Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 94.83.
Forward PE Ratio (94.83) = Close Price ($357.87) / Consensus Forward EPS ($3.77)
FORWARD PE RATIO
94.83
SECTOR MEDIAN · TECHNOLOGY
27.14
median of 147 covered companies
CURRENT VS SECTOR MEDIAN
+249.41%
vs the sector median at left
Palo Alto Networks, Inc.
Market Cap
$291.66B
Forward PE Ratio
94.83
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Palo Alto Networks, Inc. (PANW) | $291.66B | 94.83 |
| Dell Technologies Inc. (DELL)vs › | $293.59B | 44.34 |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $259.87B | 138.82 |
| SAP SE (SAP)vs › | $254.81B | 30.85 |
| Texas Instruments Incorporated (TXN)vs › | $241.43B | 31.06 |
| KLA Corporation (KLAC)vs › | $240.34B | 49.59 |
| Arista Networks, Inc. (ANET)vs › | $237.54B | 45.94 |
| Sandisk Corporation (SNDK)vs › | $236.36B | 23.89 |
| International Business Machines Corporation (IBM)vs › | $222.04B | 19.14 |
| Marvell Technology, Inc. (MRVL)vs › | $207.59B | 83.33 |
Trailing P/E
311.2
reported TTM EPS
Forward P/E
94.8
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.77 implies +227.8% EPS growth vs the reported trailing $1.15.
At today's $357.87 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 |
|---|---|---|---|---|
| 2027-07-31 | $4.10 | $3.82 – $4.59 | 17 | 87.2x |
| 2028-07-31 | $4.83 | $2.12 – $7.24 | 12 | 74.1x |
| 2029-07-31 | $5.71 | $2.03 – $8.64 | 3 | 62.7x |
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