Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 7.98 as of Sunday, July 26, 2026.
Forward PE Ratio (7.98) = Close Price ($47.51) / Consensus Forward EPS ($5.70)
FORWARD PE RATIO
7.98
SECTOR MEDIAN · TECHNOLOGY
25.86
median of 150 covered companies
CURRENT VS SECTOR MEDIAN
-69.14%
vs the sector median at left
Cognizant Technology Solutions Corporation
Market Cap
$22.51B
Forward PE Ratio
7.98
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Cognizant Technology Solutions Corporation (CTSH) | $22.51B | 7.98 |
| F5, Inc. (FFIV)vs › | $22.66B | 23.79 |
| Fidelity National Information Services, Inc. (FIS)vs › | $22.31B | 6.61 |
| First Solar, Inc. (FSLR)vs › | $21.78B | 11.46 |
| Okta, Inc. (OKTA)vs › | $23.27B | 40.23 |
| Zscaler, Inc. (ZS)vs › | $23.99B | 34.57 |
| MKS Inc. (MKSI)vs › | $20.84B | 27.99 |
| HP Inc. (HPQ)vs › | $24.23B | 8.51 |
| Samsara Inc. (IOT)vs › | $20.67B | N/A |
| Tower Semiconductor Ltd. (TSEM)vs › | $24.53B | 69.83 |
Trailing P/E
9.9
reported TTM EPS
Forward P/E
8.0
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $5.70 implies +23.9% EPS growth vs the reported trailing $4.60.
At today's $47.51 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 | $5.70 | $5.66 – $5.75 | 17 | 8.3x |
| 2027-12-31 | $6.18 | $6.12 – $6.27 | 18 | 7.7x |
| 2028-12-31 | $6.87 | $6.59 – $7.22 | 11 | 6.9x |
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
