MELI Mercadolibre PE ratio, current and historical analysis
As at Dec 26, 2024, the MELI stock has a PE ratio of 61.16. This is based on the current EPS of $28.33 and the stock price of $1,732.76 per share. A decrease of 12% has been seen in the P/E ratio compared to the average of 69.8 of the last 4 quarters.
MELI PE ratio history
The mean historical PE ratio of Mercadolibre over the last ten years is 323.05. The current 61.16 PE ratio is 81% 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.
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
MELI's current P/E ratio is below the 3, 5 and 10-year averages.
MELI PE vs 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 38.83.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EBAY Ebay Inc | 15.95 | $30.56B |
| GOOGL Alphabet Inc | 25.7 | $2.39T |
| AMZN Amazon Com Inc | 47.6 | $2.39T |
| LQDT Liquidity Services Inc | 49.35 | $1B |
| CRM Salesforcecom Inc | 55.56 | $327.03B |
| MELI Mercadolibre Inc | 61.16 | $87.85B |
| CSGP Costar Group Inc | 170 | $29.97B |
Frequently asked questions
What is Mercadolibre's PE ratio?
As of Dec 26, 2024, MELI stock has a price to earnings ratio of 61.16.
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 169.96.
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 238.14.
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 81% below its 10-year historical average.
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 (Dec 26, 2024), Mercadolibre's stock price is $1,732.76. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $28.33. Therefore, Mercadolibre's P/E ratio for today is 61.16. PE RATIO(61.16) = STOCK PRICE($1,732.76) / TTM EPS($28.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.