Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 35.19 as of 2026-09-10T13:30:00.000Z.
Consensus retrieved: 2026-09-10T03:50:57.801Z. This records retrieval, including cache reads, rather than vendor publication. A quote earlier than this retrieval cannot support current forward valuation.
Quote observation: 2026-09-10T13:30:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: a8a8ae3cbfc55da25ace9dd986f960864325fbfb011b0e488ec43a7b178dcd21
Forward PE Ratio (35.19) = Close Price ($13.81) / Consensus Forward EPS ($0.39)
FORWARD PE RATIO
35.19
SECTOR MEDIAN · COMMUNICATION SERVICES
16.01
median of 17 covered companies
CURRENT VS SECTOR MEDIAN
+119.80%
vs the sector median at left
The Trade Desk, Inc.
Market Cap
$6.49B
Forward PE Ratio
35.19
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| The Trade Desk, Inc. (TTD) | $6.49B | 35.19 |
| Zillow Group, Inc. Class C (Z)vs › | $7.72B | N/A |
| Iridium Communications Inc. (IRDM)vs › | $4.95B | 49.08 |
| Snap Inc. (SNAP)vs › | $8.98B | N/A |
| Liberty Global plc (LBTYA)vs › | $3.48B | N/A |
| Match Group, Inc. (MTCH)vs › | $9.68B | 14.92 |
| Paramount Skydance Corporation Class B Common Stock (PSKY)vs › | $11.21B | 20.55 |
| Pinterest, Inc. (PINS)vs › | $11.54B | N/A |
| Fiverr International Ltd. (FVRR)vs › | $320.32M | 5.50 |
| TKO Group Holdings, Inc. (TKO)vs › | $14.32B | N/A |
Trailing P/E
16.3
reported TTM EPS
Forward P/E
35.2
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $0.39 implies -54.1% EPS decline vs the reported trailing $0.85.
At today's $13.81 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 | $0.39 | $0.35 – $0.42 | 18 | 35.2x |
| 2027-12-31 | $0.24 | $0.11 – $0.29 | 17 | 57.4x |
| 2028-12-31 | $0.44 | $-0.12 – $1.17 | 12 | 31.5x |
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