Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 8.97 as of 2026-09-12T00:15:30.267Z.
Consensus retrieved: 2026-09-11T01:25:05.576Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-12T00:15:30.267Z.
Quote observation: 2026-09-11T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: ab2879bedc7dd121cae1d390a061ff155f8eb9c8c151c6567b5f1aaa1b65ffb0
Forward PE Ratio (8.97) = Dated Quote Price ($117.91) / Consensus Forward EPS ($13.14)
FORWARD PE RATIO
8.97
SECTOR MEDIAN · TECHNOLOGY
23.75
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
-62.23%
vs the sector median at left
EPAM Systems, Inc.
Market Cap
$6.16B
Forward PE Ratio
8.97
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| EPAM Systems, Inc. (EPAM) | $6.16B | 8.97 |
| Cirrus Logic, Inc. (CRUS)vs › | $5.99B | 14.09 |
| Genpact Limited (G)vs › | $5.96B | 8.53 |
| Lyft, Inc. (LYFT)vs › | $5.82B | 26.61 |
| Core Scientific, Inc. (CORZ)vs › | $5.76B | N/A |
| SentinelOne, Inc. (S)vs › | $6.65B | 61.84 |
| Duolingo, Inc. (DUOL)vs › | $6.69B | 52.24 |
| Plexus Corp. (PLXS)vs › | $6.83B | 29.38 |
| Cipher Mining Inc. (CIFR)vs › | $6.89B | N/A |
| Camtek Ltd. (CAMT)vs › | $6.90B | N/A |
Trailing P/E
16.0
reported TTM EPS
Forward P/E
9.0
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $13.14 implies +78.0% EPS growth vs the reported trailing $7.38.
At the dated quote price of $117.91, 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 | $13.14 | $13.07 – $13.28 | 14 | 9.0x |
| 2027-12-31 | $14.11 | $13.38 – $14.81 | 14 | 8.4x |
| 2028-12-31 | $15.17 | $14.16 – $16.21 | 9 | 7.8x |
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
