20-year history.

P/E Comparison

PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PE Ratio FAQ

What is the P/E ratio for NetApp, Inc. (NTAP)?

The P/E ratio for NTAP stock is 27.24.

Is NetApp, Inc.'s P/E ratio high or low?

The P/E ratio of 27.24 is 40% above its 5-year average of 19.49, near the high end of its 5-year range (8.80–32.56).

What is the TTM average P/E ratio for NetApp, Inc. (NTAP)?

The TTM average P/E ratio for NTAP stock is 21.48.

What is the 3Y average P/E ratio for NetApp, Inc. (NTAP)?

The 3Y average P/E ratio for NTAP stock is 21.69.

What is the 5Y average P/E ratio for NetApp, Inc. (NTAP)?

The 5Y average P/E ratio for NTAP stock is 19.49.

What is the 10Y average P/E ratio for NetApp, Inc. (NTAP)?

The 10Y average P/E ratio for NTAP stock is 20.36.

What is the 15Y average P/E ratio for NetApp, Inc. (NTAP)?

The 15Y average P/E ratio for NTAP stock is 21.40.

What is the 20Y average P/E ratio for NetApp, Inc. (NTAP)?

The 20Y average P/E ratio for NTAP stock is 23.74.

Showing the most recent 260 of 4,951 data points. The chart above shows the full history.

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