F5, Inc. (FFIV) valuation
F5 P/E ratio history
F5 trades at 27.0 times its earnings over the last twelve months and 18.6 times the earnings analysts expect over the next twelve. At its last 10 fiscal year ends its P/E ranged from 18.5 (year to Sep 2017) to 37.2 (year to Sep 2021), with a median of 24.5.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Sep 30, 2025 | $323.19 | $11.80 | 27.4 | 20.2 |
| Sep 30, 2024 | $220.20 | $9.55 | 23.1 | 15.9 |
| Sep 30, 2023 | $161.14 | $6.55 | 24.6 | — |
| Sep 30, 2022 | $144.73 | $5.27 | 27.5 | 13.3 |
| Sep 30, 2021 | $198.78 | $5.34 | 37.2 | — |
| Sep 30, 2020 | $122.77 | $5.02 | 24.5 | — |
| Sep 30, 2019 | $140.42 | $7.09 | 19.8 | — |
| Sep 30, 2018 | $199.42 | $7.35 | 27.1 | — |
| Sep 30, 2017 | $120.56 | $6.53 | 18.5 | — |
| Sep 30, 2016 | $124.64 | $5.40 | 23.1 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
F5 valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| F5FFIV | $19.1B | 27.0 | 18.6 | 5.8 |
| Credo TechnologyCRDO | $28.2B | 53.2 | 21.0 | 17.7 |
| CoherentCOHR | $41.1B | 51.1 | 22.4 | 5.8 |
| Astera LabsALAB | $44.3B | 128.1 | 49.6 | 36.9 |
| CienaCIEN | $45.4B | 71.6 | 30.0 | 7.5 |
| NokiaNOK | $48.0B | 66.2 | — | 2.1 |
| LumentumLITE | $65.4B | — | 38.5 | 21.7 |
| Motorola SolutionsMSI | $81.6B | 38.7 | 26.4 | 6.7 |
| Extreme NetworksEXTR | $2.95B | 58.0 | 15.9 | 2.2 |
| Peer median | 58.0 | 26.4 | 7.1 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: FFIV financials · FFIV returns
No forecast, no recommendation. This page describes F5, Inc. from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.