PE Ratio: 26.37

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 26.37 is 36% above its 5-year average of 19.38, near the high end of its 5-year range (8.80–30.28).

As of Sunday, July 26, 2026. 34.27% above its 12-month average of 19.64.

PE Ratio (26.37) = Close Price ($167.74) / Diluted TTM EPS ($6.36)

NTAP PE Ratio Metrics

P/E vs. its own history

At 26.4, P/E is in its normal range, sitting higher than 59% 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 26.37.

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

The P/E ratio of 26.37 is 36% above its 5-year average of 19.38, 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 19.64.

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

The 3Y average P/E ratio for NTAP stock is 20.98.

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

The 5Y average P/E ratio for NTAP stock is 19.38.

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

The 10Y average P/E ratio for NTAP stock is 20.35.

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

The 15Y average P/E ratio for NTAP stock is 21.36.

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

The 20Y average P/E ratio for NTAP stock is 23.99.

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

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