Question 1

What is F5's P/E ratio?

Accepted Answer

F5 (FFIV) P/E ratio is 31.8× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for F5?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For F5 specifically, the relevant sector benchmark is the current sector median of 29.6×.

Question 5

Is F5's P/E ratio high or low?

Accepted Answer

F5's P/E ratio of 31.8× is above its own 5-year average of 27.3× and above the sector median of 29.6×. That places the current reading at the 81th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is F5's historical P/E ratio range?

Accepted Answer

In the available daily series, F5 (FFIV) P/E ratio has ranged from a low of 12.2× in 2004 to a high of 191.6× in 2003. The 5-year average is 27.3× and the 5-year median is 25.9×.

Question 7

What was F5's P/E ratio in 2025?

Accepted Answer

F5 (FFIV) P/E ratio at the end of 2025 was 26.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does F5's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$18.63B	$692.38M	26.9×	+4.2×	Sep 30, 2025
2024	$12.86B	$566.78M	22.7×	-1.5×	Sep 30, 2024
2023	$9.55B	$394.95M	24.2×	-2.7×	Sep 30, 2023
2022	$8.65B	$322.16M	26.8×	-9.5×	Sep 30, 2022
2021	$12.03B	$331.24M	36.3×	+11.9×	Sep 30, 2021
2020	$7.51B	$307.44M	24.4×	+4.6×	Sep 30, 2020
2019	$8.46B	$427.73M	19.8×	-5.6×	Sep 30, 2019
2018	$11.54B	$453.69M	25.4×	+7.4×	Sep 30, 2018
2017	$7.61B	$420.76M	18.1×	-4.3×	Sep 30, 2017
2016	$8.20B	$365.86M	22.4×	-0.1×	Sep 30, 2016
2015	$8.22B	$365.01M	22.5×	-5.7×	Sep 30, 2015
2014	$8.77B	$311.18M	28.2×	+3.9×	Sep 30, 2014
2013	$6.74B	$277.31M	24.3×	-5.7×	Sep 30, 2013
2012	$8.27B	$275.19M	30.0×	+6.3×	Sep 30, 2012
2011	$5.73B	$241.40M	23.7×	-30.9×	Sep 30, 2011
2010	$8.26B	$151.15M	54.7×	+20.7×	Sep 30, 2010
2009	$3.11B	$91.53M	34.0×	+8.1×	Sep 30, 2009
2008	$1.92B	$74.33M	25.9×	-15.4×	Sep 30, 2008
2007	$3.18B	$77.00M	41.3×	+24.9×	Sep 30, 2007
2006	$1.08B	$66.00M	16.3×	-16.8×	Sep 30, 2006
2005	$1.67B	$50.45M	33.2×	+20.9×	Sep 30, 2005
2004	$402.88M	$32.95M	12.2×	-129.8×	Sep 30, 2004
2003	$580.26M	$4.09M	142.0×	—	Sep 30, 2003
2002	$193.30M	−$8.61M	—	—	Sep 30, 2002


NXP Semiconductors (NXPI)	17.9×
Uber (UBER)	17.3×
Broadridge Financial Solutions (BR)	17.2×
NetApp (NTAP)	16.8×
Accenture (ACN)	16.8×
Corpay (CPAY)	16.7×
Dell Technologies (DELL)	16.2×
Western Digital (WDC)	15.7×
Adobe (ADBE)	14.9×
CDW (CDW)	14.5×
Zoom Communications (ZM)	13.8×
QUALCOMM (QCOM)	13.7×
PTC (PTC)	13.5×
Paycom Software (PAYC)	13.2×
Elastic N.V. (ESTC)	13.2×
Cognizant (CTSH)	13.1×
GoDaddy (GDDY)	12.7×
Gen Digital (GEN)	11.7×
Duolingo (DUOL)	10.9×
Super Micro Computer (SMCI)	10.9×
Science Applications International (SAIC)	10.3×
Fiserv (FISV)	9.3×
Fidelity National Information Services (FIS)	9.0×
HP (HPQ)	7.5×
Lyft (LYFT)	1.8×

P/E Ratio for F5 (FFIV)

P/E Ratio daily chart for F5 (FFIV)

Historical P/E Ratio for F5 (FFIV) from 2002 to 2025

About P/E Ratio at F5 (FFIV)

F5 P/E Ratio by Year

F5 P/E Ratio 2025: 26.9×

F5 P/E Ratio 2024: 22.7×

F5 P/E Ratio 2023: 24.2×

F5 P/E Ratio 2022: 26.8×

F5 P/E Ratio 2021: 36.3×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

F5 (FFIV) Key Financials

P/E Ratio daily chart for F5 (FFIV)

Historical P/E Ratio for F5 (FFIV) from 2002 to 2025

About P/E Ratio at F5 (FFIV)

F5 P/E Ratio by Year

F5 P/E Ratio 2025: 26.9×

F5 P/E Ratio 2024: 22.7×

F5 P/E Ratio 2023: 24.2×

F5 P/E Ratio 2022: 26.8×

F5 P/E Ratio 2021: 36.3×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is F5's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for F5?

+Is F5's P/E ratio high or low?

+What is F5's historical P/E ratio range?

+What was F5's P/E ratio in 2025?

+Why does F5's P/E ratio change over time?

F5 (FFIV) Key Financials