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NetApp, Inc. (NTAP)
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NetApp, Inc. (NTAP) PE Ratio: 25.94

popular:market cap|pe ratio|revenue|price history|total return

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

NetApp, Inc.'s P/E ratio of 25.94 is 34% above its 5-year average of 19.41, near the high end of its 5-year range (8.80–31.68).

The P/E ratio for NetApp, Inc. (NTAP) is 25.94 as of Tuesday, June 9, 2026. It is above its 12-month average by 34.49% (19.29).

PE Ratio (25.94) = Close Price ($165.00) / Diluted TTM EPS ($6.36)

PEG Ratio|P/B Ratio|EPS|All Metrics

NTAP PE Ratio Chart

NTAP PE Ratio
25.94+43.00% 1Y
Zoom

NTAP Average PE Ratio Chart

NTAP Current vs Average PE Ratio Chart

NTAP PE Ratio Metrics

PE RATIO

25.94

PE RATIO AVG TTM

19.29

PE RATIO AVG 3Y

20.49

PE RATIO AVG 5Y

19.41

PE RATIO AVG 10Y

29.51

PE RATIO AVG 15Y

27.42

PE RATIO AVG 20Y

31.94

CURRENT VS TTM AVG

+34.49%

CURRENT VS 3Y AVG

+26.60%

CURRENT VS 5Y AVG

+33.64%

CURRENT VS 10Y AVG

-12.08%

CURRENT VS 15Y AVG

-5.41%

CURRENT VS 20Y AVG

-18.79%

NTAP Competitors' PE Ratio

NAMEMARKET CAPPE RATIOTTM3Y5Y
NetApp, Inc. (NTAP)—25.9419.2920.4919.41
ANSYS, Inc. (ANSS)$32.91B55.5353.0853.0358.81
Twilio Inc. (TWLO)$31.07B319.83556.22556.22556.22
Roblox Corporation (RBLX)$30.79BN/AN/AN/AN/A
Fiserv, Inc. (FISV)$28.81B9.1615.4926.5233.62
Workday, Inc. (WDAY)$36.73B43.8288.78517.531010.80
Zoom Communications, Inc. (ZM)$28.39B14.2418.655872.784211.04
MongoDB, Inc. (MDB)$27.37BN/AN/AN/AN/A
Splunk Inc. (SPLK)$26.44B104.60312.73312.73312.73
VeriSign, Inc. (VRSN)$25.83B31.3730.6528.0429.90

P/E vs. its own history

At 25.9, P/E is in its normal range — richer than 57% of its 20-year range.

20-year low

8.3

median

24.1

20-year high

360.7

cheaperricher

P/E Comparison

Trailing P/E

25.9

Forward P/E

20.7

Forward P/E Calculation

View All Analyst Estimates

Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.

Calculation:

Current Price

$165.00

÷

Forward EPS (Est.)

$7.98

=

Forward P/E

20.67

Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.

NetApp, Inc. 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

NetApp, Inc. PE Ratio FAQ

What is the P/E ratio for NetApp, Inc. (NTAP)?
The P/E ratio for NTAP stock is 25.94.
Is NetApp, Inc.'s P/E ratio high or low?
NetApp, Inc.'s P/E ratio of 25.94 is 34% above its 5-year average of 19.41, near the high end of its 5-year range (8.80–31.68).
What is the TTM average P/E ratio for NetApp, Inc. (NTAP)?
The TTM average P/E ratio for NTAP stock is 19.29.
What is the 3Y average P/E ratio for NetApp, Inc. (NTAP)?
The 3Y average P/E ratio for NTAP stock is 20.49.
What is the 5Y average P/E ratio for NetApp, Inc. (NTAP)?
The 5Y average P/E ratio for NTAP stock is 19.41.
What is the 10Y average P/E ratio for NetApp, Inc. (NTAP)?
The 10Y average P/E ratio for NTAP stock is 29.51.
What is the 15Y average P/E ratio for NetApp, Inc. (NTAP)?
The 15Y average P/E ratio for NTAP stock is 27.42.
What is the 20Y average P/E ratio for NetApp, Inc. (NTAP)?
The 20Y average P/E ratio for NTAP stock is 31.94.

NetApp, Inc. PE Ratio History

DATEPE RATIO
2026-06-0925.94
2026-06-0826.78
2026-06-0526.26
2026-06-0429.91
2026-06-0330.28
2026-06-0229.37
2026-06-0130.05
2026-05-2929.15
2026-05-2823.81
2026-05-2723.87
2026-05-2623.24
2026-05-2223.30
2026-05-2120.73
2026-05-2019.89
2026-05-1920.17
2026-05-1820.17
2026-05-1520.06
2026-05-1420.06
2026-05-1319.83
2026-05-1219.44
2026-05-1119.69
2026-05-0819.73
2026-05-0718.90
2026-05-0618.69
2026-05-0519.09
2026-05-0418.55
2026-05-0118.74
2026-04-3018.52
2026-04-2918.17
2026-04-2818.11
2026-04-2718.13
2026-04-2418.18
2026-04-2318.13
2026-04-2218.57
2026-04-2118.70
2026-04-2017.86
2026-04-1717.48
2026-04-1617.34
2026-04-1516.78
2026-04-1416.54
2026-04-1316.45
2026-04-1016.04
2026-04-0916.00
2026-04-0816.63
2026-04-0716.32
2026-04-0616.87
2026-04-0217.28
2026-04-0117.06
2026-03-3117.12
2026-03-3016.92
2026-03-2717.11
2026-03-2617.47
2026-03-2517.64
2026-03-2417.44
2026-03-2316.94
2026-03-2016.91
2026-03-1917.24
2026-03-1816.85
2026-03-1717.04
2026-03-1617.10
2026-03-1316.50
2026-03-1216.21
2026-03-1116.32
2026-03-1016.21
2026-03-0916.82
2026-03-0616.90
2026-03-0517.08
2026-03-0416.65
2026-03-0316.52
2026-03-0216.75
2026-02-2716.56
2026-02-2616.58
2026-02-2517.72
2026-02-2417.37
2026-02-2317.48
2026-02-2017.82
2026-02-1917.67
2026-02-1817.62
2026-02-1717.58
2026-02-1317.81
2026-02-1217.08
2026-02-1118.42
2026-02-1018.37
2026-02-0918.03
2026-02-0617.97
2026-02-0517.32
2026-02-0417.48
2026-02-0316.61
2026-02-0216.95
2026-01-3016.76
2026-01-2917.10
2026-01-2817.27
2026-01-2717.37
2026-01-2617.18
2026-01-2316.94
2026-01-2217.26
2026-01-2116.89
2026-01-2016.37
2026-01-1618.06
2026-01-1518.85
2026-01-1418.73
2026-01-1318.66
2026-01-1218.61
2026-01-0918.33
2026-01-0818.36
2026-01-0718.14
2026-01-0618.54
2026-01-0518.27
2026-01-0218.52
2025-12-3118.62
2025-12-3018.86
2025-12-2919.03
2025-12-2619.22
2025-12-2419.14
2025-12-2319.10
2025-12-2219.29
2025-12-1919.46
2025-12-1819.22
2025-12-1719.30
2025-12-1619.67
2025-12-1519.85
2025-12-1220.11
2025-12-1120.71
2025-12-1020.76
2025-12-0920.40
2025-12-0820.44
2025-12-0520.39
2025-12-0420.17
2025-12-0319.94
2025-12-0220.14
2025-12-0119.53
2025-11-2819.40
2025-11-2619.00
2025-11-2519.39
2025-11-2419.25
2025-11-2118.96
2025-11-2018.24
2025-11-1918.78
2025-11-1818.80
2025-11-1718.87
2025-11-1419.34
2025-11-1319.36
2025-11-1219.71
2025-11-1119.51
2025-11-1019.88
2025-11-0719.96
2025-11-0620.10
2025-11-0520.44
2025-11-0420.02
2025-11-0320.66
2025-10-3120.81
2025-10-3020.42
2025-10-2920.16
2025-10-2820.48
2025-10-2720.70
2025-10-2420.61
2025-10-2320.81
2025-10-2220.63
2025-10-2121.04
2025-10-2020.71
2025-10-1721.04
2025-10-1621.10
2025-10-1521.46
2025-10-1421.30
2025-10-1321.00
2025-10-1020.13
2025-10-0921.26
2025-10-0821.52
2025-10-0720.85
2025-10-0621.28
2025-10-0320.98
2025-10-0221.21
2025-10-0120.94
2025-09-3020.93
2025-09-2920.95
2025-09-2621.18
2025-09-2521.34
2025-09-2421.78
2025-09-2321.81
2025-09-2222.02
2025-09-1922.11
2025-09-1822.33
2025-09-1721.89
2025-09-1621.80
2025-09-1521.94
2025-09-1221.91
2025-09-1122.10
2025-09-1021.83
2025-09-0921.75
2025-09-0821.41
2025-09-0520.98
2025-09-0420.99
2025-09-0320.58
2025-09-0220.38
2025-08-2919.93
2025-08-2820.71
2025-08-2719.81
2025-08-2619.26
2025-08-2519.54
2025-08-2219.46
2025-08-2118.98
2025-08-2019.09
2025-08-1919.22
2025-08-1819.17
2025-08-1519.15
2025-08-1419.29
2025-08-1319.26
2025-08-1218.98
2025-08-1118.64
2025-08-0818.70
2025-08-0718.28
2025-08-0618.19
2025-08-0517.96
2025-08-0418.17
2025-08-0117.80
2025-07-3118.33
2025-07-3018.43
2025-07-2918.68
2025-07-2818.82
2025-07-2518.48
2025-07-2418.43
2025-07-2318.64
2025-07-2218.48
2025-07-2118.92
2025-07-1819.08
2025-07-1718.88
2025-07-1618.34
2025-07-1518.22
2025-07-1418.43
2025-07-1118.53
2025-07-1018.74
2025-07-0918.78
2025-07-0818.78
2025-07-0718.57
2025-07-0318.88
2025-07-0218.95
2025-07-0118.78
2025-06-3018.76
2025-06-2718.61
2025-06-2618.44
2025-06-2518.52
2025-06-2418.68
2025-06-2318.36
2025-06-2018.08
2025-06-1818.09
2025-06-1718.17
2025-06-1618.35
2025-06-1317.69
2025-06-1218.12
2025-06-1118.07
2025-06-1018.05
2025-06-0918.14
2025-06-0619.68
2025-06-0519.37
2025-06-0419.21
2025-06-0319.20
2025-06-0218.29
2025-05-3018.36
2025-05-2918.37
2025-05-2818.46

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

Related Metrics

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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.

San Jose, CA
11,800 employees
www.netapp.com
Technology / Computer Hardware
Sector
Technology
Industry
Computer Hardware
CEO
George Kurian
View full financials