- Stocks
- Consumer Cyclical
- NASDAQ: MELI
- PE Ratio
As at Sep 16, 2024, the MELI stock has a PE ratio of 76.07. This is based on the current EPS of $27.68 and the stock price of $2,105.51 per share. An increase of 12% has been seen in the P/E ratio compared to the average of 67.8 of the last 4 quarters.
MELI PE ratio history
How has MELI's PE ratio performed in the past
The mean historical PE ratio of Mercadolibre over the last ten years is 322.6. The current 76.07 PE ratio is 76% below the historical average. Over the past ten years, MELI's PE ratio was at its highest in the Jun 2019 quarter at 3,823.56, with a price of $611.77 and an EPS of $0.16. The Mar 2016 quarter recorded the bottom point at 38.77, with a price of $117.85 and an EPS of $3.04.
Average
322.6
Median
78.33
Minimum
38.77
Mercadolibre PE ratio by year
Maximum annual increase: 1,908.77% in 2017
Maximum annual decrease: -89.05% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 80.02 | -9.51% |
| 2022 | 88.43 | -89.05% |
| 2021 | 807.43 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | 1,015.03 | 1,908.77% |
| 2016 | 50.53 | 6.07% |
| 2015 | 47.64 | -39.18% |
| 2014 | 78.33 | 93.31% |
MELI average PE ratio chart
What is the average PE ratio of MELI for the past years
MELI's current P/E ratio is below the 3, 5 and 10-year averages.
3-year avg
251.95
5-year avg
251.95
15-year avg
206.25
MELI PE vs peers
What is MELI's PE ratio compared to its peers
Compared to its peer CSGP, MELI's PE ratio stands lower, however it is higher than GOOGL's and AMZN's. Mercadolibre's PE ratio is trading above the peer group average of 31.31.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EBAY Ebay Inc | 12.57 | $31.73B |
| GOOGL Alphabet Inc | 22.66 | $1.96T |
| LQDT Liquidity Services Inc | 34.18 | $688.81M |
| AMZN Amazon Com Inc | 43.77 | $1.96T |
| CRM Salesforcecom Inc | 43.92 | $243.96B |
| MELI Mercadolibre Inc | 74.94 | $105.16B |
| CSGP Costar Group Inc | 145.63 | $31.04B |
Frequently asked questions
What is Mercadolibre's PE ratio?
As of Sep 16, 2024, MELI stock has a price to earnings ratio of 76.07.
What is the 3-year average PE ratio for Mercadolibre (MELI)?
Over the last 3 years, the average price to earnings ratio for MELI stock is 251.95.
What is the 5-year average PE ratio for Mercadolibre (MELI)?
Over the last 5 years, the average price to earnings ratio for MELI stock is 251.95.
What is the highest PE ratio for MELI?
Over the last ten years, the quarterly PE ratio reached a historic high of 3,823.56 in the Jun 2019 quarter.
How does the current PE ratio for MELI compare to its historical average?
MELI's current price to earnings ratio is 76% below its 10-year historical average.
Why is Mercadolibre's PE ratio so high?
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
How is MELI's PE ratio calculated (Mercadolibre PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Sep 16, 2024), Mercadolibre's stock price is $2,105.51. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $27.68. Therefore, Mercadolibre's P/E ratio for today is 76.07. PE RATIO(76.07) = STOCK PRICE($2,105.51) / TTM EPS($27.68)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.
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