Price to Earnings (P/E)
since 2014
Calculation
Arista Networks Inc., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 13, 2024 | 39.77 | = | 265.51 | ÷ | 6.68 | 6.68 | = | 2,087,321 | ÷ | 312,633,612 | |
| Feb 14, 2023 | 32.05 | = | 141.46 | ÷ | 4.41 | 4.41 | = | 1,352,446 | ÷ | 306,395,384 | |
| Feb 15, 2022 | 47.56 | = | 129.94 | ÷ | 2.73 | 2.73 | = | 840,854 | ÷ | 307,766,578 | |
| Feb 19, 2021 | 37.41 | = | 77.74 | ÷ | 2.08 | 2.08 | = | 634,557 | ÷ | 305,326,292 | |
| Feb 14, 2020 | 19.88 | = | 55.87 | ÷ | 2.81 | 2.81 | = | 859,867 | ÷ | 305,916,908 | |
| Feb 15, 2019 | 60.92 | = | 65.99 | ÷ | 1.08 | 1.08 | = | 328,115 | ÷ | 302,923,492 | |
| Feb 20, 2018 | 43.58 | = | 62.41 | ÷ | 1.43 | 1.43 | = | 423,201 | ÷ | 295,501,508 | |
| Feb 17, 2017 | 45.91 | = | 29.77 | ÷ | 0.65 | 0.65 | = | 184,189 | ÷ | 284,045,280 | |
| Feb 25, 2016 | 38.16 | = | 16.92 | ÷ | 0.44 | 0.44 | = | 121,102 | ÷ | 273,095,720 | |
| Mar 12, 2015 | 52.57 | = | 17.23 | ÷ | 0.33 | 0.33 | = | 86,850 | ÷ | 264,978,200 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Arista Networks Inc. Annual Report.
Comparison to Competitors
Arista Networks Inc., P/E, long-term trends, comparison to competitors
| Arista Networks Inc. | Apple Inc. | Cisco Systems Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|
| Feb 13, 2024 | 39.77 | 28.33 | 18.26 | 21.10 |
| Feb 14, 2023 | 32.05 | 24.82 | 15.78 | 12.72 |
| Feb 15, 2022 | 47.56 | 25.96 | 23.34 | 16.15 |
| Feb 19, 2021 | 37.41 | 32.24 | 15.46 | 17.04 |
| Feb 14, 2020 | 19.88 | 20.00 | 17.69 | 15.81 |
| Feb 15, 2019 | 60.92 | 16.07 | 1,964.84 | 24.38 |
| Feb 20, 2018 | 43.58 | 18.32 | 16.37 | 14.85 |
| Feb 17, 2017 | 45.91 | 13.49 | 14.69 | 14.46 |
| Feb 25, 2016 | 38.16 | 12.46 | 14.82 | 12.64 |
| Mar 12, 2015 | 52.57 | 15.60 | 16.14 | 22.18 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
Comparison to Sector (Technology Hardware & Equipment)
Arista Networks Inc., P/E, long-term trends, comparison to sector (technology hardware & equipment)
| Arista Networks Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Feb 13, 2024 | 39.77 | 27.37 |
| Feb 14, 2023 | 32.05 | 23.94 |
| Feb 15, 2022 | 47.56 | 25.86 |
| Feb 19, 2021 | 37.41 | 29.55 |
| Feb 14, 2020 | 19.88 | 19.60 |
| Feb 15, 2019 | 60.92 | 19.89 |
| Feb 20, 2018 | 43.58 | 18.18 |
| Feb 17, 2017 | 45.91 | 13.83 |
| Feb 25, 2016 | 38.16 | 12.84 |
| Mar 12, 2015 | 52.57 | 15.77 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
Comparison to Industry (Information Technology)
Arista Networks Inc., P/E, long-term trends, comparison to industry (information technology)
| Arista Networks Inc. | Information Technology | |
|---|---|---|
| Feb 13, 2024 | 39.77 | 35.72 |
| Feb 14, 2023 | 32.05 | 27.05 |
| Feb 15, 2022 | 47.56 | 29.31 |
| Feb 19, 2021 | 37.41 | 31.09 |
| Feb 14, 2020 | 19.88 | 22.67 |
| Feb 15, 2019 | 60.92 | 23.23 |
| Feb 20, 2018 | 43.58 | 23.57 |
| Feb 17, 2017 | 45.91 | 19.57 |
| Feb 25, 2016 | 38.16 | 16.46 |
| Mar 12, 2015 | 52.57 | 17.02 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).