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 | = | 66.38 | ÷ | 1.67 | 1.67 | = | 2,087,321 | ÷ | 1,250,534,448 | |
| Feb 14, 2023 | 32.05 | = | 35.37 | ÷ | 1.10 | 1.10 | = | 1,352,446 | ÷ | 1,225,581,536 | |
| Feb 15, 2022 | 47.57 | = | 32.49 | ÷ | 0.68 | 0.68 | = | 840,854 | ÷ | 1,231,066,312 | |
| Feb 19, 2021 | 37.42 | = | 19.44 | ÷ | 0.52 | 0.52 | = | 634,557 | ÷ | 1,221,305,168 | |
| Feb 14, 2020 | 19.88 | = | 13.97 | ÷ | 0.70 | 0.70 | = | 859,867 | ÷ | 1,223,667,632 | |
| Feb 15, 2019 | 60.93 | = | 16.50 | ÷ | 0.27 | 0.27 | = | 328,115 | ÷ | 1,211,693,968 | |
| Feb 20, 2018 | 43.57 | = | 15.60 | ÷ | 0.36 | 0.36 | = | 423,201 | ÷ | 1,182,006,032 | |
| Feb 17, 2017 | 45.89 | = | 7.44 | ÷ | 0.16 | 0.16 | = | 184,189 | ÷ | 1,136,181,120 | |
| Feb 25, 2016 | 38.16 | = | 4.23 | ÷ | 0.11 | 0.11 | = | 121,102 | ÷ | 1,092,382,880 | |
| Mar 12, 2015 | 52.60 | = | 4.31 | ÷ | 0.08 | 0.08 | = | 86,850 | ÷ | 1,059,912,800 |
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. | Dell Technologies Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|---|
| Feb 13, 2024 | 39.77 | 28.33 | 18.26 | 11.94 | 21.10 |
| Feb 14, 2023 | 32.05 | 24.82 | 15.78 | 7.31 | 12.72 |
| Feb 15, 2022 | 47.57 | 25.96 | 23.34 | 20.88 | 16.15 |
| Feb 19, 2021 | 37.42 | 32.24 | 15.46 | 6.21 | 17.04 |
| Feb 14, 2020 | 19.88 | 20.00 | 17.69 | — | 15.81 |
| Feb 15, 2019 | 60.93 | 16.07 | 1,964.84 | — | 24.38 |
| Feb 20, 2018 | 43.57 | 18.32 | 16.37 | — | 14.85 |
| Feb 17, 2017 | 45.89 | 13.49 | 14.69 | — | 14.46 |
| Feb 25, 2016 | 38.16 | 12.46 | 14.82 | — | 12.64 |
| Mar 12, 2015 | 52.60 | 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 | 27.04 |
| Feb 14, 2023 | 32.05 | 23.16 |
| Feb 15, 2022 | 47.57 | 25.71 |
| Feb 19, 2021 | 37.42 | 28.10 |
| Feb 14, 2020 | 19.88 | 20.94 |
| Feb 15, 2019 | 60.93 | 19.89 |
| Feb 20, 2018 | 43.57 | 18.18 |
| Feb 17, 2017 | 45.89 | 13.83 |
| Feb 25, 2016 | 38.16 | 12.84 |
| Mar 12, 2015 | 52.60 | 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 | 35.75 |
| Feb 14, 2023 | 32.05 | 26.65 |
| Feb 15, 2022 | 47.57 | 29.35 |
| Feb 19, 2021 | 37.42 | 30.86 |
| Feb 14, 2020 | 19.88 | 22.97 |
| Feb 15, 2019 | 60.93 | 22.97 |
| Feb 20, 2018 | 43.57 | 23.27 |
| Feb 17, 2017 | 45.89 | 19.35 |
| Feb 25, 2016 | 38.16 | 16.39 |
| Mar 12, 2015 | 52.60 | 16.97 |
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).