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 23.38 as of 2026-10-02T21:10:40.961Z.
Consensus retrieved: 2026-10-02T16:52:09.858Z. 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: 2026-10-02T21:10:40.961Z.
Quote observation: 2026-10-02T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: fcdb5eeae85498f8117d590326ed6331d97c7c975162313816d3018b38ca4cf1
Forward PE Ratio (23.38) = Dated Quote Price ($7.24) / Consensus Forward EPS ($0.31)
FORWARD PE RATIO
23.38
SECTOR MEDIAN · TECHNOLOGY
25.22
median of 163 covered companies
CURRENT VS SECTOR MEDIAN
-7.30%
vs the sector median at left
Ondas Holdings Inc.
Market Cap
$4.13B
Forward PE Ratio
23.38
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Ondas Holdings Inc. (ONDS) | $4.13B | 23.38 |
| Clear Secure, Inc. (YOU)vs › | $4.18B | 22.70 |
| Tenable Holdings, Inc. (TENB)vs › | $4.06B | N/A |
| Dlocal Limited (DLO)vs › | $4.03B | 16.61 |
| Bill.com Holdings, Inc. (BILL)vs › | $4.34B | 11.59 |
| AXT, Inc. (AXTI)vs › | $4.36B | N/A |
| Workiva Inc. (WK)vs › | $3.88B | N/A |
| Wix.com Ltd. (WIX)vs › | $3.81B | 15.17 |
| Itron, Inc. (ITRI)vs › | $3.79B | 13.47 |
| Axcelis Technologies, Inc. (ACLS)vs › | $4.54B | 35.99 |
Trailing P/E
N/A
reported TTM EPS
Forward P/E
23.4
consensus EPS · fiscal year ending 2026-12-31
At the dated quote price of $7.24, 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 | $0.31 | $0.28 – $0.38 | 3 | 23.4x |
| 2027-12-31 | $-0.33 | $-0.41 – $-0.30 | 3 | n/m |
| 2028-12-31 | $-0.04 | $-0.06 – $-0.03 | 3 | n/m |
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
