Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 22.32 as of Thursday, July 30, 2026.
Forward PE Ratio (22.32) = Close Price ($389.34) / Consensus Forward EPS ($17.33)
FORWARD PE RATIO
22.32
SECTOR MEDIAN · TECHNOLOGY
25.92
median of 150 covered companies
CURRENT VS SECTOR MEDIAN
-13.89%
vs the sector median at left
F5, Inc.
Market Cap
$21.97B
Forward PE Ratio
22.32
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| F5, Inc. (FFIV) | $21.97B | 22.32 |
| First Solar, Inc. (FSLR)vs › | $21.92B | 11.26 |
| Okta, Inc. (OKTA)vs › | $22.73B | 39.77 |
| Samsara Inc. (IOT)vs › | $21.00B | N/A |
| Tower Semiconductor Ltd. (TSEM)vs › | $23.44B | 56.21 |
| Zscaler, Inc. (ZS)vs › | $23.55B | 37.35 |
| Fidelity National Information Services, Inc. (FIS)vs › | $23.79B | 7.45 |
| HP Inc. (HPQ)vs › | $24.19B | 9.39 |
| MKS Inc. (MKSI)vs › | $19.59B | 21.91 |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $24.94B | 9.82 |
Trailing P/E
30.8
reported TTM EPS
Forward P/E
22.3
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $17.33 implies +38.1% EPS growth vs the reported trailing $12.55.
At today's $389.34 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 |
|---|---|---|---|---|
| 2026-09-30 | $17.33 | $17.27 – $17.41 | 7 | 22.5x |
| 2027-09-30 | $18.03 | $17.36 – $18.47 | 7 | 21.6x |
| 2028-09-30 | $20.13 | $17.41 – $22.85 | 2 | 19.3x |
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
