Arista Networks Inc P/B Ratio
Data as of September 29, 2026
P/B Ratio
20.81
Stock Price
$204.92
Book Value/Share
$9.85
Sector
Communications
How It's Calculated
20.81 = $204.92 ÷ $9.85
What This Means
Arista Networks Inc's P/B ratio of 20.81 is above 6. Asset-light business models and unrecognized intangible assets can make book value a limited denominator; the multiple alone does not determine fair value.
About Arista Networks Inc
Arista Networks Inc (ANET) operates in the Communications sector, specifically in Communications. With a market capitalization of about $259.55B, it ranks as a mega-cap stock — one of the largest publicly traded companies.
Shares recently traded near $204.92, within a 52-week range of $114.52 to $214.89 (-4.6% from the high, +78.9% from the low). Beta of 1.58 suggests the stock has been more volatile than the broader market.
Trailing profit margin is about 38.4%, signaling a strong profit margin relative to many peers.
Understanding This Metric
The price-to-book ratio compares market price to net asset value per share. For Arista Networks Inc, P/B is especially useful when earnings are volatile or temporarily depressed. In Communications, asset-heavy business models often anchor closer to book value, while asset-light models may trade far above book.
Sector Comparison
Among Communications names on our S&P 100 coverage, Arista Networks Inc's P/B ratio of 20.81 can be compared with peers such as CSCO (8.38). Sector context helps interpretation, but each company's growth profile and balance sheet differ — use multiple metrics before drawing conclusions. View all Communications stocks.
Key Takeaways
- ANET is grouped in the Communications sector for peer comparisons.
- Recent beta of 1.58 suggests higher-than-market price sensitivity.
- Trailing profit margin of 38.4% provides context for how much earnings support the headline multiple.
Related Tools & Guides
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Frequently Asked Questions
What does ANET's price-to-book ratio indicate?
P/B compares share price to book value per share. Arista Networks Inc's P/B of 20.81 reflects how the market prices net assets — especially relevant for asset-heavy Communications business models.
Is 20.81 above or below book value?
A P/B above 1.0 (20.81) means the market values ANET above accounting book value — often due to brands, growth, or intangible assets.
How does P/B compare within Communications?
Peer P/B levels in Communications (e.g. CSCO (8.38)) provide context; asset-light vs asset-heavy models differ materially.
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