MELI
Mercadolibre
PE ratio, current and historical analysis
- Stocks
- Consumer Cyclical
- NASDAQ: MELI
- PE Ratio
As at Jun 10, 2026, the MELI stock has a PE ratio of 41.92. This is based on the current EPS of $37.89 and the stock price of $1,588.29 per share. A decrease of 23% has been seen in the P/E ratio compared to the average of 54.6 of the last 4 quarters.
MELI PE ratio history
The mean historical PE ratio of Mercadolibre over the last ten years is 319.75. The current 41.92 PE ratio is 87% 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 Dec 2024 quarter recorded the bottom point at 45.12, with a price of $1,700.44 and an EPS of $37.69.
Mercadolibre PE ratio by year
Maximum annual increase: 1,908.77% in 2017
Maximum annual decrease: -89.05% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 51.12 | 13.3% | $2,014.26 | $39.4 |
| 2024 | 45.12 | -43.61% | $1,700.44 | $37.69 |
| 2023 | 80.02 | -9.51% | $1,571.54 | $19.64 |
| 2022 | 88.43 | -89.05% | $846.24 | $9.57 |
| 2021 | 807.43 | N/A | $1,348.4 | $1.67 |
| 2020 | N/A | N/A | $1,675.22 | -$0.08 |
| 2019 | N/A | N/A | $571.94 | -$3.71 |
| 2018 | N/A | N/A | $292.85 | -$0.82 |
| 2017 | 1,015.03 | 1,908.77% | $314.66 | $0.31 |
| 2016 | 50.53 | 6.07% | $156.14 | $3.09 |
| 2015 | 47.64 | -39.18% | $114.34 | $2.4 |
| 2014 | 78.33 | 93.31% | $127.67 | $1.63 |
| 2013 | 40.52 | 18.65% | $107.79 | $2.66 |
| 2012 | 34.15 | -25.73% | $78.55 | $2.3 |
| 2011 | 45.98 | -12.39% | $79.54 | $1.73 |
Mercadolibre PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 45.63 | -10.74% | $1,729.02 | $37.89 |
| Dec 2025 | 51.12 | -10.38% | $2,014.26 | $39.4 |
| Sep 2025 | 57.04 | -11.66% | $2,336.94 | $40.97 |
| Jun 2025 | 64.57 | 34.55% | $2,613.63 | $40.48 |
| Mar 2025 | 47.99 | 6.36% | $1,950.87 | $40.65 |
| Dec 2024 | 45.12 | -37.71% | $1,700.44 | $37.69 |
| Sep 2024 | 72.43 | 22% | $2,051.96 | $28.33 |
| Jun 2024 | 59.37 | -11.97% | $1,643.4 | $27.68 |
| Mar 2024 | 67.44 | -15.72% | $1,511.96 | $22.42 |
| Dec 2023 | 80.02 | 24.22% | $1,571.54 | $19.64 |
| Sep 2023 | 64.42 | -18.05% | $1,267.88 | $19.68 |
| Jun 2023 | 78.61 | -26.76% | $1,184.6 | $15.07 |
| Mar 2023 | 107.33 | 21.37% | $1,318.06 | $12.28 |
| Dec 2022 | 88.43 | -42.63% | $846.24 | $9.57 |
| Sep 2022 | 154.15 | 14.24% | $827.78 | $5.37 |
MELI Price vs fair value
MELI average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
MELI's current P/E ratio is below the 3, 5 and 10-year averages.
PE comparison
Mercadolibre's P/E of 41.92 is above the Consumer Cyclical sector, the industry and its peers average. Compared to its Consumer Cyclical sector average of 20.28, Mercadolibre's P/E is 107% higher.
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 27.46.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CRM Salesforcecom Inc | 19.69 | $139.98B |
| EBAY Ebay Inc | 23.65 | $47.25B |
| GOOGL Alphabet Inc | 26.92 | $4.32T |
| AMZN Amazon Com Inc | 28.03 | $2.56T |
| LQDT Liquidity Services Inc | 38.99 | $1.18B |
| MELI Mercadolibre Inc | 41.92 | $80.52B |
| CSGP Costar Group Inc | 570.5 | $13.98B |
Frequently asked questions
What is Mercadolibre's PE ratio?
As of Jun 10, 2026, MELI stock has a price to earnings ratio of 41.92.
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 61.15.
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 179.33.
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 87% 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 (Jun 10, 2026), Mercadolibre's stock price is $1,588.29. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $37.89. Therefore, Mercadolibre's P/E ratio for today is 41.92. PE RATIO(41.92) = STOCK PRICE($1,588.29) / TTM EPS($37.89)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.