Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 26.70 as of Sunday, July 26, 2026.
Forward PE Ratio (26.70) = Close Price ($114.17) / Consensus Forward EPS ($4.28)
FORWARD PE RATIO
26.70
SECTOR MEDIAN · TECHNOLOGY
25.86
median of 150 covered companies
CURRENT VS SECTOR MEDIAN
+3.25%
vs the sector median at left
Cisco Systems, Inc.
Market Cap
$449.99B
Forward PE Ratio
26.70
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Cisco Systems, Inc. (CSCO) | $449.99B | 26.70 |
| Intel Corp. (INTC)vs › | $464.00B | 72.56 |
| Applied Materials, Inc. (AMAT)vs › | $425.76B | 43.66 |
| Lam Research Corporation (LRCX)vs › | $381.69B | 53.59 |
| Oracle Corporation (ORCL)vs › | $331.23B | 15.36 |
| Dell Technologies Inc. (DELL)vs › | $290.48B | 43.88 |
| Palantir Technologies Inc. (PLTR)vs › | $282.23B | 84.45 |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $276.65B | 148.34 |
| KLA Corporation (KLAC)vs › | $275.00B | 56.75 |
| Palo Alto Networks, Inc. (PANW)vs › | $263.89B | 85.81 |
Trailing P/E
38.1
reported TTM EPS
Forward P/E
26.7
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.28 implies +42.7% EPS growth vs the reported trailing $3.00.
At today's $114.17 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 |
|---|---|---|---|---|
| 2026-07-26 | $4.28 | $4.26 – $4.33 | 14 | 26.7x |
| 2027-07-26 | $4.79 | $4.64 – $5.01 | 14 | 23.9x |
| 2028-07-26 | $5.27 | $4.73 – $5.69 | 8 | 21.7x |
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