Forward PE Ratio: 46.45
The forward PE ratio is 46.45 as of Thursday, July 9, 2026.
Forward PE Ratio (46.45) = Close Price ($1807.83) / Consensus Forward EPS ($38.95)
MELI Forward PE Ratio Metrics
FORWARD PE RATIO
46.45
MELI Competitors' Forward PE Ratio
MercadoLibre, Inc.
Market Cap
$91.65B
Forward PE Ratio
46.45
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| MercadoLibre, Inc. (MELI) | $91.65B | 46.45 |
| BYD Company Limited (BYDDY)vs › | $95.48B | N/A |
| Airbnb, Inc. (ABNB)vs › | $87.18B | 27.89 |
| Marriott International, Inc. (MAR)vs › | $98.22B | 32.02 |
| Royal Caribbean Cruises Ltd. (RCL)vs › | $77.26B | 16.19 |
| Hilton Worldwide Holdings Inc. (HLT)vs › | $76.87B | 36.88 |
| Carvana Co. (CVNA)vs › | $73.62B | 43.04 |
| Ross Stores, Inc. (ROST)vs › | $70.76B | 33.38 |
| O'Reilly Automotive, Inc. (ORLY)vs › | $70.54B | 26.06 |
| General Motors Company (GM)vs › | $69.11B | N/A |
Trailing vs Forward
Trailing P/E
47.8
reported TTM EPS
Forward P/E
46.5
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $38.95 implies +2.8% EPS growth vs the reported trailing $37.88.
Forward P/E by Fiscal Year
View All Analyst EstimatesAt today's $1807.83 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 | $38.95 | $35.19 – $48.98 | 12 | 46.4x |
| 2027-12-31 | $56.59 | $46.97 – $65.22 | 13 | 31.9x |
| 2028-12-31 | $78.73 | $62.48 – $95.30 | 15 | 23.0x |
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.
Forward PE Ratio Formula & Definition
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
Forward PE Ratio FAQ
- What is the forward PE ratio for MercadoLibre, Inc. (MELI)?
- The forward PE ratio for MELI stock is 46.45.
Related Metrics
About MercadoLibre, Inc.
MercadoLibre, Inc. operates as a prominent provider of digital commerce platforms throughout Latin America. Its primary service, the Mercado Libre Marketplace, is an automated online system allowing businesses, independent vendors, and private individuals to list merchandise and finalize sales. Supporting this, the Mercado Pago FinTech platform offers a financial technology solution, facilitating transactions both on and off its e-commerce sites by enabling users to securely send and receive online payments and transfer funds via web and mobile applications. The company further expands its financial offerings through Mercado Fondo, a service that permits users to invest balances held in their Mercado Pago accounts, and Mercado Credito, which extends credit options to qualified merchants and consumers. For logistics, Mercado Envios provides a comprehensive solution, empowering sellers on its platform to utilize third-party delivery services and other logistical partners, including warehousing and fulfillment capabilities. Beyond these core services, MercadoLibre also runs Mercado Libre Classifieds, an online classifieds platform for motor vehicles, real estate, and professional services. Mercado Libre Ads serves as an advertising platform, assisting major retailers and brands in promoting their products and services across the internet. Lastly, Mercado Shops offers a solution for users to establish, manage, and market their personalized online storefronts. Founded in 1999, MercadoLibre, Inc. is headquartered in Montevideo, Uruguay.
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- CEO
- Ariel Szarfsztejn