Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 85.81 as of Sunday, July 26, 2026.
Forward PE Ratio (85.81) = Close Price ($323.79) / Consensus Forward EPS ($3.77)
FORWARD PE RATIO
85.81
SECTOR MEDIAN · TECHNOLOGY
25.86
median of 150 covered companies
CURRENT VS SECTOR MEDIAN
+231.83%
vs the sector median at left
Palo Alto Networks, Inc.
Market Cap
$263.89B
Forward PE Ratio
85.81
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Palo Alto Networks, Inc. (PANW) | $263.89B | 85.81 |
| Texas Instruments Incorporated (TXN)vs › | $254.44B | 33.15 |
| KLA Corporation (KLAC)vs › | $275.00B | 56.75 |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $276.65B | 148.34 |
| Palantir Technologies Inc. (PLTR)vs › | $282.23B | 84.35 |
| Dell Technologies Inc. (DELL)vs › | $290.48B | 43.88 |
| Arista Networks, Inc. (ANET)vs › | $219.08B | 47.80 |
| Sandisk Corporation (SNDK)vs › | $212.74B | 21.48 |
| International Business Machines Corporation (IBM)vs › | $201.80B | 17.37 |
| Oracle Corporation (ORCL)vs › | $331.23B | 15.36 |
Trailing P/E
281.6
reported TTM EPS
Forward P/E
85.8
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.77 implies +227.8% EPS growth vs the reported trailing $1.15.
At today's $323.79 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 |
|---|---|---|---|---|
| 2026-07-31 | $3.77 | $3.66 – $3.79 | 29 | 85.8x |
| 2027-07-31 | $4.11 | $3.86 – $4.59 | 17 | 78.7x |
| 2028-07-31 | $4.84 | $2.12 – $7.24 | 12 | 66.9x |
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
