NetApp Inc

NASDAQ NTAP

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NetApp Inc Price to Earnings Ratio (P/E) on June 03, 2024: 164.77

NetApp Inc Price to Earnings Ratio (P/E) is 164.77 on June 03, 2024, a 1,282.80% change year over year. The price to earnings ratio (P/E ratio) compares the market price per share of a company's stock to its earnings per share (EPS). It is calculated by dividing the market capitalization by the net income, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's earnings. A higher P/E ratio indicates that investors are willing to pay a higher price for each unit of earnings, suggesting higher market expectations for future earnings growth.

NetApp Inc 52-week high Price to Earnings Ratio (P/E) is 166.81 on May 31, 2024, which is 1.24% above the current Price to Earnings Ratio (P/E).
NetApp Inc 52-week low Price to Earnings Ratio (P/E) is 11.82 on June 09, 2023, which is -92.83% below the current Price to Earnings Ratio (P/E).
NetApp Inc average Price to Earnings Ratio (P/E) for the last 52 weeks is 34.16.

NASDAQ: NTAP

NetApp Inc

CEO	Mr. George Kurian
IPO Date	Nov. 21, 1995
Location	United States
Headquarters	3060 Olsen Drive, San Jose, CA, United States, 95128
Employees	12,000
Sector	Technology
Industry	Computer hardware

Description

NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp E/EF series, and NetApp StorageGRID. In addition, it provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, NetApp Cloud Volumes Service for Google Cloud, and cloud operations services, such as NetApp Cloud Insights, Spot by NetApp, and Instaclustr. Further, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Additionally, it provides assessment, design, implementation, and migration services. The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and markets through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.

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