Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 29.02 as of Wednesday, July 29, 2026.
Forward PE Ratio (29.02) = Close Price ($254.01) / Consensus Forward EPS ($9.42)
FORWARD PE RATIO
29.02
SECTOR MEDIAN · TECHNOLOGY
26.04
median of 150 covered companies
CURRENT VS SECTOR MEDIAN
+11.44%
vs the sector median at left
Advanced Energy Industries, Inc.
Market Cap
$9.66B
Forward PE Ratio
29.02
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Advanced Energy Industries, Inc. (AEIS) | $9.66B | 29.02 |
| Skyworks Solutions, Inc. (SWKS)vs › | $9.41B | 12.89 |
| Paycom Software, Inc. (PAYC)vs › | $9.36B | 14.85 |
| Rambus Inc. (RMBS)vs › | $9.22B | 28.91 |
| The Trade Desk, Inc. (TTD)vs › | $9.01B | 18.97 |
| Onto Innovation Inc. (ONTO)vs › | $10.88B | 48.68 |
| Gartner, Inc. (IT)vs › | $11.04B | 11.38 |
| DocuSign, Inc. (DOCU)vs › | $11.07B | 14.78 |
| Dayforce Inc (DAY)vs › | $11.18B | 25.46 |
| Amkor Technology, Inc. (AMKR)vs › | $11.21B | 20.02 |
Trailing P/E
57.6
reported TTM EPS
Forward P/E
29.0
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $9.42 implies +98.3% EPS growth vs the reported trailing $4.75.
At today's $254.01 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 | $9.42 | $9.06 – $9.81 | 8 | 27.0x |
| 2027-12-31 | $12.29 | $8.67 – $14.72 | 9 | 20.7x |
| 2028-12-31 | $16.29 | $14.44 – $18.13 | 2 | 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.
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
