Forward PE Ratio: 6.59
The forward PE ratio is 6.59 as of Thursday, July 9, 2026.
Forward PE Ratio (6.59) = Close Price ($87.29) / Consensus Forward EPS ($13.06)
EPAM Forward PE Ratio Metrics
FORWARD PE RATIO
6.59
EPAM Competitors' Forward PE Ratio
EPAM Systems, Inc.
Market Cap
$4.56B
Forward PE Ratio
6.59
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| EPAM Systems, Inc. (EPAM) | $4.56B | 6.59 |
| monday.com Ltd. (MNDY)vs › | $4.28B | 18.20 |
| Genpact Limited (G)vs › | $5.02B | 7.20 |
| Bill.com Holdings, Inc. (BILL)vs › | $4.04B | 14.84 |
| Box, Inc. (BOX)vs › | $3.99B | 22.44 |
| Klaviyo, Inc. (KVYO)vs › | $5.13B | 19.58 |
| Itron, Inc. (ITRI)vs › | $3.77B | 14.02 |
| Veeco Instruments Inc. (VECO)vs › | $3.51B | N/A |
| Ambarella, Inc. (AMBA)vs › | $3.44B | 125.42 |
| GitLab Inc. (GTLB)vs › | $5.72B | 35.58 |
Trailing vs Forward
Trailing P/E
12.3
reported TTM EPS
Forward P/E
6.6
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $13.06 implies +87.4% EPS growth vs the reported trailing $6.97.
Forward P/E by Fiscal Year
View All Analyst EstimatesAt today's $87.29 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 end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $13.06 | $12.98 – $13.16 | 14 | 6.7x |
| 2027-12-31 | $14.23 | $13.15 – $14.84 | 14 | 6.1x |
| 2028-12-31 | $15.52 | $13.18 – $17.33 | 8 | 5.6x |
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 EPAM Systems, Inc. (EPAM)?
- The forward PE ratio for EPAM stock is 6.59.
Related Metrics
About EPAM Systems, Inc.
EPAM Systems, Inc. is a leading global provider of comprehensive digital platform engineering and software development solutions. The company's extensive service portfolio includes: Engineering Services: From initial requirements analysis and strategic platform selection to tailored customization, seamless cross-platform migration, and robust implementation and integration of new systems. Infrastructure Management: Covering the full lifecycle of software development, rigorous testing, and ongoing maintenance across private, public, and mobile infrastructures. This includes overseeing operations for applications, databases, networks, servers, storage, and broader systems management, alongside proactive monitoring, incident notification, and rapid resolution. Maintenance and Support: Ensuring the sustained performance and reliability of client systems. Operational Enhancement: Delivering solutions that streamline processes through integrated engineering practices and intelligent automation. Optimization Services: Focused on quality assurance, these include advanced software application testing, meticulous test management, automated testing, and consulting to elevate clients' existing QA practices. They also provide specialized testing to uncover potential threats and fortify business systems against information loss and cyber vulnerabilities. Consulting and Advisory: Offering expert guidance across various domains such as business strategy, user experience, technology roadmaps, data analytics, and technical advisory. Design and Innovation: Crafting digital and service design solutions, encompassing strategic planning, creative execution, and program management. Additionally, EPAM drives physical product development, leveraging cutting-edge technologies like artificial intelligence (AI), robotics, and virtual reality (VR). EPAM caters to a diverse global clientele across numerous sectors, including financial services, travel and consumer goods, software and high-tech, business information and media, and the life sciences and healthcare industries. Established in 1993, the company maintains its headquarters in Newtown, Pennsylvania.
- Sector
- Technology
- Industry
- Information Technology Services
- CEO
- Balazs Fejes