Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 45.80 as of Sunday, July 26, 2026.
Forward PE Ratio (45.80) = Close Price ($1801.44) / Consensus Forward EPS ($39.34)
FORWARD PE RATIO
45.80
SECTOR MEDIAN · CONSUMER CYCLICAL
20.41
median of 75 covered companies
CURRENT VS SECTOR MEDIAN
+124.40%
vs the sector median at left
MercadoLibre, Inc.
Market Cap
$91.33B
Forward PE Ratio
45.80
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| MercadoLibre, Inc. (MELI) | $91.33B | 45.80 |
| Marriott International, Inc. (MAR)vs › | $98.73B | 32.22 |
| Airbnb, Inc. (ABNB)vs › | $83.74B | 27.61 |
| BYD Company Limited (BYDDY)vs › | $101.02B | N/A |
| Royal Caribbean Cruises Ltd. (RCL)vs › | $78.73B | 16.94 |
| Ross Stores, Inc. (ROST)vs › | $76.63B | 36.62 |
| General Motors Company (GM)vs › | $74.74B | N/A |
| Hilton Worldwide Holdings Inc. (HLT)vs › | $73.98B | 36.11 |
| O'Reilly Automotive, Inc. (ORLY)vs › | $72.43B | 26.81 |
| Carvana Co. (CVNA)vs › | $66.31B | 39.76 |
Trailing P/E
47.6
reported TTM EPS
Forward P/E
45.8
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $39.34 implies +3.9% EPS growth vs the reported trailing $37.88.
At today's $1801.44 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.
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
| Fiscal year end |
|---|
| Consensus EPS |
|---|
| Estimate range |
|---|
| Analysts |
|---|
| Implied P/E |
|---|
| 2026-12-31 | $39.34 | $35.52 – $49.43 | 12 | 45.8x |
| 2027-12-31 | $56.40 | $47.64 – $66.15 | 14 | 31.9x |
| 2028-12-31 | $78.13 | $62.11 – $94.73 | 15 | 23.1x |
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.
