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APLDApplied Digital Corp.

The forward PE ratio is N/A as of Thursday, July 9, 2026.

Forward PE Ratio (N/A) = Close Price ($32.29) / Consensus Forward EPS ($-0.71)

APLD Forward PE Ratio Metrics

FORWARD PE RATIO

N/A

APLD Competitors' Forward PE Ratio

APLD

Applied Digital Corp.

Current

Market Cap

$9.23B

Forward PE Ratio

N/A

DOCU

DocuSign, Inc.

vs APLD

Market Cap

$9.31B

Forward PE Ratio

12.47

FORM

FormFactor, Inc.

vs APLD

Market Cap

$9.31B

Forward PE Ratio

45.49

SWKS

Skyworks Solutions, Inc.

vs APLD

Market Cap

$9.02B

Forward PE Ratio

11.72

AAOI

Applied Optoelectronics, Inc.

vs APLD

Market Cap

$9.81B

Forward PE Ratio

110.72

HUBS

HubSpot, Inc.

vs APLD

Market Cap

$10.55B

Forward PE Ratio

N/A

VIAV

Viavi Solutions Inc.

vs APLD

Market Cap

$10.58B

Forward PE Ratio

43.40

JKHY

Jack Henry & Associates, Inc.

vs APLD

Market Cap

$10.67B

Forward PE Ratio

21.51

PAYC

Paycom Software, Inc.

vs APLD

Market Cap

$7.62B

Forward PE Ratio

12.71

SIMO

Silicon Motion Technology Corporation

vs APLD

Market Cap

$10.88B

Forward PE Ratio

35.28

Trailing vs Forward

Trailing P/E

N/A

reported TTM EPS

Forward P/E

N/A

consensus next-FY EPS

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $32.29 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
2027-05-31$-0.73$-0.84 – $-0.532n/m
2028-05-31$-0.21$-0.28 – $-0.113n/m
2029-05-31$1.05$-1.67 – $6.15330.9x

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

About Applied Digital Corp.

Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation has an lease agreement with CoreWeave for an additional 150MW at its Polaris Forge 1 Campus in Ellendale, North Dakota. Applied Digital Corporation is based in Dallas, Texas.

Dallas, TX
205 employees
Technology / Information Technology Services
Sector
Technology
Industry
Information Technology Services
CEO
Wes Cummins