Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 50.15.
Forward PE Ratio (50.15) = Close Price ($1922.73) / Consensus Forward EPS ($38.34)
FORWARD PE RATIO
50.15
SECTOR MEDIAN · CONSUMER CYCLICAL
20.46
median of 77 covered companies
CURRENT VS SECTOR MEDIAN
+145.11%
vs the sector median at left
MercadoLibre, Inc.
Market Cap
$97.48B
Forward PE Ratio
50.15
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| MercadoLibre, Inc. (MELI) | $97.48B | 50.15 |
| Marriott International, Inc. (MAR)vs › | $92.93B | 30.44 |
| BYD Company Limited (BYDDY)vs › | $107.02B | N/A |
| Airbnb, Inc. (ABNB)vs › | $111.17B | 35.48 |
| General Motors Company (GM)vs › | $79.53B | N/A |
| Royal Caribbean Cruises Ltd. (RCL)vs › | $78.31B | 16.42 |
| Ferrari N.V. (RACE)vs › | $76.79B | 43.39 |
| Ross Stores, Inc. (ROST)vs › | $76.68B | 36.64 |
| Carvana Co. (CVNA)vs › | $76.65B | 43.23 |
| O'Reilly Automotive, Inc. (ORLY)vs › | $73.85B | 27.13 |
Trailing P/E
52.3
reported TTM EPS
Forward P/E
50.1
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $38.34 implies +4.3% EPS growth vs the reported trailing $36.75.
At today's $1922.73 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 | $38.34 | $35.50 – $41.21 | 14 | 50.1x |
| 2027-12-31 | $55.08 | $47.71 – $60.70 | 15 | 34.9x |
| 2028-12-31 | $78.19 | $65.31 – $94.24 | 17 | 24.6x |
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