Which stocks are priced for perfection?

A high valuation is a bet that strong growth will continue for years. When it does, the price can keep rising; when it stumbles, the fall can be fast. Knowing which stocks carry the highest expectations shows where disappointment would hurt most.

Updated Sep 27, 2026

% at 40× or more

24 at 40× earnings or more

The typical S&P 500 company worth $10 billion or more trades at 17× next year’s expected earnings. 24 trade at 40× or more; among the largest, CRWD is the richest at 158× earnings and 48× sales.

Median forward P/E 17×469 large companiesExpensive is not the same as overvalued

The 60 highest expectations

Ranked by valuation against earnings and sales together. Expected growth and recent sales growth show what the price is counting on. Select a row for its chart. Select a column to sort.

Company	Valuation	Forward P/E	EV / sales	Expected EPS growth	Sales, 1Y
CRWD CrowdStrike	100Priced for perfection	158×	47.7×	+28%	+24%
PLTR Palantir Technologies	99Priced for perfection	83×	91.8×	+43%	+68%
DDOG Datadog	99Priced for perfection	91×	25.7×	+17%	+30%
PANW Palo Alto Networks	99Priced for perfection	77×	26.6×	+16%	+15%
HOOD Robinhood Markets	98Priced for perfection	41×	31.4×	+35%	+17%
AMD Advanced Micro Devices	97Priced for perfection	40×	27.6×	+108%	+35%
ANET Arista Networks	97Priced for perfection	40×	25.8×	+27%	+31%
FTNT Fortinet	96Priced for perfection	46×	16.6×	+9%	+19%
WELL Welltower	96Priced for perfection	71×	14.7×	+14%	+38%
TSLA Tesla, Inc.	96Priced for perfection	163×	12.4×	+34%	+12%
MPWR Monolithic Power Systems	96Priced for perfection	38×	20.1×	+31%	+29%
PLD Prologis	96Priced for perfection	38×	18.0×	−5%	+7%
TPL Texas Pacific Land Corporation	95Priced for perfection	33×	27.8×	+11%	+15%
DLR Digital Realty	94Priced for perfection	69×	11.9×	−5%	+19%
ESS Essex Property Trust	94Priced for perfection	43×	12.5×	+12%	+3%
EQIX Equinix	94Priced for perfection	54×	11.9×	+9%	+10%
INTC Intel	94Priced for perfection	58×	11.4×	+38%	+7%
CDNS Cadence Design Systems	94Priced for perfection	34×	15.5×	+17%	+15%
AXON Axon Enterprise	93Priced for perfection	41×	12.3×	+38%	+34%
TER Teradyne	93Priced for perfection	34×	14.0×	+27%	+58%
LITE Lumentum	92Priced for perfection	28×	22.9×	+57%	+83%
UDR UDR, Inc.	92Priced for perfection	58×	9.8×	−47%	+2%
KLAC KLA Corporation	92Priced for perfection	28×	18.3×	+23%	+12%
VTR Ventas	92Priced for perfection	92×	8.7×	+62%	+21%
EQR Equity Residential	92Priced for perfection	40×	10.4×	+8%	+3%
ISRG Intuitive Surgical	92Priced for perfection	34×	12.4×	+12%	+21%
O Realty Income	91Priced for perfection	33×	13.4×	+11%	+10%
COIN Coinbase	91Priced for perfection	76×	8.9×	–	−22%
AVB AvalonBay Communities	91Priced for perfection	34×	11.5×	−11%	+4%
SPG Simon Property Group	91Priced for perfection	29×	15.2×	+4%	+15%
CPT Camden Property Trust	91Priced for perfection	87×	8.5×	−1%	−25%
DOC Healthpeak Properties	91Priced for perfection	92×	8.1×	−51%	+3%
HWM Howmet Aerospace	91Priced for perfection	36×	11.1×	+22%	+14%
PSA Public Storage	90Priced for perfection	28×	14.5×	+1%	+3%
LRCX Lam Research	90Rich	26×	17.0×	+26%	+26%
AAPL Apple Inc.	90Rich	32×	10.8×	+11%	+14%
MAA Mid-America Apartment Communities	89Rich	38×	8.7×	−14%	+1%
TXN Texas Instruments	89Rich	27×	13.5×	+21%	+17%
VRSN Verisign	89Rich	26×	16.1×	+13%	+7%
EXR Extra Space Storage	88Rich	27×	12.4×	+5%	+1%
INVH Invitation Homes	88Rich	36×	8.6×	−26%	+7%
GLW Corning Inc.	88Rich	36×	8.4×	+32%	+19%
REG Regency Centers	88Rich	29×	10.5×	+1%	+11%
CIEN Ciena	88Rich	30×	10.2×	+64%	+26%
WST West Pharmaceutical Services	88Rich	37×	7.9×	+11%	+12%
IDXX Idexx Laboratories	88Rich	31×	9.6×	+14%	+13%
LLY Lilly (Eli)	88Rich	25×	15.2×	+28%	+47%
VEEV Veeva Systems	87Rich	27×	11.3×	+11%	+16%
AMAT Applied Materials	87Rich	26×	12.5×	+46%	+8%
TECH Bio-Techne	87Rich	31×	9.3×	+14%	0%
V Visa Inc.	87Rich	24×	16.2×	+14%	+14%
MA Mastercard	86Rich	25×	14.7×	+16%	+16%
WAT Waters Corporation	86Rich	26×	10.7×	+13%	+26%
TKO TKO Group Holdings	86Rich	33×	7.6×	+18%	+9%
MSCI MSCI Inc.	85Rich	25×	13.9×	+14%	+12%
IRM Iron Mountain	85Rich	40×	6.8×	+12%	+16%
NOW ServiceNow	85Rich	27×	9.7×	+23%	+22%
VRT Vertiv	85Rich	28×	8.7×	+37%	+26%
WMB Williams Companies	85Rich	27×	9.6×	+5%	+11%
GE GE Aerospace	85Rich	36×	7.0×	+15%	+22%

How to read this page

How it’s measured. Price to next year’s expected earnings and enterprise value to the past year’s sales, each ranked across S&P 500 companies worth $10 billion or more and averaged. Companies expected to lose money next year are left out.

Sources. Daily prices, company financial statements and analysts’ estimates and ratings from Financial Modeling Prep.

Enterprise value is market value plus debt minus cash, so it compares fairly across companies with different balance sheets. Forward earnings are the analyst consensus.

High valuations can persist for years in great businesses. They describe how much is expected, not when a price will fall.

This page is information, not investment advice. About our data and methods ›

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