Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 32.37 as of Wednesday, August 5, 2026.
Forward PE Ratio (32.37) = Close Price ($135.67) / Consensus Forward EPS ($4.19)
FORWARD PE RATIO
32.37
SECTOR MEDIAN · TECHNOLOGY
27.79
median of 146 covered companies
CURRENT VS SECTOR MEDIAN
+16.50%
vs the sector median at left
Qnity Electronics, Inc.
Market Cap
$28.40B
Forward PE Ratio
32.37
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Qnity Electronics, Inc. (Q) | $28.40B | 32.37 |
| Everpure, Inc (PSTG)vs › | $28.49B | 38.34 |
| Fiserv, Inc. (FISV)vs › | $28.85B | 6.67 |
| Twilio Inc. (TWLO)vs › | $29.33B | N/A |
| Zoom Communications, Inc. (ZM)vs › | $29.51B | 17.11 |
| GLOBALFOUNDRIES Inc. (GFS)vs › | $27.14B | 26.09 |
| Atlassian Corporation (TEAM)vs › | $29.77B | 20.68 |
| ON Semiconductor Corporation (ON)vs › | $29.93B | 26.14 |
| MongoDB, Inc. (MDB)vs › | $30.27B | 78.92 |
| VeriSign, Inc. (VRSN)vs › | $26.52B | 29.97 |
Trailing P/E
48.4
reported TTM EPS
Forward P/E
32.4
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.19 implies +49.6% EPS growth vs the reported trailing $2.80.
At today's $135.67 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 | $4.19 | $4.02 – $4.37 | 4 | 32.4x |
| 2027-12-31 | $4.90 | $4.70 – $5.18 | 4 | 27.7x |
| 2028-12-31 | $5.31 | $5.26 – $5.37 | 2 | 25.5x |
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