Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 10.65 as of 2026-10-06T12:55:34.748Z.
Consensus retrieved: 2026-10-06T08:58:35.612Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-10-06T12:55:34.748Z.
Quote observation: 2026-10-05T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: a50057e262bb0c5f92e8be4ee740c45f2ef204f57f13b976f30748f7050768cb
Forward PE Ratio (10.65) = Dated Quote Price ($37.38) / Consensus Forward EPS ($3.51)
FORWARD PE RATIO
10.65
SECTOR MEDIAN · FINANCIAL SERVICES
11.39
median of 251 covered companies
CURRENT VS SECTOR MEDIAN
-6.50%
vs the sector median at left
Arrow Financial Corporation
Market Cap
$617.85M
Forward PE Ratio
10.65
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Arrow Financial Corporation (AROW) | $617.85M | 10.65 |
| Gladstone Investment Corp. (GAIN)vs › | $618.83M | 15.50 |
| Hingham Institution for Savings (HIFS)vs › | $618.84M | N/A |
| Coastal Financial Corporation (CCB)vs › | $624.44M | 30.71 |
| Hypoport SE (HYPOF)vs › | $630.67M | N/A |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $633.40M | N/A |
| American Bitcoin Corp (ABTC)vs › | $635.10M | N/A |
| Forward Industries, Inc. (FWDI)vs › | $598.14M | 38.02 |
| CoinShares PLC Ordinary Shares (CSHR)vs › | $637.82M | N/A |
| Chaince Digital Holdings Inc. (CD)vs › | $596.62M | N/A |
Trailing P/E
12.0
reported TTM EPS
Forward P/E
10.7
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.51 implies +12.5% EPS growth vs the reported trailing $3.12.
At the dated quote price of $37.38, 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 end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $3.51 | $3.48 – $3.53 | 3 | 10.6x |
| 2027-12-31 | $4.31 | $4.26 – $4.36 | 3 | 8.7x |
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.
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