(TENB) Tenable Holdings - Ratings and Ratios

Tenable Holdings Inc. (NASDAQ: TENB) is a leader in cyber exposure management, providing organizations with a unified platform to understand, manage, and reduce their cyber risk across modern attack surfaces. Headquartered in Columbia, Maryland, and founded in 2002, Tenable serves customers globally, including many of the world’s largest and most sensitive organizations.

The company’s product suite is designed to address the complexities of securing modern IT environments. Tenable Vulnerability Management delivers a risk-based view of both traditional and modern attack surfaces, leveraging cloud-delivered SaaS architecture. Tenable Cloud Security provides cloud-native solutions for assessing and securing cloud environments, while Tenable Identity Exposure focuses on protecting Active Directory environments, a common target for attackers. Additionally, Tenable offers Web App Scanning for modern web applications, Lumin Exposure View for risk measurement, and Attack Surface Management to monitor external vulnerabilities.

For operational technology (OT) environments, Tenable OT Security provides specialized threat detection, asset tracking, and configuration control capabilities. The company also maintains its legacy Nessus product, a widely used vulnerability assessment solution, and Nessus Expert, which adds advanced capabilities for detecting cloud infrastructure misconfigurations and vulnerabilities in the development phase. This breadth of offerings positions Tenable as a comprehensive provider of cybersecurity solutions.

Cybersecurity remains one of the fastest-growing sectors globally, driven by increasing digital transformation, cloud migration, and the expanding attack surface. Tenable is well-positioned to benefit from these trends, given its focus on risk-based vulnerability management and its ability to integrate with modern IT and OT environments. The company’s solutions are critical for organizations aiming to stay ahead of evolving cyber threats.

From an investment perspective, Tenable operates in the highly competitive but growing cybersecurity market. Its financial metrics, including a market cap of $4.787 billion and a forward P/E of 29.59, reflect investor confidence in its growth potential. The P/S ratio of 5.46 indicates a premium valuation, consistent with high-growth software companies. However, the P/B ratio of 12.83 suggests that investors are betting heavily on the company’s future cash flows and market expansion.

Overall, Tenable Holdings Inc. is a key player in the cybersecurity space, with