Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 18.07 as of Sunday, July 26, 2026.
Forward PE Ratio (18.07) = Close Price ($595.19) / Consensus Forward EPS ($32.94)
FORWARD PE RATIO
18.07
SECTOR MEDIAN · COMMUNICATION SERVICES
16.40
median of 21 covered companies
CURRENT VS SECTOR MEDIAN
+10.18%
vs the sector median at left
Meta Platforms, Inc.
Market Cap
$1.51T
Forward PE Ratio
18.07
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Meta Platforms, Inc. (META) | $1.51T | 18.07 |
| Alphabet Inc. (GOOGL)vs › | $3.87T | 16.41 |
| Snap Inc. (SNAP)vs › | $7.36B | N/A |
| Pinterest, Inc. (PINS)vs › | $14.72B | 11.67 |
| Netflix, Inc. (NFLX)vs › | $291.85B | 19.50 |
Trailing P/E
21.6
reported TTM EPS
Forward P/E
18.1
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $32.94 implies +19.8% EPS growth vs the reported trailing $27.50.
At today's $595.19 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 | $32.94 | $30.81 – $35.73 | 42 | 18.1x |
| 2027-12-31 | $35.18 | $31.34 – $38.29 | 42 | 16.9x |
| 2028-12-31 | $40.74 | $31.57 – $58.48 | 34 | 14.6x |
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
