Forward PE Ratio: 21.40
The forward PE ratio is 21.40 as of Thursday, July 9, 2026.
Forward PE Ratio (21.40) = Close Price ($158.46) / Consensus Forward EPS ($7.36)
SAP Forward PE Ratio Metrics
FORWARD PE RATIO
21.40
SAP Competitors' Forward PE Ratio
SAP SE
Market Cap
$184.64B
Forward PE Ratio
21.40
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| SAP SE (SAP) | $184.64B | 21.40 |
| Analog Devices, Inc. (ADI)vs › | $191.74B | 31.28 |
| AppLovin Corporation (APP)vs › | $174.83B | 32.42 |
| Western Digital Corporation (WDC)vs › | $199.24B | 55.10 |
| Seagate Technology Holdings plc (STX)vs › | $199.58B | 57.70 |
| Amphenol Corporation (APH)vs › | $199.59B | 33.09 |
| QUALCOMM Incorporated (QCOM)vs › | $201.43B | 17.33 |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $202.02B | 205.86 |
| Corning Inc (GLW)vs › | $165.70B | 57.73 |
| Shopify Inc. (SHOP)vs › | $159.83B | 66.75 |
Trailing vs Forward
Trailing P/E
21.1
reported TTM EPS
Forward P/E
21.4
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $7.36 implies -1.2% EPS decline vs the reported trailing $7.45.
Forward P/E by Fiscal Year
View All Analyst EstimatesAt today's $158.46 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 | $7.36 | $7.07 – $7.67 | 7 | 21.5x |
| 2027-12-31 | $8.61 | $8.18 – $9.23 | 7 | 18.4x |
| 2028-12-31 | $10.13 | $8.99 – $11.15 | 4 | 15.6x |
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.
Forward PE Ratio Formula & Definition
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
Forward PE Ratio FAQ
- What is the forward PE ratio for SAP SE (SAP)?
- The forward PE ratio for SAP stock is 21.40.
Related Metrics
About SAP SE
SAP SE, founded in Walldorf, Germany, in 1972, is a global provider of diverse software applications, technology, and services. The company's core enterprise resource planning (ERP) platform, SAP S/4HANA, offers robust functionalities for finance, risk management, project execution, procurement, manufacturing, supply chain optimization, asset management, and research and development. For human resources, SAP delivers SuccessFactors solutions, which encompass HR and payroll, talent and employee experience management, and comprehensive people and workforce analytics. Additionally, SAP provides spend management tools designed to handle direct and indirect expenditures, travel and expense reporting, and external workforce administration. SAP further extends its portfolio with customer experience solutions and the SAP Business Technology Platform, empowering both clients and partners to develop, integrate, and automate applications. Its SAP Business Network serves as a crucial business-to-business collaboration platform, digitizing key supply chain processes and facilitating seamless communication among trading partners. The company also offers SAP Signavio for discovering, analyzing, and enhancing business process operations, alongside modular industry-specific cloud solutions. Through Taulia, SAP provides working capital management solutions, helping customers improve liquidity visibility and mitigate the effects of inflation. Completing its extensive offerings, SAP also provides a range of sustainability solutions and services.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Christian Klein