Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 24.93 as of Saturday, August 8, 2026.
Forward PE Ratio (24.93) = Close Price ($34.48) / Consensus Forward EPS ($1.38)
FORWARD PE RATIO
24.93
SECTOR MEDIAN · TECHNOLOGY
28.65
median of 146 covered companies
CURRENT VS SECTOR MEDIAN
-12.98%
vs the sector median at left
Toast, Inc.
Market Cap
$20.00B
Forward PE Ratio
24.93
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Toast, Inc. (TOST) | $20.00B | 24.93 |
| Super Micro Computer, Inc. (SMCI)vs › | $20.14B | 11.11 |
| Fabrinet (FN)vs › | $20.15B | 40.72 |
| BE Semiconductor Industries N.V. (BESIY)vs › | $20.27B | 58.12 |
| MKS Inc. (MKSI)vs › | $20.60B | 25.88 |
| Broadridge Financial Solutions, Inc. (BR)vs › | $19.26B | 17.43 |
| Unity Software Inc. (U)vs › | $18.77B | N/A |
| Fortive Corporation (FTV)vs › | $18.64B | 20.49 |
| Zebra Technologies Corporation (ZBRA)vs › | $17.93B | 18.12 |
| Fidelity National Information Services, Inc. (FIS)vs › | $22.11B | 6.88 |
Trailing P/E
44.2
reported TTM EPS
Forward P/E
24.9
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.38 implies +76.9% EPS growth vs the reported trailing $0.78.
At today's $34.48 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 | $1.38 | $1.33 – $1.42 | 12 | 24.9x |
| 2027-12-31 | $1.72 | $1.66 – $1.83 | 13 | 20.0x |
| 2028-12-31 | $2.14 | $1.68 – $2.51 | 9 | 16.1x |
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