PE Ratio: 27.36

Basis: Latest stored market observation. 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 27.36 is 41% above its 5-year average of 19.39, near the high end of its 5-year range (8.80–30.28).

As of Friday, July 31, 2026. 38.23% above its 12-month average of 19.79.

PE Ratio (27.36) = Close Price ($178.50) / Diluted TTM EPS ($6.52)

NTAP PE Ratio Metrics

P/E vs. its own history

At 27.4, P/E is in its normal range, sitting higher than 63% of 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 27.36.

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

The P/E ratio of 27.36 is 41% above its 5-year average of 19.39, near the high end of its 5-year range (8.80–30.28).

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

The TTM average P/E ratio for NTAP stock is 19.79.

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

The 3Y average P/E ratio for NTAP stock is 21.06.

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

The 5Y average P/E ratio for NTAP stock is 19.39.

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

The 10Y average P/E ratio for NTAP stock is 20.33.

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

The 15Y average P/E ratio for NTAP stock is 21.35.

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

The 20Y average P/E ratio for NTAP stock is 23.96.

Showing the most recent 260 of 4,950 data points. The chart above shows the full history.

Related Metrics