PB Ratio: 9.36

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 9.36 is 81% below its estimated 5-year average of 48.39, near the low end of its estimated 5-year range (7.01–524.15).

As of Tuesday, September 8, 2026. 32.45% below its estimated 12-month average of 13.86.

PANW PB Ratio Metrics

P/B vs. estimated history

At 9.36, P/B is below its estimated 14-year median — higher than 1% of readings in its estimated 14-year history.

Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.

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 9.36.

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

The P/B ratio of 9.36 is 81% below its estimated 5-year average of 48.39, near the low end of its estimated 5-year range (7.01–524.15).

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

The estimated TTM average P/B ratio for PANW stock is 13.86.

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

The estimated 3Y average P/B ratio for PANW stock is 19.12.

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

The estimated 5Y average P/B ratio for PANW stock is 48.39.

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

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

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

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

Showing the most recent 260 of 3,500 data points. The chart above shows the full history.

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