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 24.80 as of 2026-10-02T22:05:31.900Z.
Consensus retrieved: 2026-10-02T21:55:06.802Z. 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: 2026-10-02T22:05:31.900Z.
Quote observation: 2026-10-02T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 6a08c30fb03f29ea23fde9666be381e45012e8c58d2ca1d30df2eaf315001d8b
Forward PE Ratio (24.80) = Dated Quote Price ($116.61) / Consensus Forward EPS ($4.70)
FORWARD PE RATIO
24.80
SECTOR MEDIAN · TECHNOLOGY
25.22
median of 163 covered companies
CURRENT VS SECTOR MEDIAN
-1.67%
vs the sector median at left
Flex Ltd.
Market Cap
$43.08B
Forward PE Ratio
24.80
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Flex Ltd. (FLEX) | $43.08B | 24.80 |
| Microchip Technology Incorporated (MCHP)vs › | $44.16B | N/A |
| Block, Inc. (XYZ)vs › | $44.24B | N/A |
| Veeva Systems Inc. (VEEV)vs › | $44.40B | 29.60 |
| NetApp, Inc. (NTAP)vs › | $44.40B | 22.63 |
| Celestica Inc. (CLS)vs › | $44.53B | 35.14 |
| Twilio Inc. (TWLO)vs › | $44.71B | 49.68 |
| Autodesk, Inc. (ADSK)vs › | $44.76B | 16.83 |
| Credo Technology Group Holding Ltd (CRDO)vs › | $40.77B | 34.72 |
| Everpure, Inc. (P)vs › | $46.58B | 50.46 |
Trailing P/E
45.0
reported TTM EPS
Forward P/E
24.8
consensus EPS · fiscal year ending 2027-03-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.70 implies +81.5% EPS growth vs the reported trailing $2.59.
At the dated quote price of $116.61, 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 |
|---|---|---|---|---|
| 2027-03-31 | $4.70 | $4.65 – $4.75 | 6 | 24.8x |
| 2028-03-31 | $7.07 | $6.25 – $7.78 | 6 | 16.5x |
| 2029-03-31 | $9.39 | $8.48 – $10.30 | 2 | 12.4x |
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
