Microsoft forward PE MSFT
Share price divided by analysts' consensus earnings for the next twelve months, since 1993.
- Today, Oct 23, 2026
- 26.7×
- 10-year median
- 28.2×
- Against its 10-year history
- 40th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 19.9× to 37.8×
- Peer median
- 29.2×
Microsoft's forward PE is 26.7× as of Oct 23, 2026.
That is below its ten-year median of 28.2×, close to the middle of its last ten years.
Over that time it ranged from 19.9× in Jun 2026 to 37.8× in Jul 2024.
The median for 8 technology stocks of a similar size is 29.2×.
Forward PE over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 26.7× | 19.9× | 28.3× |
| 2025 | 28.8× | 25.4× | 34.2× |
| 2024 | 32.2× | 30.6× | 37.8× |
| 2023 | 32.3× | 23.1× | 32.4× |
| 2022 | 24.6× | 22.7× | 34.5× |
| 2021 | 36.9× | 28.5× | 37.7× |
| 2020 | 30.0× | 23.7× | 33.9× |
| 2019 | 29.0× | 21.5× | 29.0× |
| 2018 | 22.1× | 21.6× | 28.2× |
| 2017 | 25.6× | 22.9× | 26.0× |
| 2016 | 22.8× | 20.0× | 23.2× |
| 2015 | 23.4× | 18.7× | 23.6× |
| 2014 | 22.3× | 15.4× | 23.1× |
| 2013 | 16.6× | 10.0× | 17.0× |
| 2012 | 9.9× | 9.9× | 13.4× |
| 2011 | 10.6× | 9.5× | 12.7× |
| 2010 | 12.4× | 11.3× | 16.5× |
| 2009 | 16.3× | 9.2× | 16.6× |
| 2008 | 12.1× | 12.1× | 19.4× |
| 2007 | 20.4× | 17.2× | 23.1× |
Against its peers
Companies in Technology nearest Microsoft's size, closest first, today.
| Company | Forward PE |
|---|---|
| MSFTMicrosoft | 26.7× |
| AAPLApple | 37.5× |
| NVDANVIDIA | 17.5× |
| AVGOBroadcom | 18.6× |
| MUMicron Technology | 5.0× |
| AMDAdvanced Micro Devices | 45.7× |
| PLTRPalantir Technologies | 104× |
| INTCIntel | 50.0× |
| CSCOCisco Systems | 20.9× |
| Peer median | 29.2× |
Where Microsoft ranks
What the forward PE tells you
Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.
Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.
More on Microsoft
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.