Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 26.31 as of Wednesday, July 29, 2026.
Forward PE Ratio (26.31) = Close Price ($294.83) / Consensus Forward EPS ($9.64)
FORWARD PE RATIO
26.31
SECTOR MEDIAN · TECHNOLOGY
26.04
median of 150 covered companies
CURRENT VS SECTOR MEDIAN
+1.04%
vs the sector median at left
Garmin Ltd.
Market Cap
$56.86B
Forward PE Ratio
26.31
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Garmin Ltd. (GRMN) | $56.86B | 26.31 |
| Hewlett Packard Enterprise Company (HPE)vs › | $58.87B | 13.35 |
| TE Connectivity plc (TEL)vs › | $60.00B | 18.75 |
| NXP Semiconductors N.V. (NXPI)vs › | $60.84B | 17.16 |
| Electronic Arts Inc. (EA)vs › | $52.38B | 24.32 |
| Monolithic Power Systems, Inc. (MPWR)vs › | $61.35B | 53.05 |
| Autodesk, Inc. (ADSK)vs › | $51.78B | 23.19 |
| Keysight Technologies, Inc. (KEYS)vs › | $50.71B | 29.98 |
| Teradyne, Inc. (TER)vs › | $50.00B | 42.17 |
| Block, Inc. (XYZ)vs › | $48.91B | 21.30 |
Trailing P/E
28.3
reported TTM EPS
Forward P/E
26.3
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $9.64 implies +7.5% EPS growth vs the reported trailing $8.97.
At today's $294.83 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 |
|---|---|---|---|---|
| 2026-12-27 | $9.64 | $9.46 – $9.91 | 5 | 30.6x |
| 2027-12-27 | $10.45 | $10.04 – $10.76 | 5 | 28.2x |
| 2028-12-27 | $11.93 | $11.57 – $12.53 | 1 | 24.7x |
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
