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NTGR logoNETGEAR, Inc. (NTGR) P/E Ratio History

Historical price-to-earnings valuation from 2003 to 2025

Current P/E
-22.7
Undervalued
5Y Avg P/E
61.6
-137% vs avg
PE Percentile
0%
Low
PEG Ratio
N/A
N/A
TTM EPS$-1.42
Price$25.89
5Y PE Range12.4 - 254.8
Earnings YieldN/A

Loading P/E history...

NTGR Valuation Context

How does the current P/E compare to historical and market benchmarks?

vs. 5Y Average
-22.7vs61.6
-137%
Cheap vs History
vs. Technology
-22.7vs27.7
-182%
Below Sector
vs. S&P 500
-22.7vs25.1
-190%
Below Market
PEG Analysis
N/A
P/E ÷ EPS Growth
Based on -371% EPS growth (1Y)
Export Data

P/E Ratio Analysis

As of May 8, 2026, NETGEAR, Inc. (NTGR) trades at a price-to-earnings ratio of -22.7x, with a stock price of $25.89 and trailing twelve-month earnings per share of $-1.42.

The current P/E is 137% below its 5-year average of 61.6x. Over the past five years, NTGR's P/E has ranged from a low of 12.4x to a high of 254.8x, placing the current valuation at the 0th percentile of its historical range.

Compared to the Technology sector median P/E of 27.7x, NTGR trades at a 182% discount to its sector peers. The sector includes 359 companies with P/E ratios ranging from 0.0x to 184.2x.

Relative to the broader market, NTGR trades at a notable discount to the S&P 500 median P/E of 25.1x. 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 NTGR 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.

NTGR P/E vs Peers

P/E ratio compared to closely matched public peers

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
CALX logoCALXCalix, Inc.
$3B167.4-+158%
SMCI logoSMCISuper Micro Computer, Inc.
$20B20.0Lowest0.33Best+0%
CSCO logoCSCOCisco Systems, Inc.
$365B36.1-+0%
ANET logoANETArista Networks, Inc.
$178B51.51.27+23%
QCOM logoQCOMQUALCOMM Incorporated
$214B40.419.44-44%
MRVL logoMRVLMarvell Technology, Inc.
$139B52.1-+401%Best
AMZN logoAMZNAmazon.com, Inc.
$2.9T37.81.35+30%

Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.

NTGR Historical P/E Data (2003–2025)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterDatePriceTTM EPSP/E Ratiovs Avg
FY2025 Q2Sun Jun 29 2025 00:00:00 GM$28.39$2.1613.1x-78%
FY2025 Q1Sun Mar 30 2025 00:00:00 GM$24.72$0.8230.1x-49%
FY2024 Q4$27.87$0.4069.7x+17%
FY2024 Q3Sun Sep 29 2024 00:00:00 GM$19.86$0.6530.4x-49%
FY2021 Q4Fri Dec 31 2021 00:00:00 GM$29.21$1.5718.6x-69%
FY2021 Q3Sun Oct 03 2021 00:00:00 GM$32.44$2.5912.5x-79%
FY2021 Q2Sun Jun 27 2021 00:00:00 GM$38.62$3.1112.4x-79%
FY2021 Q1Sun Mar 28 2021 00:00:00 GM$42.54$2.7415.5x-74%
FY2020 Q4$40.63$1.8821.6x-64%
FY2020 Q3Sun Sep 27 2020 00:00:00 GM$29.61$0.8833.8x-43%
FY2020 Q2Sun Jun 28 2020 00:00:00 GM$24.27$0.4455.7x-6%
FY2020 Q1Sun Mar 29 2020 00:00:00 GM$21.04$0.2779.1x+33%

Average P/E for displayed period: 59.4x

See NTGR's True Return

Price is only half the story. See total return with reinvested dividends.

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Is NTGR Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare NTGR vs NVDA

Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.

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NTGR — Frequently Asked Questions

Quick answers to the most common questions about buying NTGR stock.

Is NTGR stock overvalued or undervalued?

NTGR trades at -22.7x P/E, below its 5-year average of 61.6x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.

How does NTGR's valuation compare to peers?

NETGEAR, Inc. P/E of -22.7x compares to sector median of 27.7x. The discount suggests lower growth expectations or higher risk.

What is NTGR's PEG ratio?

NTGR PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2003-2025.

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NTGR P/E Ratio History (2003–2025)

P/E ratio calculated as closing price divided by trailing 12-month diluted EPS at each quarter end.