Historical Valuation
Fortinet Inc (FTNT) is now in the Undervalued zone, suggesting that its current forward PE ratio of 27.43 is considered Undervalued compared with the five-year average of 43.85. The fair price of Fortinet Inc (FTNT) is between 103.51 to 160.38 according to relative valuation methord. Compared to the current price of 78.05 USD , Fortinet Inc is Undervalued By 24.6%.
Relative Value
Fair Zone
103.51-160.38
Current Price：78.05
24.6%
Undervalued
P/E
EV/EBITDA
EV/EBIT
P/S
P/OCF
P/FCF
1Y
3Y
5Y
Trailing
Forward
Fortinet Inc (FTNT) has a current Price-to-Book (P/B) ratio of 78.71. Compared to its 3-year average P/B ratio of 448.43 , the current P/B ratio is approximately -82.45% higher. Relative to its 5-year average P/B ratio of 279.77, the current P/B ratio is about -71.87% higher. Fortinet Inc (FTNT) has a Forward Free Cash Flow (FCF) yield of approximately 3.50%. Compared to its 3-year average FCF yield of 3.26%, the current FCF yield is approximately 7.30% lower. Relative to its 5-year average FCF yield of 3.02% , the current FCF yield is about 15.83% lower.
P/B
Median3y
448.43
Median5y
279.77
FCF Yield
Median3y
3.26
Median5y
3.02
Competitors Valuation Multiple
AI Analysis for FTNT
The average P/S ratio for FTNT competitors is 10.15, providing a benchmark for relative valuation. Fortinet Inc Corp (FTNT.O) exhibits a P/S ratio of 7.93, which is -21.92% above the industry average. Given its robust revenue growth of 14.38%, this premium appears unsustainable.
Performance Decomposition
AI Analysis for FTNT
1Y
3Y
5Y
Market capitalization of FTNT increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.
The secondary factor is the Unknown, contributed 0.00%to the performance.
Overall, the performance of FTNT in the past 1 year is driven by Unknown.
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Frequently Asked Questions
Is FTNT currently overvalued or undervalued?
Fortinet Inc (FTNT) is now in the Undervalued zone, suggesting that its current forward PE ratio of 27.43 is considered Undervalued compared with the five-year average of 43.85. The fair price of Fortinet Inc (FTNT) is between 103.51 to 160.38 according to relative valuation methord. Compared to the current price of 78.05 USD , Fortinet Inc is Undervalued By 24.60% .
What is Fortinet Inc (FTNT) fair value?
FTNT's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Fortinet Inc (FTNT) is between 103.51 to 160.38 according to relative valuation methord.
How does FTNT's valuation metrics compare to the industry average?
The average P/S ratio for FTNT's competitors is 10.15, providing a benchmark for relative valuation. Fortinet Inc Corp (FTNT) exhibits a P/S ratio of 7.93, which is -21.92% above the industry average. Given its robust revenue growth of 14.38%, this premium appears unsustainable.
What is the current P/B ratio for Fortinet Inc (FTNT) as of Jan 09 2026?
As of Jan 09 2026, Fortinet Inc (FTNT) has a P/B ratio of 78.71. This indicates that the market values FTNT at 78.71 times its book value.
What is the current FCF Yield for Fortinet Inc (FTNT) as of Jan 09 2026?
As of Jan 09 2026, Fortinet Inc (FTNT) has a FCF Yield of 3.50%. This means that for every dollar of Fortinet Inc’s market capitalization, the company generates 3.50 cents in free cash flow.
What is the current Forward P/E ratio for Fortinet Inc (FTNT) as of Jan 09 2026?
As of Jan 09 2026, Fortinet Inc (FTNT) has a Forward P/E ratio of 27.43. This means the market is willing to pay $27.43 for every dollar of Fortinet Inc’s expected earnings over the next 12 months.
What is the current Forward P/S ratio for Fortinet Inc (FTNT) as of Jan 09 2026?
As of Jan 09 2026, Fortinet Inc (FTNT) has a Forward P/S ratio of 7.93. This means the market is valuing FTNT at $7.93 for every dollar of expected revenue over the next 12 months.