Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 39.49.
Forward PE Ratio (39.49) = Close Price ($99.91) / Consensus Forward EPS ($2.53)
FORWARD PE RATIO
39.49
SECTOR MEDIAN · TECHNOLOGY
27.32
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+44.55%
vs the sector median at left
Elastic N.V.
Market Cap
$10.39B
Forward PE Ratio
39.49
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Elastic N.V. (ESTC) | $10.39B | 39.49 |
| Paycom Software, Inc. (PAYC)vs › | $10.75B | 19.73 |
| Skyworks Solutions, Inc. (SWKS)vs › | $9.90B | 13.05 |
| Advanced Energy Industries, Inc. (AEIS)vs › | $10.93B | 24.26 |
| Nova Ltd. (NVMI)vs › | $11.09B | 32.70 |
| UiPath Inc. (PATH)vs › | $9.65B | 26.95 |
| Rambus Inc. (RMBS)vs › | $9.30B | 28.26 |
| Viavi Solutions Inc. (VIAV)vs › | $9.01B | 38.99 |
| Amkor Technology, Inc. (AMKR)vs › | $11.90B | 18.97 |
| Jack Henry & Associates, Inc. (JKHY)vs › | $12.06B | 24.81 |
Trailing P/E
28.0
reported TTM EPS
Forward P/E
39.5
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $2.53 implies -29.1% EPS decline vs the reported trailing $3.57.
At today's $99.91 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 |
|---|---|---|---|---|
| 2027-04-30 | $3.35 | $3.32 – $3.43 | 15 | 29.8x |
| 2028-04-30 | $3.93 | $3.77 – $4.52 | 15 | 25.4x |
| 2029-04-30 | $4.72 | $2.44 – $5.87 | 4 | 21.2x |
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
