As of June 18, 2025, Cloudflare Inc (NET) reports a Forward P/E of 220.76.
Forward P/E gauges the price investors pay for each dollar of anticipated earnings, offering insight into a stock's future valuation.
Comparing Cloudflare Inc's Forward P/E to Peers
To better understand Cloudflare Inc's position, it's useful to compare its Forward P/E against industry peers. Below are selected comparisons:
| Company | Forward P/E |
|---|---|
| Cloudflare Inc (NET) | 220.76 |
| CrowdStrike Holdings Inc (CRWD) | 128.44 |
| Zscaler Inc (ZS) | 101.14 |
| Palo Alto Networks Inc (PANW) | 70.42 |
| ServiceNow Inc (NOW) | 59.50 |
| Fortinet Inc (FTNT) | 40.24 |
Compared to its competitors, Cloudflare Inc's Forward P/E is higher than all peers, reflecting higher growth expectations from investors.