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 32.00 as of 2026-09-25T21:56:10.683Z.
Consensus retrieved: 2026-09-13T23:30:14.562Z. 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: 2026-09-25T21:56:10.683Z.
Quote observation: 2026-09-25T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 6f57999ec3aa79b6dd41793a8cf1312f1494a43d5c359ef4fc297edc3f047a9f
Forward PE Ratio (32.00) = Dated Quote Price ($164.41) / Consensus Forward EPS ($5.14)
FORWARD PE RATIO
32.00
SECTOR MEDIAN · INDUSTRIALS
23.60
median of 129 covered companies
CURRENT VS SECTOR MEDIAN
+35.59%
vs the sector median at left
nVent Electric plc
Market Cap
$26.59B
Forward PE Ratio
32.00
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| nVent Electric plc (NVT) | $26.59B | 32.00 |
| Dover Corporation (DOV)vs › | $25.84B | 17.94 |
| Copart, Inc. (CPRT)vs › | $25.54B | 16.82 |
| ATI Inc. (ATI)vs › | $25.31B | 36.70 |
| Symbotic Inc. (SYM)vs › | $27.89B | 208.42 |
| Otis Worldwide Corporation (OTIS)vs › | $25.10B | 16.30 |
| Hubbell Incorporated (HUBB)vs › | $24.65B | 22.81 |
| Expeditors International of Washington, Inc. (EXPD)vs › | $24.52B | 24.31 |
| Xylem Inc. (XYL)vs › | $23.96B | 18.12 |
| Veralto Corporation (VLTO)vs › | $23.68B | 22.17 |
Trailing P/E
45.0
reported TTM EPS
Forward P/E
32.0
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $5.14 implies +40.8% EPS growth vs the reported trailing $3.65.
At the dated quote price of $164.41, 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 | $5.14 | $5.06 – $5.30 | 9 | 32.0x |
| 2027-12-31 | $6.52 | $6.04 – $7.16 | 9 | 25.2x |
| 2028-12-31 | $7.69 | $7.29 – $8.16 | 4 | 21.4x |
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