NetScout Systems, Inc. (NTCT) P/E Ratio History
UndervaluedTrading at 32.6x vs 5Y avg 79.0x · 25th percentile · Below historical baseline · Data 2000–2026
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P/E Ratio Analysis
As of July 8, 2026, NetScout Systems, Inc. (NTCT) trades at a price-to-earnings ratio of 32.6x, with a stock price of $42.37 and trailing twelve-month earnings per share of $1.33.
The current P/E is 59% below its 5-year average of 79.0x. 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 25th percentile of its historical range.
Compared to the Technology sector median P/E of 29.6x, NTCT is roughly in line with its sector peers. The sector includes 359 companies with P/E ratios ranging from 0.0x to 197.0x.
The PEG ratio of 0.86 (P/E divided by 126% 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, NTCT commands a significant premium over the S&P 500 median P/E of 25.9x. 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.
NTCT Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
NTCT P/E vs Peers
Cybersecurity and identity management peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $9B | 268.1 | 58.75 | +225% | |
| $15B | 82.7 | - | +227% | |
| $117B | 65.3 | 1.97 | +8% | |
| $230B | 210.7 | - | -56% | |
| $1B | 67.8 | 3.85 | +221% | |
| $6B | 29.0 | 1.49 | +17% | |
| $1B | 19.7Lowest | 1.02 | +271%Best | |
| $321B | 30.1 | 0.91Best | +28% | |
| $441B | 43.8 | - | +0% | |
| $210B | 60.5 | 1.49 | +23% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
NTCT Historical P/E Data (2000–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q4 | - | $31.79 | $1.31 | 24.3x | -56% |
| FY2026 Q3 | Dec 31 2025 | $27.06 | $1.31 | 20.7x | -62% |
| FY2026 Q2 | - | $25.83 | $1.23 | 21.0x | -62% |
| FY2026 Q1 | Jun 30 2025 | $24.81 | $1.00 | 24.8x | -55% |
| FY2024 Q2 | Sep 30 2023 | $28.02 | $0.91 | 30.9x | -44% |
| FY2024 Q1 | Jun 30 2023 | $30.95 | $0.86 | 36.2x | -34% |
| FY2023 Q4 | Mar 31 2023 | $28.65 | $0.82 | 35.1x | -36% |
| FY2023 Q3 | Dec 31 2022 | $32.51 | $0.76 | 42.6x | -22% |
| FY2023 Q2 | Sep 30 2022 | $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 | Dec 31 2021 | $33.08 | $0.75 | 44.1x | -20% |
| FY2022 Q2 | - | $26.96 | $0.50 | 53.9x | -2% |
| FY2022 Q1 | Jun 30 2021 | $28.54 | $0.34 | 84.1x | +53% |
| FY2021 Q4 | Mar 31 2021 | $28.16 | $0.25 | 112.9x | +105% |
| FY2021 Q3 | - | $27.42 | $0.20 | 138.1x | +151% |
| FY2021 Q2 | Sep 30 2020 | $21.83 | $0.30 | 73.1x | +33% |
| FY2021 Q1 | - | $25.56 | $0.12 | 214.8x | +291% |
| FY2020 Q3 | - | $24.07 | $0.12 | 200.6x | +265% |
| FY2019 Q2 | Sep 30 2018 | $25.25 | $0.10 | 252.5x | +359% |
| FY2019 Q1 | Jun 30 2018 | $29.70 | $0.41 | 72.1x | +31% |
| FY2018 Q4 | Mar 31 2018 | $26.35 | $0.92 | 28.6x | -48% |
| FY2018 Q3 | Dec 31 2017 | $30.45 | $0.96 | 31.6x | -42% |
| FY2018 Q2 | Sep 30 2017 | $32.35 | $0.17 | 188.0x | +242% |
| FY2018 Q1 | Jun 30 2017 | $34.40 | $0.19 | 184.7x | +236% |
| FY2017 Q4 | Mar 31 2017 | $37.95 | $0.36 | 105.5x | +92% |
| FY2017 Q3 | Dec 31 2016 | $31.50 | $0.08 | 382.7x | +596% |
| FY2016 Q3 | - | $30.70 | $0.35 | 86.9x | +58% |
| FY2016 Q2 | Sep 30 2015 | $35.37 | $1.02 | 34.6x | -37% |
| FY2016 Q1 | - | $36.67 | $1.38 | 26.6x | -52% |
| FY2015 Q4 | - | $43.85 | $1.46 | 30.0x | -45% |
| FY2015 Q3 | Dec 31 2014 | $36.54 | $1.36 | 26.9x | -51% |
| FY2015 Q2 | - | $45.80 | $1.35 | 33.9x | -38% |
| FY2015 Q1 | Jun 30 2014 | $44.34 | $1.32 | 33.6x | -39% |
| FY2014 Q4 | Mar 31 2014 | $37.58 | $1.17 | 32.1x | -42% |
| FY2014 Q3 | - | $29.59 | $1.11 | 26.7x | -52% |
| FY2014 Q2 | Sep 30 2013 | $25.53 | $0.96 | 26.6x | -52% |
| FY2014 Q1 | Jun 30 2013 | $23.34 | $0.95 | 24.6x | -55% |
| FY2013 Q4 | Mar 31 2013 | $24.57 | $0.95 | 25.9x | -53% |
| FY2013 Q3 | Dec 31 2012 | $25.99 | $0.91 | 28.6x | -48% |
| FY2013 Q2 | Sep 30 2012 | $25.51 | $0.89 | 28.7x | -48% |
| FY2013 Q1 | Jun 30 2012 | $21.59 | $0.83 | 26.0x | -53% |
| FY2012 Q4 | Mar 31 2012 | $20.34 | $0.77 | 26.6x | -52% |
| FY2012 Q3 | Dec 31 2011 | $17.60 | $0.72 | 24.6x | -55% |
| FY2012 Q2 | Sep 30 2011 | $11.42 | $0.74 | 15.5x | -72% |
| FY2012 Q1 | - | $20.89 | $0.76 | 27.7x | -50% |
| FY2011 Q4 | - | $27.32 | $0.87 | 31.4x | -43% |
| FY2011 Q3 | Dec 31 2010 | $23.01 | $0.79 | 29.1x | -47% |
| FY2011 Q2 | - | $20.51 | $0.73 | 28.1x | -49% |
| FY2011 Q1 | Jun 30 2010 | $14.22 | $0.71 | 20.0x | -64% |
| FY2010 Q4 | Mar 31 2010 | $14.79 | $0.67 | 22.1x | -60% |
| FY2010 Q3 | - | $14.62 | $0.64 | 22.8x | -58% |
| FY2010 Q2 | Sep 30 2009 | $13.51 | $0.64 | 21.1x | -62% |
| FY2010 Q1 | - | $9.38 | $0.59 | 15.9x | -71% |
| FY2009 Q4 | - | $7.16 | $0.50 | 14.4x | -74% |
| FY2009 Q3 | Dec 31 2008 | $8.62 | $0.23 | 38.0x | -31% |
| FY2008 Q3 | Dec 31 2007 | $12.77 | $0.16 | 81.3x | +48% |
| FY2008 Q2 | Sep 30 2007 | $10.90 | $0.30 | 36.1x | -34% |
| FY2008 Q1 | Jun 30 2007 | $8.67 | $0.28 | 31.4x | -43% |
| FY2007 Q4 | Mar 31 2007 | $9.05 | $0.24 | 38.2x | -30% |
| FY2007 Q3 | Dec 31 2006 | $8.30 | $0.23 | 36.2x | -34% |
| FY2007 Q2 | Sep 30 2006 | $6.49 | $0.23 | 28.4x | -48% |
| FY2007 Q1 | Jun 30 2006 | $8.92 | $0.20 | 43.6x | -21% |
| FY2006 Q4 | Mar 31 2006 | $9.10 | $0.18 | 49.6x | -10% |
| FY2006 Q3 | Dec 31 2005 | $5.45 | $0.15 | 37.3x | -32% |
| FY2006 Q2 | Sep 30 2005 | $5.43 | $0.12 | 47.1x | -14% |
| FY2006 Q1 | - | $6.59 | $0.10 | 64.0x | +16% |
| FY2005 Q4 | - | $4.45 | $0.09 | 48.6x | -12% |
| FY2005 Q3 | Dec 31 2004 | $6.98 | $0.07 | 105.8x | +92% |
| FY2005 Q2 | - | $5.33 | $0.04 | 123.1x | +124% |
| FY2005 Q1 | Jun 30 2004 | $6.59 | $30585.01 | 0.0x | -100% |
| FY2004 Q4 | Mar 31 2004 | $7.71 | $30584.98 | 0.0x | -100% |
| FY2004 Q3 | Dec 31 2003 | $7.60 | $30584.98 | 0.0x | -100% |
| FY2004 Q2 | - | $4.76 | $30584.96 | 0.0x | -100% |
| FY2001 Q4 | Mar 31 2001 | $5.13 | $0.13 | 40.9x | -26% |
| FY2001 Q3 | Dec 31 2000 | $10.00 | $0.38 | 26.3x | -52% |
| FY2001 Q2 | Sep 30 2000 | $23.75 | $0.45 | 52.4x | -5% |
| FY2001 Q1 | Jun 30 2000 | $12.88 | $0.60 | 21.5x | -61% |
| FY2000 Q4 | Mar 31 2000 | $16.75 | $0.57 | 29.4x | -47% |
Average P/E for displayed period: 55.0x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
26+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
NTCT — Frequently Asked Questions
Quick answers to the most common questions about buying NTCT stock.
What is NTCT's P/E ratio?
NetScout Systems, Inc. (NTCT) trailing twelve-month P/E ratio is 32.6x, based on TTM diluted EPS of $1.33. The 5-year average P/E is 79.0x and the historical range spans 20.7x to 252.5x.
Is NTCT stock overvalued or undervalued?
NTCT trades at 32.6x P/E, below its 5-year average of 79.0x. At the 25th percentile of its historical range (20.7x–252.5x), the stock is priced at a discount to its own history.
Is NTCT stock expensive?
No, NTCT is not expensive on a historical basis. The current P/E of 32.6x is below the 5-year average of 79.0x and sits at the 25th percentile of its valuation range.
What is NTCT's historical P/E range?
Over the past 5 years, NTCT's P/E ratio has ranged from 20.7x to 252.5x, with a median of 53.9x and an average of 79.0x. The current P/E of 32.6x places the stock at the 25th percentile of this range. Full historical data spans 2000–2026.
How does NTCT's P/E compare to the S&P 500?
NTCT trades at 32.6x P/E versus the S&P 500 median of 25.9x. The 26% premium to the market typically reflects higher expected earnings growth or quality.
How does NTCT's valuation compare to Technology peers?
NetScout Systems, Inc. P/E of 32.6x compares to the Technology sector median of 29.6x. 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 NTCT's PEG ratio?
NTCT PEG ratio is 0.86, based on a P/E of 32.6x and EPS growth of 125.7%. A PEG below 1.0 indicates the valuation is supported by the earnings growth rate — typically considered attractive.
What is NTCT's earnings yield?
NTCT earnings yield is 3.07%, the inverse of its 32.6x 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.