Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 24.20.
Forward PE Ratio (24.20) = Close Price ($266.44) / Consensus Forward EPS ($11.07)
FORWARD PE RATIO
24.20
SECTOR MEDIAN · TECHNOLOGY
26.65
median of 155 covered companies
CURRENT VS SECTOR MEDIAN
-9.19%
vs the sector median at left
Automatic Data Processing, Inc.
Market Cap
$106.51B
Forward PE Ratio
24.20
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Automatic Data Processing, Inc. (ADP) | $106.51B | 24.20 |
| Accenture plc (ACN)vs › | $108.41B | 12.92 |
| AppLovin Corporation (APP)vs › | $104.53B | 19.75 |
| Cloudflare, Inc. (NET)vs › | $108.84B | 225.38 |
| Adobe Inc. (ADBE)vs › | $102.09B | 10.53 |
| Fortinet, Inc. (FTNT)vs › | $116.11B | 45.65 |
| Snowflake Inc. (SNOW)vs › | $116.45B | 276.77 |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $89.48B | N/A |
| Intuit Inc. (INTU)vs › | $86.83B | 13.38 |
| Datadog, Inc. (DDOG)vs › | $79.15B | N/A |
Trailing P/E
24.5
reported TTM EPS
Forward P/E
24.2
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $11.07 implies +1.1% EPS growth vs the reported trailing $10.95.
At today's $266.44 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 |
|---|---|---|---|---|
| 2027-06-30 | $12.26 | $12.11 – $12.34 | 11 | 21.7x |
| 2028-06-30 | $13.39 | $13.15 – $13.62 | 11 | 19.9x |
| 2029-06-30 | $14.57 | $14.00 – $14.93 | 4 | 18.3x |
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.
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
