Subject: Re: End of an era - profit slowdown
If I go by analyst projections, MSFT's consensus projected EPS for the fiscal year ending June 2025 is $12.7. For June 2026, it is $15.

So if we assume MSFT grows in line with analyst's projections, it's at 25 p/e for July 2025 - June 2026 earnings (i.e., the fiscal year starting 18 months from now). For 2025 - 2026 (still further afield than "forward P/E"), it is at 29.45 P/E.

Maybe the analysts are significantly underestimating how fast MSFT (and its 2.78 trillion dollar market cap) can grow, but those aren't exactly bearish EPS growth projections.