Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 158.49 as of Sunday, July 26, 2026.
Forward PE Ratio (158.49) = Close Price ($47.23) / Consensus Forward EPS ($0.30)
FORWARD PE RATIO
158.49
SECTOR MEDIAN · TECHNOLOGY
25.86
median of 150 covered companies
CURRENT VS SECTOR MEDIAN
+512.88%
vs the sector median at left
AXT, Inc.
Market Cap
$2.19B
Forward PE Ratio
158.49
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| AXT, Inc. (AXTI) | $2.19B | 158.49 |
| Keel Infrastructure Corp. (KEEL)vs › | $2.57B | N/A |
| Asana, Inc. (ASAN)vs › | $1.63B | 26.75 |
| Ambarella, Inc. (AMBA)vs › | $2.99B | 114.21 |
| Ichor Holdings, Ltd. (ICHR)vs › | $3.02B | 62.78 |
| C3.ai, Inc. (AI)vs › | $1.24B | N/A |
| Veeco Instruments Inc. (VECO)vs › | $3.15B | N/A |
| POET Technologies Inc. (POET)vs › | $909.57M | N/A |
| ZoomInfo Technologies Inc. (GTM)vs › | $860.58M | 2.64 |
| PagerDuty, Inc. (PD)vs › | $828.21M | 8.07 |
Trailing P/E
N/A
reported TTM EPS
Forward P/E
158.5
consensus next-FY EPS
At today's $47.23 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 | $0.30 | $0.25 – $0.33 | 3 | 158.5x |
| 2027-12-31 | $0.78 | $0.55 – $1.11 | 3 | 60.7x |
| 2028-12-31 | $1.80 | $1.63 – $2.02 | 1 | 26.2x |
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