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 39.36 as of 2026-10-06T15:56:27.075Z.
Consensus retrieved: 2026-10-06T11:47:10.867Z. 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: 2026-10-06T15:56:27.075Z.
Quote observation: 2026-10-06T15:55:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 53cc8bb949a9cc30f8dd076bb6fad68413f89d906fbf0064fa7f7c61f5b26b92
Forward PE Ratio (39.36) = Dated Quote Price ($8.40) / Consensus Forward EPS ($0.21)
FORWARD PE RATIO
39.36
SECTOR MEDIAN · FINANCIAL SERVICES
11.17
median of 339 covered companies
CURRENT VS SECTOR MEDIAN
+252.37%
vs the sector median at left
Forward Industries, Inc.
Market Cap
$619.21M
Forward PE Ratio
39.36
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Forward Industries, Inc. (FWDI) | $619.21M | 39.36 |
| Gladstone Investment Corp. (GAIN)vs › | $620.03M | 15.53 |
| Hingham Institution for Savings (HIFS)vs › | $617.26M | N/A |
| Arrow Financial Corporation (AROW)vs › | $616.95M | 10.63 |
| American Bitcoin Corp (ABTC)vs › | $624.17M | N/A |
| Hypoport SE (HYPOF)vs › | $630.67M | N/A |
| Coastal Financial Corporation (CCB)vs › | $634.96M | 31.23 |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $637.68M | N/A |
| First Business Financial Services, Inc. (FBIZ)vs › | $597.56M | 10.93 |
| Gemini Space Station, Inc. (GEMI)vs › | $590.74M | N/A |
Trailing P/E
N/A
reported TTM EPS
Forward P/E
39.4
consensus EPS · fiscal year ending 2027-09-30
At the dated quote price of $8.40, 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 |
|---|---|---|---|---|
| 2027-09-30 | $0.21 | $0.15 – $0.28 | 1 | 39.4x |
| 2028-09-30 | $0.37 | $0.33 – $0.41 | 1 | 22.7x |
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
