Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 28.16 as of Friday, August 7, 2026.
Forward PE Ratio (28.16) = Close Price ($205.50) / Consensus Forward EPS ($7.08)
FORWARD PE RATIO
28.16
SECTOR MEDIAN · TECHNOLOGY
27.88
median of 146 covered companies
CURRENT VS SECTOR MEDIAN
+1.02%
vs the sector median at left
SAP SE
Market Cap
$239.46B
Forward PE Ratio
28.16
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| SAP SE (SAP) | $239.46B | 28.16 |
| Arista Networks, Inc. (ANET)vs › | $242.01B | 47.78 |
| International Business Machines Corporation (IBM)vs › | $222.70B | 18.96 |
| KLA Corporation (KLAC)vs › | $259.75B | 52.08 |
| Texas Instruments Incorporated (TXN)vs › | $261.01B | 33.12 |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $217.15B | 223.38 |
| Amphenol Corporation (APH)vs › | $206.94B | 32.57 |
| Shopify Inc. (SHOP)vs › | $195.76B | 79.85 |
| Marvell Technology, Inc. (MRVL)vs › | $190.92B | 74.01 |
| Analog Devices, Inc. (ADI)vs › | $190.57B | 30.41 |
Trailing P/E
25.2
reported TTM EPS
Forward P/E
28.2
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $7.08 implies -10.4% EPS decline vs the reported trailing $7.90.
At today's $205.50 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 | $7.08 | $6.92 – $7.48 | 11 | 29.0x |
| 2027-12-31 | $8.27 | $8.00 – $8.92 | 11 | 24.8x |
| 2028-12-31 | $9.70 | $8.26 – $11.22 | 12 | 21.2x |
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
