Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 28.11 as of Sunday, July 26, 2026.
Forward PE Ratio (28.11) = Close Price ($86.81) / Consensus Forward EPS ($3.09)
FORWARD PE RATIO
28.11
SECTOR MEDIAN · TECHNOLOGY
26.26
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
+7.04%
vs the sector median at left
ON Semiconductor Corporation
Market Cap
$33.79B
Forward PE Ratio
28.11
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| ON Semiconductor Corporation (ON) | $33.79B | 28.11 |
| Roblox Corporation (RBLX)vs › | $34.04B | N/A |
| ANSYS, Inc. (ANSS)vs › | $32.91B | 29.34 |
| NetApp, Inc. (NTAP)vs › | $32.86B | 21.01 |
| Jabil Inc. (JBL)vs › | $32.76B | 24.51 |
| Celestica Inc. (CLS)vs › | $35.10B | 30.34 |
| Workday, Inc. (WDAY)vs › | $35.45B | 14.90 |
| Ubiquiti Inc. (UI)vs › | $31.82B | 34.47 |
| Roper Technologies, Inc. (ROP)vs › | $37.07B | 16.67 |
| Teledyne Technologies Incorporated (TDY)vs › | $30.36B | 26.87 |
Trailing P/E
61.6
reported TTM EPS
Forward P/E
28.1
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.09 implies +119.1% EPS growth vs the reported trailing $1.41.
At today's $86.81 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.
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
| Fiscal year end |
|---|
| Consensus EPS |
|---|
| Estimate range |
|---|
| Analysts |
|---|
| Implied P/E |
|---|
| 2026-12-31 | $3.09 | $3.00 – $3.23 | 19 | 28.1x |
| 2027-12-31 | $4.26 | $3.59 – $4.96 | 18 | 20.4x |
| 2028-12-31 | $5.54 | $4.91 – $6.20 | 6 | 15.7x |
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.