Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 28.31.
Forward PE Ratio (28.31) = Close Price ($128.88) / Consensus Forward EPS ($4.55)
FORWARD PE RATIO
28.31
SECTOR MEDIAN · TECHNOLOGY
27.14
median of 147 covered companies
CURRENT VS SECTOR MEDIAN
+4.31%
vs the sector median at left
Qnity Electronics, Inc.
Market Cap
$26.98B
Forward PE Ratio
28.31
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Qnity Electronics, Inc. (Q) | $26.98B | 28.31 |
| HP Inc. (HPQ)vs › | $27.17B | 9.82 |
| Corpay, Inc. (CPAY)vs › | $27.26B | 15.25 |
| Roblox Corporation (RBLX)vs › | $27.41B | N/A |
| GLOBALFOUNDRIES Inc. (GFS)vs › | $26.37B | 24.82 |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $27.87B | 10.76 |
| Fiserv, Inc. (FISV)vs › | $28.04B | 7.18 |
| VeriSign, Inc. (VRSN)vs › | $25.47B | 28.78 |
| Fair Isaac Corporation (FICO)vs › | $25.33B | 27.31 |
| Tower Semiconductor Ltd. (TSEM)vs › | $25.11B | 57.73 |
Trailing P/E
46.0
reported TTM EPS
Forward P/E
28.3
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.55 implies +62.5% EPS growth vs the reported trailing $2.80.
At today's $128.88 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 | $4.55 | $4.49 – $4.61 | 4 | 28.3x |
| 2027-12-31 | $5.38 | $5.12 – $5.82 | 4 | 24.0x |
| 2028-12-31 | $6.12 | $5.96 – $6.28 | 2 | 21.1x |
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