Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 22.22.
Forward PE Ratio (22.22) = Close Price ($72.22) / Consensus Forward EPS ($3.20)
FORWARD PE RATIO
22.22
SECTOR MEDIAN · TECHNOLOGY
26.65
median of 155 covered companies
CURRENT VS SECTOR MEDIAN
-16.62%
vs the sector median at left
ON Semiconductor Corporation
Market Cap
$28.12B
Forward PE Ratio
22.22
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| ON Semiconductor Corporation (ON) | $28.12B | 22.22 |
| Okta, Inc. (OKTA)vs › | $28.12B | 48.69 |
| Zoom Communications, Inc. (ZM)vs › | $28.22B | 16.16 |
| Teledyne Technologies Incorporated (TDY)vs › | $27.91B | 24.48 |
| MongoDB, Inc. (MDB)vs › | $29.01B | N/A |
| HP Inc. (HPQ)vs › | $29.04B | 9.57 |
| Zscaler, Inc. (ZS)vs › | $26.80B | 39.27 |
| Fiserv, Inc. (FISV)vs › | $26.72B | 7.02 |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $26.65B | 10.42 |
| Corpay, Inc. (CPAY)vs › | $26.64B | 14.86 |
Trailing P/E
45.6
reported TTM EPS
Forward P/E
22.2
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.20 implies +105.1% EPS growth vs the reported trailing $1.56.
At today's $72.22 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 |
|---|---|---|---|---|
| 2026-12-31 | $3.20 | $2.97 – $3.55 | 20 | 22.6x |
| 2027-12-31 | $4.50 | $4.00 – $4.80 | 20 | 16.1x |
| 2028-12-31 | $5.87 | $4.59 – $6.80 | 9 | 12.3x |
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