Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 23.89.
Forward PE Ratio (23.89) = Close Price ($1596.08) / Consensus Forward EPS ($66.82)
FORWARD PE RATIO
23.89
SECTOR MEDIAN · TECHNOLOGY
27.14
median of 147 covered companies
CURRENT VS SECTOR MEDIAN
-11.97%
vs the sector median at left
Sandisk Corporation
Market Cap
$236.36B
Forward PE Ratio
23.89
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Sandisk Corporation (SNDK) | $236.36B | 23.89 |
| Arista Networks, Inc. (ANET)vs › | $237.54B | 45.94 |
| KLA Corporation (KLAC)vs › | $240.34B | 49.59 |
| Texas Instruments Incorporated (TXN)vs › | $241.43B | 31.06 |
| International Business Machines Corporation (IBM)vs › | $222.04B | 19.14 |
| SAP SE (SAP)vs › | $254.81B | 30.85 |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $259.87B | 138.82 |
| Marvell Technology, Inc. (MRVL)vs › | $207.59B | 83.33 |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $195.45B | 206.75 |
| Shopify Inc. (SHOP)vs › | $193.67B | 77.14 |
Trailing P/E
21.6
reported TTM EPS
Forward P/E
23.9
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $66.82 implies -9.4% EPS decline vs the reported trailing $73.76.
At today's $1596.08 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 |
|---|---|---|---|---|
| 2027-07-03 | $210.18 | $191.09 – $230.43 | 12 | 7.6x |
| 2028-07-03 | $256.55 | $175.81 – $324.95 | 11 | 6.2x |
| 2029-07-03 | $265.42 | $154.22 – $431.11 | 4 | 6.0x |
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.
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