Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 60.69 is 21% above its 5-year average of 50.36, around the middle of its 5-year range (29.64–113.29).
As of 2026-09-16T00:15:44.648Z. 46.60% above its 12-month average of 41.40.
Calculation as of: 2026-09-16T00:15:44.648Z.
Quote observation: 2026-09-15T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 97410280d7cdcbad8e3cfb5cc10e772d1efd1871f2ae875fd0c80aaaa3813265
PE Ratio (60.69) = Close Price ($172.37) / Diluted TTM EPS ($2.84)
PE RATIO
60.69
PE RATIO AVG TTM
41.40
PE RATIO AVG 3Y
42.71
PE RATIO AVG 5Y
50.36
PE RATIO AVG 10Y
65.94
PE RATIO AVG 15Y
70.85
PE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+46.60%
CURRENT VS 3Y AVG
+42.09%
CURRENT VS 5Y AVG
+20.50%
CURRENT VS 10Y AVG
-7.96%
CURRENT VS 15Y AVG
-14.34%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
35.50
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
+70.96%
vs the sector median at left
Market Cap
$142.00B
PE Ratio
16.60
TTM Avg
27.89
3Y Avg
27.24
5Y Avg
19.18
Market Cap
$110.54B
PE Ratio
25.25
TTM Avg
23.60
3Y Avg
27.77
5Y Avg
29.68
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fortinet, Inc. (FTNT) | $126.47B | 60.69 | 41.40 | 42.71 | 50.36 |
| Corning Inc (GLW)vs › | $123.64B | 65.24 | 76.06 | 89.26 | 64.78 |
| Accenture plc (ACN)vs › | $118.35B | 15.45 | 17.17 | 24.89 | 26.95 |
| Cloudflare, Inc. (NET)vs › | $116.10B | N/A | N/A | N/A | N/A |
| Snowflake Inc. (SNOW)vs › | $111.94B | N/A | N/A | N/A | N/A |
| AppLovin Corporation (APP)vs › | $111.35B | 25.48 | 56.30 | 104.87 | 146.79 |
| Western Digital Corporation (WDC)vs › | $142.00B | 16.60 | 27.89 | 27.24 | 19.18 |
| Automatic Data Processing, Inc. (ADP)vs › | $110.54B | 25.25 | 23.60 | 27.77 | 29.68 |
| Uber Technologies, Inc. (UBER)vs › | $145.40B | 15.70 | 15.14 | 47.43 | 47.43 |
| ServiceNow, Inc. (NOW)vs › | $146.71B | 88.69 | 79.71 | 105.06 | 230.34 |
At 60.7, P/E is near its 17-year median — higher than 49% of readings in its 17-year history.
17-year low
18.3
median
61.3
17-year high
2171.4
Trailing P/E
60.7
Forward P/E
50.0
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$172.37
Forward EPS (Est.)
$3.45
Forward P/E
49.97
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
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
| DATE | PE RATIO |
|---|---|
| 2026-09-11 | 54.95 |
| 2026-09-10 | 55.93 |
| 2026-09-09 | 55.36 |
| 2026-09-08 | 55.45 |
| 2026-09-04 | 55.03 |
| 2026-09-03 | 55.06 |
| 2026-09-02 | 54.42 |
| 2026-09-01 | 56.99 |
| 2026-08-31 | 60.19 |
| 2026-08-28 | 58.45 |
| 2026-08-27 | 60.84 |
| 2026-08-26 | 55.47 |
| 2026-08-25 | 54.11 |
| 2026-08-24 | 53.52 |
| 2026-08-21 | 54.05 |
| 2026-08-20 | 53.10 |
| 2026-08-19 | 53.82 |
| 2026-08-18 | 55.64 |
| 2026-08-17 | 54.88 |
| 2026-08-14 | 56.34 |
| 2026-08-13 | 58.25 |
| 2026-08-12 | 56.63 |
| 2026-08-11 | 57.00 |
| 2026-08-10 | 57.82 |
| 2026-08-07 | 56.21 |
| 2026-08-06 | 56.38 |
| 2026-08-05 | 57.79 |
| 2026-08-04 | 59.26 |
| 2026-08-03 | 57.47 |
| 2026-07-31 | 57.02 |
| 2026-07-30 | 59.56 |
| 2026-07-29 | 59.16 |
| 2026-07-28 | 57.91 |
| 2026-07-27 | 58.83 |
| 2026-07-24 | 58.83 |
| 2026-07-23 | 58.51 |
| 2026-07-22 | 59.86 |
| 2026-07-21 | 61.04 |
| 2026-07-20 | 61.92 |
| 2026-07-17 | 62.40 |
| 2026-07-16 | 62.08 |
| 2026-07-15 | 63.52 |
| 2026-07-14 | 64.41 |
| 2026-07-13 | 62.02 |
| 2026-07-10 | 60.81 |
| 2026-07-09 | 63.22 |
| 2026-07-08 | 60.51 |
| 2026-07-07 | 61.26 |
| 2026-07-06 | 62.68 |
| 2026-07-02 | 60.33 |
| 2026-07-01 | 61.38 |
| 2026-06-30 | 59.31 |
| 2026-06-29 | 60.01 |
| 2026-06-26 | 58.44 |
| 2026-06-25 | 57.89 |
| 2026-06-24 | 56.09 |
| 2026-06-23 | 57.14 |
| 2026-06-22 | 56.14 |
| 2026-06-18 | 55.88 |
| 2026-06-17 | 55.65 |
| 2026-06-16 | 56.76 |
| 2026-06-15 | 57.72 |
| 2026-06-12 | 56.49 |
| 2026-06-11 | 56.01 |
| 2026-06-10 | 53.62 |
| 2026-06-09 | 53.43 |
| 2026-06-08 | 55.23 |
| 2026-06-05 | 55.86 |
| 2026-06-04 | 57.79 |
| 2026-06-03 | 56.56 |
| 2026-06-02 | 57.47 |
| 2026-06-01 | 56.81 |
| 2026-05-29 | 53.27 |
| 2026-05-28 | 50.08 |
| 2026-05-27 | 49.39 |
| 2026-05-26 | 51.72 |
| 2026-05-22 | 51.71 |
| 2026-05-21 | 49.98 |
| 2026-05-20 | 50.19 |
| 2026-05-19 | 49.28 |
| 2026-05-18 | 48.84 |
| 2026-05-15 | 47.41 |
| 2026-05-14 | 47.05 |
| 2026-05-13 | 45.44 |
| 2026-05-12 | 43.97 |
| 2026-05-11 | 44.57 |
| 2026-05-08 | 44.04 |
| 2026-05-07 | 44.43 |
| 2026-05-06 | 37.02 |
| 2026-05-05 | 37.00 |
| 2026-05-04 | 36.72 |
| 2026-05-01 | 35.51 |
| 2026-04-30 | 34.70 |
| 2026-04-29 | 35.44 |
| 2026-04-28 | 35.28 |
| 2026-04-27 | 35.26 |
| 2026-04-24 | 34.71 |
| 2026-04-23 | 34.06 |
| 2026-04-22 | 35.84 |
| 2026-04-21 | 35.09 |
| 2026-04-20 | 33.99 |
| 2026-04-17 | 33.68 |
| 2026-04-16 | 33.91 |
| 2026-04-15 | 32.77 |
| 2026-04-14 | 32.39 |
| 2026-04-13 | 32.40 |
| 2026-04-10 | 31.56 |
| 2026-04-09 | 33.19 |
| 2026-04-08 | 34.37 |
| 2026-04-07 | 34.45 |
| 2026-04-06 | 33.86 |
| 2026-04-02 | 33.96 |
| 2026-04-01 | 33.40 |
| 2026-03-31 | 33.63 |
| 2026-03-30 | 32.53 |
| 2026-03-27 | 32.18 |
| 2026-03-26 | 33.35 |
| 2026-03-25 | 32.47 |
| 2026-03-24 | 32.65 |
| 2026-03-23 | 34.06 |
| 2026-03-20 | 33.50 |
| 2026-03-19 | 34.21 |
| 2026-03-18 | 34.32 |
| 2026-03-17 | 34.22 |
| 2026-03-16 | 34.77 |
| 2026-03-13 | 34.34 |
| 2026-03-12 | 34.73 |
| 2026-03-11 | 34.35 |
| 2026-03-10 | 34.65 |
| 2026-03-09 | 34.49 |
| 2026-03-06 | 34.43 |
| 2026-03-05 | 34.74 |
| 2026-03-04 | 34.07 |
| 2026-03-03 | 33.37 |
| 2026-03-02 | 32.58 |
| 2026-02-27 | 32.52 |
| 2026-02-26 | 32.59 |
| 2026-02-25 | 31.83 |
| 2026-02-24 | 30.96 |
| 2026-02-23 | 31.11 |
| 2026-02-20 | 32.92 |
| 2026-02-19 | 33.61 |
| 2026-02-18 | 33.21 |
| 2026-02-17 | 33.62 |
| 2026-02-13 | 35.21 |
| 2026-02-12 | 34.67 |
| 2026-02-11 | 36.14 |
| 2026-02-10 | 35.20 |
| 2026-02-09 | 35.36 |
| 2026-02-06 | 34.06 |
| 2026-02-05 | 32.48 |
| 2026-02-04 | 33.38 |
| 2026-02-03 | 32.63 |
| 2026-02-02 | 33.45 |
| 2026-01-30 | 33.44 |
| 2026-01-29 | 33.54 |
| 2026-01-28 | 33.78 |
| 2026-01-27 | 33.63 |
| 2026-01-26 | 34.19 |
| 2026-01-23 | 33.60 |
| 2026-01-22 | 31.94 |
| 2026-01-21 | 31.17 |
| 2026-01-20 | 31.05 |
| 2026-01-16 | 31.02 |
| 2026-01-15 | 31.41 |
| 2026-01-14 | 31.44 |
| 2026-01-13 | 32.23 |
| 2026-01-12 | 32.37 |
| 2026-01-09 | 32.60 |
| 2026-01-08 | 32.12 |
| 2026-01-07 | 32.93 |
| 2026-01-06 | 32.28 |
| 2026-01-05 | 32.07 |
| 2026-01-02 | 32.05 |
| 2025-12-31 | 32.68 |
| 2025-12-30 | 33.05 |
| 2025-12-29 | 33.26 |
| 2025-12-26 | 33.56 |
| 2025-12-24 | 33.41 |
| 2025-12-23 | 33.19 |
| 2025-12-22 | 33.64 |
| 2025-12-19 | 33.02 |
| 2025-12-18 | 32.82 |
| 2025-12-17 | 32.67 |
| 2025-12-16 | 33.94 |
| 2025-12-15 | 33.55 |
| 2025-12-12 | 33.84 |
| 2025-12-11 | 33.94 |
| 2025-12-10 | 33.58 |
| 2025-12-09 | 34.36 |
| 2025-12-08 | 34.37 |
| 2025-12-05 | 35.77 |
| 2025-12-04 | 35.05 |
| 2025-12-03 | 34.06 |
| 2025-12-02 | 34.13 |
| 2025-12-01 | 33.67 |
| 2025-11-28 | 33.39 |
| 2025-11-26 | 33.15 |
| 2025-11-25 | 33.28 |
| 2025-11-24 | 32.83 |
| 2025-11-21 | 32.45 |
| 2025-11-20 | 32.12 |
| 2025-11-19 | 32.81 |
| 2025-11-18 | 32.98 |
| 2025-11-17 | 33.72 |
| 2025-11-14 | 33.87 |
| 2025-11-13 | 33.35 |
| 2025-11-12 | 33.80 |
| 2025-11-11 | 34.43 |
| 2025-11-10 | 33.86 |
| 2025-11-07 | 33.66 |
| 2025-11-06 | 32.09 |
| 2025-11-05 | 34.26 |
| 2025-11-04 | 33.95 |
| 2025-11-03 | 34.87 |
| 2025-10-31 | 34.43 |
| 2025-10-30 | 33.55 |
| 2025-10-29 | 33.55 |
| 2025-10-28 | 34.21 |
| 2025-10-27 | 33.98 |
| 2025-10-24 | 34.09 |
| 2025-10-23 | 33.84 |
| 2025-10-22 | 33.73 |
| 2025-10-21 | 33.78 |
| 2025-10-20 | 33.81 |
| 2025-10-17 | 33.24 |
| 2025-10-16 | 33.12 |
| 2025-10-15 | 33.30 |
| 2025-10-14 | 33.10 |
| 2025-10-13 | 33.55 |
| 2025-10-10 | 33.08 |
| 2025-10-09 | 34.34 |
| 2025-10-08 | 34.45 |
| 2025-10-07 | 33.83 |
| 2025-10-06 | 34.41 |
| 2025-10-03 | 34.18 |
| 2025-10-02 | 34.38 |
| 2025-10-01 | 33.94 |
| 2025-09-30 | 33.50 |
| 2025-09-29 | 33.73 |
| 2025-09-26 | 33.59 |
| 2025-09-25 | 33.15 |
| 2025-09-24 | 33.31 |
| 2025-09-23 | 33.97 |
| 2025-09-22 | 33.87 |
| 2025-09-19 | 33.55 |
| 2025-09-18 | 32.27 |
| 2025-09-17 | 31.99 |
| 2025-09-16 | 31.78 |
| 2025-09-15 | 32.27 |
| 2025-09-12 | 31.75 |
| 2025-09-11 | 32.23 |
| 2025-09-10 | 31.67 |
| 2025-09-09 | 31.81 |
| 2025-09-08 | 32.02 |
| 2025-09-05 | 31.41 |
| 2025-09-04 | 30.45 |
| 2025-09-03 | 30.51 |
| 2025-09-02 | 30.65 |
| 2025-08-29 | 31.38 |
Showing the most recent 260 of 4,228 data points. The chart above shows the full history.