Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 8.20 as of Thursday, July 30, 2026.
Forward PE Ratio (8.20) = Close Price ($103.66) / Consensus Forward EPS ($13.04)
FORWARD PE RATIO
8.20
SECTOR MEDIAN · TECHNOLOGY
25.92
median of 150 covered companies
CURRENT VS SECTOR MEDIAN
-68.36%
vs the sector median at left
EPAM Systems, Inc.
Market Cap
$5.42B
Forward PE Ratio
8.20
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| EPAM Systems, Inc. (EPAM) | $5.42B | 8.20 |
| Klaviyo, Inc. (KVYO)vs › | $5.49B | 22.81 |
| GitLab Inc. (GTLB)vs › | $5.70B | 38.15 |
| Lyft, Inc. (LYFT)vs › | $5.90B | 26.38 |
| Genpact Limited (G)vs › | $5.99B | 9.01 |
| SentinelOne, Inc. (S)vs › | $6.20B | 97.50 |
| Duolingo, Inc. (DUOL)vs › | $6.22B | 49.00 |
| Bill.com Holdings, Inc. (BILL)vs › | $4.52B | 17.92 |
| monday.com Ltd. (MNDY)vs › | $4.47B | 19.72 |
| Camtek Ltd. (CAMT)vs › | $6.40B | N/A |
Trailing P/E
15.3
reported TTM EPS
Forward P/E
8.2
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $13.04 implies +87.1% EPS growth vs the reported trailing $6.97.
At today's $103.66 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 | $13.04 | $12.98 – $13.11 | 14 | 7.9x |
| 2027-12-31 | $14.19 | $13.15 – $14.80 | 14 | 7.3x |
| 2028-12-31 | $15.51 | $14.48 – $16.87 | 7 | 6.7x |
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
