Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 232.53.
Forward PE Ratio (232.53) = Close Price ($293.14) / Consensus Forward EPS ($1.26)
FORWARD PE RATIO
232.53
SECTOR MEDIAN · TECHNOLOGY
27.14
median of 147 covered companies
CURRENT VS SECTOR MEDIAN
+756.78%
vs the sector median at left
Cloudflare, Inc.
Market Cap
$104.02B
Forward PE Ratio
232.53
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Cloudflare, Inc. (NET) | $104.02B | 232.53 |
| AppLovin Corporation (APP)vs › | $102.72B | 19.32 |
| Intuit Inc. (INTU)vs › | $100.39B | 15.40 |
| Adobe Inc. (ADBE)vs › | $109.43B | 11.28 |
| Automatic Data Processing, Inc. (ADP)vs › | $112.25B | 25.36 |
| Fortinet, Inc. (FTNT)vs › | $112.63B | 44.60 |
| Accenture plc (ACN)vs › | $113.38B | 13.37 |
| Snowflake Inc. (SNOW)vs › | $115.34B | 274.53 |
| Cadence Design Systems, Inc. (CDNS)vs › | $87.86B | 39.19 |
| Datadog, Inc. (DDOG)vs › | $83.87B | N/A |
Trailing P/E
N/A
reported TTM EPS
Forward P/E
232.5
consensus next-FY EPS
At today's $293.14 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 | $1.26 | $1.19 – $1.30 | 18 | 232.5x |
| 2027-12-31 | $1.67 | $1.45 – $1.92 | 19 | 175.5x |
| 2028-12-31 | $2.26 | $-2.47 – $5.63 | 5 | 129.7x |
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
