Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 30.42.
Forward PE Ratio (30.42) = Close Price ($261.59) / Consensus Forward EPS ($8.51)
FORWARD PE RATIO
30.42
SECTOR MEDIAN · TECHNOLOGY
26.65
median of 155 covered companies
CURRENT VS SECTOR MEDIAN
+14.15%
vs the sector median at left
Texas Instruments Incorporated
Market Cap
$238.90B
Forward PE Ratio
30.42
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Texas Instruments Incorporated (TXN) | $238.90B | 30.42 |
| KLA Corporation (KLAC)vs › | $238.93B | 50.94 |
| Arista Networks, Inc. (ANET)vs › | $242.93B | 47.48 |
| SAP SE (SAP)vs › | $243.69B | 29.80 |
| International Business Machines Corporation (IBM)vs › | $226.06B | 18.85 |
| Sandisk Corporation (SNDK)vs › | $261.25B | 26.01 |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $211.59B | N/A |
| Marvell Technology, Inc. (MRVL)vs › | $205.81B | 79.24 |
| Palo Alto Networks, Inc. (PANW)vs › | $273.11B | N/A |
| Amphenol Corporation (APH)vs › | $200.58B | 31.07 |
Trailing P/E
39.4
reported TTM EPS
Forward P/E
30.4
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $8.51 implies +29.3% EPS growth vs the reported trailing $6.58.
At today's $261.59 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 | $8.51 | $7.93 – $9.07 | 21 | 30.7x |
| 2027-12-31 | $10.27 | $9.50 – $11.45 | 22 | 25.5x |
| 2028-12-31 | $12.04 | $10.21 – $18.16 | 18 | 21.7x |
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
