FTNT
Fortinet Inc
Price:  
60.23 
USD
Volume:  
3,573,616.00
United States | Software
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Fortinet Relative Valuation

-16.3%
Upside

As of 2024-06-14, the Relative Valuation of Fortinet Inc (FTNT) is 50.43 USD. This relative valuation is based on P/E multiples. With the latest stock price at 60.23 USD, the upside of Fortinet Inc based on Relative Valuation is -16.3%.

The range of the Relative Valuation is 49.27 - 55.96 USD.

Range Selected
Trailing P/E multiples 31.4x - 35.6x 31.5x
Forward P/E multiples 29.0x - 29.2x 29.1x
Fair Price 49.27 - 55.96 50.43
Upside -18.2% - -7.1% -16.3%
60.23 USD
Stock Price
50.43 USD
Fair Price

Fortinet Relative Valuation - Historical P/E Data

Date P/E
2024-06-14 38.71
2024-06-13 38.36
2024-06-12 38.61
2024-06-11 38.05
2024-06-10 38.27
2024-06-07 38.04
2024-06-06 38.06
2024-06-05 38.03
2024-06-04 37.35
2024-06-03 37.45
2024-05-31 37.78
2024-05-30 36.94
2024-05-29 38.04
2024-05-28 37.87
2024-05-24 39.08
2024-05-23 38.81
2024-05-22 39.22
2024-05-21 39.05
2024-05-20 39.71
2024-05-17 39.13
2024-05-16 39.01
2024-05-15 38.68
2024-05-14 38.34
2024-05-13 37.98
2024-05-10 37.04
2024-05-09 37.01
2024-05-08 37.98
2024-05-07 37.85
2024-05-06 37.46
2024-05-03 37.50
2024-05-02 41.53
2024-05-01 40.46
2024-04-30 40.24
2024-04-29 40.95
2024-04-26 40.88
2024-04-25 40.78
2024-04-24 41.69
2024-04-23 41.27
2024-04-22 40.57
2024-04-19 40.38
2024-04-18 40.78
2024-04-17 41.18
2024-04-16 41.07
2024-04-15 41.23
2024-04-12 42.32
2024-04-11 43.45
2024-04-10 43.39
2024-04-09 43.45
2024-04-08 43.56
2024-04-05 45.17