Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 29.27.
Forward PE Ratio (29.27) = Close Price ($294.85) / Consensus Forward EPS ($10.07)
FORWARD PE RATIO
29.27
SECTOR MEDIAN · TECHNOLOGY
27.14
median of 147 covered companies
CURRENT VS SECTOR MEDIAN
+7.85%
vs the sector median at left
Garmin Ltd.
Market Cap
$56.86B
Forward PE Ratio
29.27
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Garmin Ltd. (GRMN) | $56.86B | 29.27 |
| NXP Semiconductors N.V. (NXPI)vs › | $56.88B | 14.95 |
| Coherent, Inc. (COHR)vs › | $56.64B | 52.86 |
| Ciena Corporation (CIEN)vs › | $56.03B | 60.52 |
| Teradyne, Inc. (TER)vs › | $58.74B | 40.81 |
| TE Connectivity plc (TEL)vs › | $59.01B | 17.78 |
| Keysight Technologies, Inc. (KEYS)vs › | $54.03B | 27.93 |
| Autodesk, Inc. (ADSK)vs › | $53.59B | 24.80 |
| Electronic Arts Inc. (EA)vs › | $52.92B | 24.41 |
| Nebius Group N.V. (NBIS)vs › | $52.59B | N/A |
Trailing P/E
30.4
reported TTM EPS
Forward P/E
29.3
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $10.07 implies +3.8% EPS growth vs the reported trailing $9.70.
At today's $294.85 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.
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
| Fiscal year end |
|---|
| Consensus EPS |
|---|
| Estimate range |
|---|
| Analysts |
|---|
| Implied P/E |
|---|
| 2026-12-27 | $10.07 | $9.53 – $10.39 | 5 | 29.3x |
| 2027-12-27 | $11.14 | $10.64 – $12.20 | 5 | 26.5x |
| 2028-12-27 | $12.80 | $11.96 – $13.64 | 2 | 23.0x |
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.
