What is the price-to-earnings ratio of Fortinet?
The price-earnings ratio of Fortinet is currently 7.71.
Fortinet P/S 2024
Fortinet P/S
7.71
Ticker
FTNT
ISIN
US34959E1091
WKN
A0YEFE
As of Nov 25, 2024, Fortinet's P/S ratio stood at 7.71, a -24.41% change from the 10.2 P/S ratio recorded in the previous year.
The Fortinet P/S history
Fortinet Aktienanalyse
What does Fortinet do?
Fortinet Inc. is an American IT security company specializing in the development, production, and marketing of advanced security solutions for businesses, service providers, and government agencies. Established in 2000 by Ken Xie, the former founder and CEO of Netscreen Technologies, the company is headquartered in Sunnyvale, California. Fortinet's business model focuses on the development of cybersecurity solutions. They offer advanced and comprehensive security solutions based on the latest technologies and strategies, capable of defending against various security threats such as viruses, malware, phishing, DDoS attacks, ransomware, etc. Fortinet follows a multi-level strategy to expand its business, relying on partnerships, mergers, and acquisitions in the cybersecurity industry. Fortinet began as a small startup company in California in 2000. In 2001, they introduced their first product, the FortiGate, which served as a Unified Threat Management (UTM) device, incorporating multiple security features such as firewall, VPN, Intrusion Prevention System (IPS), antivirus, and anti-spam. In 2003, the company launched the FortiManager and FortiAnalyzer product lines to enable centralized administration and comprehensive reporting of security events. Over the years, Fortinet has expanded its portfolio and now offers a wide range of products and solutions based on the latest technologies and strategies. In 2019, the company's revenue amounted to $2.16 billion. Fortinet offers a variety of products and solutions specializing in different areas of cybersecurity, including network and endpoint security, cloud security, application security, IoT and OT security and management, as well as consulting and professional services. The product range includes: - FortiGate: A network security device that includes firewall, VPN, IPS, application control, anti-malware, anti-spam, and web filtering. - FortiWeb: A web-based firewall that enhances the security of critical web applications. - FortiMail: An email security solution that blocks spam and malware, filters content, and provides encryption. - FortiDDoS: A solution for defending against Distributed Denial-of-Service (DDoS) attacks. - FortiClient: An endpoint security solution that ensures the security of devices. - FortiOS: An operating system and framework that controls most of Fortinet's products. - FortiManager: A centralized management system that enables configuration and administration of Fortinet security products. - FortiAnalyzer: A central reporting and analysis system that provides a comprehensive and detailed overview of security events. In conclusion, Fortinet has become a global leader in the cybersecurity industry in recent years. The company delivers advanced and comprehensive security solutions and relies on cooperation and acquisitions to consolidate its position in the industry. With a strong product portfolio and a high commitment to research and development, Fortinet will continue to play a significant role in the cybersecurity industry in the future. Fortinet ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Fortinet's P/S Ratio
Fortinet's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Year-to-Year Comparison
Comparing Fortinet's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
Impact on Investments
The P/S ratio is instrumental for investors evaluating Fortinet's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Interpreting P/S Ratio Fluctuations
Variations in Fortinet’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
Frequently Asked Questions about Fortinet stock
How has the price-earnings ratio of Fortinet changed compared to last year?
The price-to-earnings ratio of Fortinet has increased by -24.41% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Fortinet high compared to other companies?
Yes, the price-to-earnings ratio of Fortinet is high compared to other companies.
How does an increase in the price-earnings ratio of Fortinet affect the company?
An increase in the price-earnings ratio of Fortinet would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Fortinet affect the company?
A decrease in the price-earnings ratio of Fortinet would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Fortinet?
Some factors that influence the price-earnings ratio of Fortinet are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Fortinet pay?
Over the past 12 months, Fortinet paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Fortinet is expected to pay a dividend of 0 USD.
What is the dividend yield of Fortinet?
The current dividend yield of Fortinet is .
When does Fortinet pay dividends?
Fortinet pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Fortinet?
Fortinet paid dividends every year for the past 0 years.
What is the dividend of Fortinet?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Fortinet located?
Fortinet is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Fortinet kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Fortinet from 11/25/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/25/2024.
When did Fortinet pay the last dividend?
The last dividend was paid out on 11/25/2024.
What was the dividend of Fortinet in the year 2023?
In the year 2023, Fortinet distributed 0 USD as dividends.
In which currency does Fortinet pay out the dividend?
The dividends of Fortinet are distributed in USD.
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Andere Kennzahlen von Fortinet
Our stock analysis for Fortinet Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Fortinet Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
