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 18.96 as of 2026-10-06T20:32:37.680Z.
Consensus retrieved: 2026-10-06T15:10:49.092Z. 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: 2026-10-06T20:32:37.680Z.
Quote observation: 2026-10-06T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 7a012f355dc4fbb657f3345ec51c276c75682946ab0a139224a716519270300f
Forward PE Ratio (18.96) = Dated Quote Price ($64.21) / Consensus Forward EPS ($3.39)
FORWARD PE RATIO
18.96
SECTOR MEDIAN · TECHNOLOGY
23.39
median of 315 covered companies
CURRENT VS SECTOR MEDIAN
-18.94%
vs the sector median at left
Penguin Solutions, Inc.
Market Cap
$3.29B
Forward PE Ratio
18.96
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Penguin Solutions, Inc. (PENG) | $3.29B | 18.96 |
| Ultra Clean Holdings, Inc. (UCTT)vs › | $3.28B | 23.39 |
| OSI Systems, Inc. (OSIS)vs › | $3.27B | 17.46 |
| Ouster, Inc. (OUST)vs › | $3.24B | N/A |
| Life360, Inc. (LIF)vs › | $3.35B | 33.10 |
| Extreme Networks, Inc. (EXTR)vs › | $3.21B | N/A |
| Veeco Instruments Inc. (VECO)vs › | $3.40B | N/A |
| Cohu, Inc. (COHU)vs › | $3.45B | 76.95 |
| Navitas Semiconductor Corp (NVTS)vs › | $3.13B | N/A |
| Ionic Digital Inc. Class A (IOND)vs › | $3.11B | 119.54 |
Trailing P/E
46.0
reported TTM EPS
Forward P/E
19.0
consensus EPS · fiscal year ending 2027-08-29
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.39 implies +142.1% EPS growth vs the reported trailing $1.40.
At the dated quote price of $64.21, 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 |
|---|---|---|---|---|
| 2027-08-29 | $3.39 | $3.29 – $3.53 | 3 | 19.0x |
| 2028-08-29 | $4.04 | $3.93 – $4.21 | 1 | 15.9x |
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
