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The forward PE ratio is 69.40 as of Thursday, July 9, 2026.

Forward PE Ratio (69.40) = Close Price ($546.72) / Consensus Forward EPS ($7.46)

AMD Forward PE Ratio Metrics

FORWARD PE RATIO

69.40

AMD Competitors' Forward PE Ratio

AMD

Advanced Micro Devices, Inc.

Current

Market Cap

$891.48B

Forward PE Ratio

69.40

ASML

ASML Holding N.V.

vs AMD

Market Cap

$695.39B

Forward PE Ratio

54.31

MU

Micron Technology, Inc.

vs AMD

Market Cap

$1.12T

Forward PE Ratio

12.97

INTC

Intel Corp.

vs AMD

Market Cap

$565.63B

Forward PE Ratio

102.19

AMAT

Applied Materials, Inc.

vs AMD

Market Cap

$467.37B

Forward PE Ratio

46.61

CSCO

Cisco Systems, Inc.

vs AMD

Market Cap

$466.31B

Forward PE Ratio

26.62

LRCX

Lam Research Corporation

vs AMD

Market Cap

$441.66B

Forward PE Ratio

58.58

ORCL

Oracle Corporation

vs AMD

Market Cap

$415.57B

Forward PE Ratio

18.77

ARM

Arm Holdings plc American Depositary Shares

vs AMD

Market Cap

$348.85B

Forward PE Ratio

171.29

KLAC

KLA Corporation

vs AMD

Market Cap

$299.82B

Forward PE Ratio

59.66

Trailing vs Forward

Trailing P/E

169.1

reported TTM EPS

Forward P/E

69.4

consensus next-FY EPS

The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $7.46 implies +143.8% EPS growth vs the reported trailing $3.06.

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $546.72 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.

Fiscal year endConsensus EPSEstimate rangeAnalystsImplied P/E
2026-12-27$7.46$6.70 – $8.003073.3x
2027-12-27$13.29$8.91 – $16.702841.1x
2028-12-27$17.96$12.58 – $30.961530.4x

Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.

Forward PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Forward PE Ratio FAQ

What is the forward PE ratio for Advanced Micro Devices, Inc. (AMD)?
The forward PE ratio for AMD stock is 69.40.

About Advanced Micro Devices, Inc.

Advanced Micro Devices, Inc. (AMD), established in 1969 and headquartered in Santa Clara, California, operates as a global leader in the semiconductor industry. The company organizes its extensive operations into two primary segments: Computing and Graphics, and Enterprise, Embedded and Semi-Custom. In its Computing and Graphics division, AMD develops a range of products including x86 microprocessors (often as accelerated processing units), chipsets, and various graphics processing units (GPUs), encompassing discrete, integrated, data center, and professional variants, alongside providing development services. The Enterprise, Embedded and Semi-Custom segment focuses on server and embedded processors, bespoke System-on-Chip (SoC) products, and foundational technology for popular game consoles, also offering associated development support. AMD's diverse product lineup features processors for desktop and notebook personal computers under well-known brands such as AMD Ryzen, Ryzen PRO, Ryzen Threadripper, Threadripper PRO, AMD Athlon, Athlon PRO, AMD FX, AMD A-Series, and PRO A-Series. Discrete GPUs for these PCs are offered through the AMD Radeon graphics and AMD Embedded Radeon graphics brands, while professional graphics solutions include AMD Radeon Pro and AMD FirePro. Furthermore, the company provides high-performance accelerators for servers, including Radeon Instinct, Radeon PRO V-series, and AMD Instinct, along with AMD EPYC microprocessors designed for server environments. Its embedded processor solutions span multiple brands, such as AMD Athlon, AMD Geode, AMD Ryzen, AMD EPYC, AMD R-Series, and G-Series. AMD also produces chipsets under its own trademark and crafts customer-specific solutions leveraging its CPU, GPU, and multimedia expertise, including specialized semi-custom SoC products. AMD reaches its wide array of clients, which comprise original equipment manufacturers (OEMs), public cloud service providers, original design manufacturers (ODMs), system integrators, independent distributors, online retailers, and add-in-board manufacturers. The company's sales and distribution network includes its direct sales force, independent distributors, and dedicated sales representatives.

Santa Clara, CA
28,000 employees
Technology / Semiconductors
Sector
Technology
Industry
Semiconductors
CEO
Lisa T. Su