PB Ratio: 9.90

Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/B ratio high or low?

The P/B ratio of 9.90 is 80% below its 5-year average of 48.43, near the low end of its 5-year range (7.01–524.15).

As of Friday, September 4, 2026. 28.84% below its 12-month average of 13.91.

PANW PB Ratio Metrics

P/B vs. its own history

At 9.90, P/B is below its 14-year median — higher than 2% of readings in its 14-year history.

Book Value Analysis

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

PB Ratio FAQ

What is the P/B ratio for Palo Alto Networks, Inc. (PANW)?

The P/B ratio for PANW stock is 9.90.

Is Palo Alto Networks, Inc.'s P/B ratio high or low?

The P/B ratio of 9.90 is 80% below its 5-year average of 48.43, near the low end of its 5-year range (7.01–524.15).

What is the TTM average P/B ratio for Palo Alto Networks, Inc. (PANW)?

The TTM average P/B ratio for PANW stock is 13.91.

What is the 3Y average P/B ratio for Palo Alto Networks, Inc. (PANW)?

The 3Y average P/B ratio for PANW stock is 19.14.

What is the 5Y average P/B ratio for Palo Alto Networks, Inc. (PANW)?

The 5Y average P/B ratio for PANW stock is 48.43.

What is the 10Y average P/B ratio for Palo Alto Networks, Inc. (PANW)?

The 10Y average P/B ratio for PANW stock is 26.84.

What is the 15Y average P/B ratio for Palo Alto Networks, Inc. (PANW)?

The 15Y average P/B ratio for PANW stock is 19.89.

Showing the most recent 260 of 3,499 data points. The chart above shows the full history.

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