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Palo Alto Networks (Palo Alto Networks) Price-to-Tangible-Book : 175.58 (As of May. 04, 2024)


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What is Palo Alto Networks Price-to-Tangible-Book?

As of today (2024-05-04), Palo Alto Networks's share price is $296.21. Palo Alto Networks's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $1.69. Hence, Palo Alto Networks's Price to Tangible Book Ratio of today is 175.58.

The historical rank and industry rank for Palo Alto Networks's Price-to-Tangible-Book or its related term are showing as below:

PANW' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 17.23   Med: 33.29   Max: 223.59
Current: 175.27

During the past 13 years, Palo Alto Networks's highest Price to Tangible Book Ratio was 223.59. The lowest was 17.23. And the median was 33.29.

PANW's Price-to-Tangible-Book is ranked worse than
99.14% of 2090 companies
in the Software industry
Industry Median: 3.63 vs PANW: 175.27

A closely related ratio is called PB Ratio. As of today, Palo Alto Networks's share price is $296.21. Palo Alto Networks's Book Value per Sharefor the quarter that ended in Jan. 2024 was $13.50. Hence, Palo Alto Networks's P/B Ratio of today is 21.94.


Palo Alto Networks Price-to-Tangible-Book Historical Data

The historical data trend for Palo Alto Networks's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Palo Alto Networks Price-to-Tangible-Book Chart

Palo Alto Networks Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Price-to-Tangible-Book
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Palo Alto Networks Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 200.66

Competitive Comparison of Palo Alto Networks's Price-to-Tangible-Book

For the Software - Infrastructure subindustry, Palo Alto Networks's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Palo Alto Networks's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Palo Alto Networks's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Palo Alto Networks's Price-to-Tangible-Book falls into.



Palo Alto Networks Price-to-Tangible-Book Calculation

Palo Alto Networks's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=296.21/1.687
=175.58

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Palo Alto Networks Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Palo Alto Networks's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Palo Alto Networks (Palo Alto Networks) Business Description

Traded in Other Exchanges
Address
3000 Tannery Way, Santa Clara, CA, USA, 95054
Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations. The California-based firm has more than 85,000 customers across the world, including more than three fourths of the Global 2000.
Executives
John Donovan director 208 S. AKARD ST. , ROOM 3025, DALLAS TX 75202
Nir Zuk director, officer: CTO 3000 TANNERY WAY, SANTA CLARA CA 95054
John P. Key director 3000 TANNERY WAY, SANTA CLARA CA 95054
Dipak Golechha officer: EVP, Chief Financial Officer 3000 TANNERY WAY, SANTA CLARA CA 95054
Nikesh Arora director, officer: Chief Executive Officer 3000 TANNERY WAY, SANTA CLARA CA 95054
Lee Klarich officer: Chief Product Officer 4401 GREAT AMERICA PKWY, SANTA CLARA CA 95054
Josh D. Paul officer: Chief Accounting Officer 3000 TANNERY WAY, SANTA CLARA CA 95054
Jenkins William D Jr officer: President C/O PALO ALTO NETWORKS INC, 3000 TANNERY WAY, SANTA CLARA CA 95054
Aparna Bawa director C/O ZOOM VIDEO COMMUNICATIONS, INC., 55 ALMADEN BOULEVARD, 6TH FLOOR, SAN JOSE CA 95113
Carl M. Eschenbach director C/O SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, PALO ALTO CA 94025
James J Goetz director C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Mark D Mclaughlin director, officer: President & CEO C/O PALO ALTO NETWORKS, INC., 4401 GREAT AMERICA PKWY, SANTA CLARA CA 95054
Amit K. Singh officer: President 3000 TANNERY WAY, SANTA CLARA CA 95054
Helene D Gayle director C/O COLGATE PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
Jean Compeau officer: Chief Accounting Officer 3000 TANNERY WAY, SANTA CLARA CA 95054