NetApp, Inc (NTAP) Valuation
Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)
NetApp Inc is storage hardware provider into a software-driven, cloud-centric data infrastructure company. Its flagship ONTAP data management software, together with a comprehensive portfolio of al...
NetApp, Inc (NTAP) currently trades at a P/E ratio of 31.35 (historical range: 12.54–34.34, median: 19.48), placing it at the 97th percentile — expensive relative to its history, P/S ratio of 5.66 (range: 2.51–6.20, 97th percentile — expensive relative to its history), EV/EBITDA of 22.04 (range: 12.35–89.39, 72th percentile).
Over the historical period (2024-08-30 to 2026-08-28), NetApp, Inc's P/E ratio has expanded by 16% over the observed period (from an average of 18.6 to 21.5).
NetApp, Inc appears overvalued relative to its own historical valuation range, trading at elevated multiples across most metrics.
Historical Valuation Metrics
| Metric | Current | Min | Median | Max | Percentile | Assessment |
|---|---|---|---|---|---|---|
| P/E Ratio | 31.35 | 12.54 | 19.48 | 34.34 | 97th | expensive relative to its history |
| P/S Ratio | 5.66 | 2.51 | 3.62 | 6.20 | 97th | expensive relative to its history |
| EV/EBITDA | 22.04 | 12.35 | 17.65 | 89.39 | 72th | above its historical average |
| FCF Yield | 0.05 | 0.01 | 0.05 | 0.09 | 46th | near its historical average |