Forward PE Ratio: 47.14
The forward PE ratio is 47.14 as of Thursday, July 9, 2026.
Forward PE Ratio (47.14) = Close Price ($362.75) / Consensus Forward EPS ($7.46)
TER Forward PE Ratio Metrics
FORWARD PE RATIO
47.14
TER Competitors' Forward PE Ratio
Teradyne, Inc.
Market Cap
$56.79B
Forward PE Ratio
47.14
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Teradyne, Inc. (TER) | $56.79B | 47.14 |
| TE Connectivity plc (TEL)vs › | $58.06B | 17.48 |
| Keysight Technologies, Inc. (KEYS)vs › | $55.06B | 31.18 |
| Lumentum Holdings Inc. (LITE)vs › | $61.13B | 86.23 |
| Coherent, Inc. (COHR)vs › | $51.89B | 58.13 |
| Electronic Arts Inc. (EA)vs › | $51.80B | 23.85 |
| United Microelectronics Corporation (UMC)vs › | $62.01B | N/A |
| STMicroelectronics N.V. (STM)vs › | $63.45B | N/A |
| Credo Technology Group Holding Ltd (CRDO)vs › | $49.54B | 78.26 |
| Hewlett Packard Enterprise Company (HPE)vs › | $65.02B | 13.09 |
Trailing vs Forward
Trailing P/E
65.1
reported TTM EPS
Forward P/E
47.1
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $7.46 implies +38.1% EPS growth vs the reported trailing $5.40.
Forward P/E by Fiscal Year
View All Analyst EstimatesAt today's $362.75 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 | $7.46 | $6.87 – $8.32 | 11 | 48.6x |
| 2027-12-31 | $10.17 | $7.66 – $12.26 | 11 | 35.7x |
| 2028-12-31 | $13.80 | $10.26 – $18.27 | 5 | 26.3x |
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 Teradyne, Inc. (TER)?
- The forward PE ratio for TER stock is 47.14.
Related Metrics
About Teradyne, Inc.
Teradyne, Inc., established in 1960 and headquartered in North Reading, Massachusetts, is a global leader specializing in the creation, production, sale, and maintenance of automated testing solutions. The company's operations are categorized into four principal divisions: 1. Semiconductor Test: This segment delivers solutions for testing microchips at both the wafer and finished device package stages. These capabilities serve a wide array of sectors, including automotive, industrial, telecommunications, consumer electronics, mobile devices, cloud computing, and gaming. Notable offerings include the FLEX test platform, the J750 system for high-volume semiconductor testing, the Magnum platform specialized for memory components like flash and DRAM, and the ETS platform, which caters to the analog/mixed-signal markets for chip makers and outsourced assembly/test providers. Its clientele encompasses integrated device manufacturers (IDMs), fabless chip companies, foundries, and independent semiconductor assembly and test firms. 2. System Test: This division provides instrumentation and systems for defense and aerospace applications, data storage testing apparatus, and solutions for circuit board examination and fault detection. 3. Industrial Automation: This segment supplies collaborative robotic arms, self-governing mobile robots, and sophisticated software for robotic control, primarily catering to clients in manufacturing, logistics, and lighter industrial applications. 4. Wireless Test: Operating under its LitePoint brand, this segment delivers crucial testing solutions for the development and production of various wireless products, ranging from modules and smartphones to tablets, laptops, peripherals, and Internet-of-Things (IoT) gadgets. Key offerings include IQxel for Wi-Fi and other connectivity standards, IQxstream for comprehensive cellular technology testing (including 5G), IQcell for multi-device cellular signaling verification, IQgig, and ready-to-use test software tailored for wireless chipsets.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Gregory Stephen Smith