Extreme Networks, Inc. (EXTR) P/E Ratio History
UndervaluedTrading at 61.7x vs 5Y avg 142.4x · 70th percentile · Below historical baseline · Data 2000–2027
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P/E Ratio Analysis
As of November 8, 2026, Extreme Networks, Inc. (EXTR) trades at a price-to-earnings ratio of 61.7x, with a stock price of $24.03 and trailing twelve-month earnings per share of $0.39.
The current P/E is 57% below its 5-year average of 142.4x. Over the past five years, EXTR's P/E has ranged from a low of 17.7x to a high of 865.1x, placing the current valuation at the 70th percentile of its historical range.
Compared to the Technology sector median P/E of 24.9x, EXTR trades at a 148% premium to its sector peers. The sector includes 329 companies with P/E ratios ranging from 0.0x to 185.0x.
The PEG ratio of 0.74 (P/E divided by 650% EPS growth) suggests the stock may be undervalued relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, EXTR commands a significant premium over the S&P 500 median P/E of 21.8x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our EXTR DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
EXTR Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
EXTR P/E vs Peers
Enterprise and Carrier Networking peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $215B | 45.9 | 1.13 | +23% | |
| $370B | 28.2 | 4.78 | +31% | |
| $34B | 54.3 | - | +47% | |
| $59B | 23.6 | - | -102% | |
| $1B | 1.1Lowest | - | +429%Best | |
| $238M | 13.0 | - | +171% | |
| $2B | 43.1 | - | +158% | |
| $124B | 49.3 | - | +401% | |
| $1.4T | 37.5 | 0.75Best | +288% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
EXTR Historical P/E Data (2000–2027)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2027 Q1 | Sep 30 2026 | $21.45 | $0.39 | 55.3x | -77% |
| FY2026 Q4 | - | $32.37 | $0.31 | 104.7x | -57% |
| FY2026 Q3 | - | $15.08 | $0.12 | 125.4x | -49% |
| FY2026 Q2 | Dec 31 2025 | $16.65 | $0.07 | 249.6x | +2% |
| FY2026 Q1 | - | $20.65 | $0.06 | 325.7x | +34% |
| FY2024 Q2 | Dec 31 2023 | $17.64 | $0.60 | 29.4x | -88% |
| FY2024 Q1 | Sep 30 2023 | $24.21 | $0.70 | 34.6x | -86% |
| FY2023 Q4 | Jun 30 2023 | $26.05 | $0.58 | 44.6x | -82% |
| FY2023 Q3 | Mar 31 2023 | $19.12 | $0.43 | 44.0x | -82% |
| FY2023 Q2 | Dec 31 2022 | $18.31 | $0.36 | 50.7x | -79% |
| FY2023 Q1 | Sep 30 2022 | $13.07 | $0.33 | 39.5x | -84% |
| FY2022 Q4 | - | $8.92 | $0.34 | 26.5x | -89% |
| FY2022 Q3 | - | $12.21 | $0.38 | 32.5x | -87% |
| FY2022 Q2 | Dec 31 2021 | $15.70 | $0.31 | 50.6x | -79% |
| FY2022 Q1 | - | $9.85 | $0.19 | 53.2x | -78% |
| FY2021 Q4 | Jun 30 2021 | $11.16 | $0.01 | 865.1x | +255% |
| FY2018 Q1 | Sep 30 2017 | $11.89 | $0.02 | 642.7x | +164% |
| FY2013 Q4 | Jun 30 2013 | $3.44 | $0.10 | 33.9x | -86% |
| FY2013 Q3 | Mar 31 2013 | $3.37 | $0.15 | 22.2x | -91% |
| FY2013 Q2 | Dec 31 2012 | $3.64 | $0.21 | 17.7x | -93% |
| FY2013 Q1 | Sep 30 2012 | $3.35 | $0.29 | 11.6x | -95% |
| FY2012 Q4 | Jun 30 2012 | $3.44 | $0.17 | 20.2x | -92% |
| FY2012 Q3 | Apr 01 2012 | $3.83 | $0.07 | 56.8x | -77% |
| FY2012 Q1 | Oct 02 2011 | $2.65 | $0.02 | 116.7x | -52% |
| FY2011 Q4 | - | $3.24 | $0.03 | 99.1x | -59% |
| FY2011 Q3 | Mar 27 2011 | $3.51 | $0.09 | 37.7x | -85% |
| FY2011 Q2 | Dec 26 2010 | $3.12 | $0.21 | 15.0x | -94% |
| FY2011 Q1 | Sep 26 2010 | $3.10 | $0.09 | 33.6x | -86% |
| FY2010 Q4 | Jun 30 2010 | $2.70 | $0.00 | 5400.0x | +2115% |
| FY2009 Q4 | - | $2.00 | $0.03 | 77.8x | -68% |
| FY2009 Q3 | Mar 29 2009 | $1.63 | $0.02 | 72.8x | -70% |
| FY2009 Q2 | Dec 28 2008 | $2.03 | $0.05 | 44.6x | -82% |
| FY2009 Q1 | Sep 28 2008 | $2.77 | $0.06 | 49.9x | -80% |
| FY2008 Q4 | Jun 30 2008 | $2.84 | $0.08 | 37.6x | -85% |
| FY2008 Q3 | Mar 30 2008 | $3.12 | $0.02 | 128.9x | -47% |
| FY2008 Q2 | Dec 30 2007 | $3.46 | $0.00 | 720.8x | +196% |
| FY2006 Q4 | Jun 30 2006 | $4.16 | $0.06 | 65.6x | -73% |
| FY2006 Q3 | Apr 02 2006 | $5.02 | $0.10 | 49.8x | -80% |
| FY2006 Q2 | Jan 01 2006 | $4.75 | $0.07 | 67.5x | -72% |
| FY2006 Q1 | Oct 02 2005 | $4.45 | $0.10 | 44.3x | -82% |
| FY2005 Q4 | - | $4.07 | $0.10 | 40.5x | -83% |
| FY2005 Q3 | Mar 27 2005 | $5.82 | $0.12 | 49.2x | -80% |
| FY2005 Q2 | Dec 26 2004 | $6.31 | $0.12 | 52.9x | -78% |
| FY2001 Q2 | Dec 31 2000 | $39.13 | $0.20 | 199.9x | -18% |
| FY2001 Q1 | Oct 01 2000 | $114.50 | $0.18 | 633.6x | +160% |
| FY2000 Q4 | Jun 30 2000 | $52.75 | $0.18 | 291.9x | +20% |
| FY2000 Q3 | Apr 02 2000 | $39.50 | $0.21 | 191.9x | -21% |
Average P/E for displayed period: 243.8x
EXTR Chart Terminal
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
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Peer Comparison
Compare growth, multiples, and margins vs sector.
EXTR — Frequently Asked Questions
Quick answers to the most common questions about buying EXTR stock.
What is EXTR's P/E ratio?
Extreme Networks, Inc. (EXTR) trailing twelve-month P/E ratio is 61.7x, based on TTM diluted EPS of $0.39. The 5-year average P/E is 142.4x and the historical range spans 17.7x to 865.1x.
Is EXTR stock overvalued or undervalued?
EXTR trades at 61.7x P/E, below its 5-year average of 142.4x. At the 70th percentile of its historical range (17.7x–865.1x), the stock is priced at a discount to its own history.
Is EXTR stock expensive?
No, EXTR is not expensive on a historical basis. The current P/E of 61.7x is below the 5-year average of 142.4x and sits at the 70th percentile of its valuation range.
What is EXTR's historical P/E range?
Over the past 5 years, EXTR's P/E ratio has ranged from 17.7x to 865.1x, with a median of 50.6x and an average of 142.4x. The current P/E of 61.7x places the stock at the 70th percentile of this range. Full historical data spans 2000–2027.
How does EXTR's P/E compare to the S&P 500?
EXTR trades at 61.7x P/E versus the S&P 500 median of 21.8x. The 183% premium to the market typically reflects higher expected earnings growth or quality.
How does EXTR's valuation compare to Technology peers?
Extreme Networks, Inc. P/E of 61.7x compares to the Technology sector median of 24.9x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is EXTR's PEG ratio?
EXTR PEG ratio is 0.74, based on a P/E of 61.7x and EPS growth of 649.6%. A PEG below 1.0 indicates the valuation is supported by the earnings growth rate — typically considered attractive.
What is EXTR's earnings yield?
EXTR earnings yield is 1.62%, the inverse of its 61.7x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.