NetScout Systems, Inc. (NTCT) P/E Ratio History
Historical price-to-earnings valuation from 2000 to 2026
Loading P/E history...
Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of March 2, 2026, NetScout Systems, Inc. (NTCT) trades at a price-to-earnings ratio of -5.8x, with a stock price of $29.21 and trailing twelve-month earnings per share of $1.34.
The current P/E is 107% below its 5-year average of 81.4x. Over the past five years, NTCT's P/E has ranged from a low of 20.7x to a high of 252.5x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Technology sector median P/E of 25.2x, NTCT trades at a 123% discount to its sector peers. The sector includes 345 companies with P/E ratios ranging from 0.0x to 199.1x.
Relative to the broader market, NTCT trades at a notable discount to the S&P 500 median P/E of 26.2x. 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 NTCT 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.
Peer Comparison
P/E metrics vs. Cybersecurity and identity management peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
PANWPalo Alto Networks, Inc. | $105B | 93.1 | - | -56% |
FTNTFortinet, Inc. | $59B | 32.5 | 0.98 | +8% |
CHKPCheck Point Software Technologies Ltd. | $16B | 20.4 | 3.11 | +5% |
GENGen Digital Inc. | $14B | 21.9 | 8.01 | +8% |
QLYSQualys, Inc. | $3B | 19.9 | 0.88Best | +15% |
OKTAOkta, Inc. | $563M | 1208.3 | - | +103% |
OSPNOneSpan Inc. | $412M | 5.8Lowest | - | +30% |
RPDRapid7, Inc. | $395M | 15.6 | - | +116% |
ALLTAllot Ltd. | $251M | 79.1 | - | +153% |
ALARAlarum Technologies Ltd. | $47M | 7.7 | - | +161%Best |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
Historical P/E Data
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q3 | Wed Dec 31 2025 00:00:00 GM | $27.06 | $1.31 | 20.7x | -63% |
| FY2026 Q2 | $25.83 | $1.23 | 21.0x | -62% | |
| FY2026 Q1 | Mon Jun 30 2025 00:00:00 GM | $24.81 | $1.00 | 24.8x | -55% |
| FY2024 Q2 | Sat Sep 30 2023 00:00:00 GM | $28.02 | $0.91 | 30.9x | -44% |
| FY2024 Q1 | Fri Jun 30 2023 00:00:00 GM | $30.95 | $0.86 | 36.2x | -35% |
| FY2023 Q4 | Fri Mar 31 2023 00:00:00 GM | $28.65 | $0.82 | 35.1x | -37% |
| FY2023 Q3 | Sat Dec 31 2022 00:00:00 GM | $32.51 | $0.76 | 42.6x | -23% |
| FY2023 Q2 | Fri Sep 30 2022 00:00:00 GM | $31.32 | $0.68 | 45.9x | -17% |
| FY2023 Q1 | $33.85 | $0.55 | 61.2x | +11% | |
| FY2022 Q4 | $32.08 | $0.50 | 64.0x | +16% | |
| FY2022 Q3 | Fri Dec 31 2021 00:00:00 GM | $33.08 | $0.75 | 44.1x | -20% |
| FY2022 Q2 | $26.96 | $0.50 | 53.9x | -3% |
Average P/E for displayed period: 55.4x
See NTCT's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs NTCT Undervalued?
See our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare NTCT vs NVDA
See how NTCT stacks up against sector leader NVIDIA Corporation.
Start ComparisonFrequently Asked Questions
Is NTCT stock overvalued or undervalued?
NTCT trades at -5.8x P/E, below its 5-year average of 81.4x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does NTCT's valuation compare to peers?
NetScout Systems, Inc. P/E of -5.8x compares to sector median of 25.2x. The discount suggests lower growth expectations or higher risk.
What is NTCT's PEG ratio?
NTCT PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2000-2026.