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MELI Mercadolibre PE ratio, current and historical analysis

As at Jun 18, 2024, the MELI stock has a PE ratio of 70.18. This is based on the current EPS of $22.42 and the stock price of $1,573.4 per share. A decrease of 3.4% has been seen in the P/E ratio compared to the average of 72.6 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 322.48. The current 70.18 PE ratio is 78% 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
322.48
Median
78.33
Minimum
38.77
Maximum
3,823.56

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
269.45
5-year avg
565.63
10-year avg
322.48
15-year avg
205.97

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 31.51.

Stock name PE ratio Market cap
EBAY Ebay Inc 10.7 $27.23B
GOOGL Alphabet Inc 26.82 $2.18T
LQDT Liquidity Services Inc 28.51 $582.21M
CRM Salesforcecom Inc 42.71 $233.03B
AMZN Amazon Com Inc 50.97 $1.93T
MELI Mercadolibre Inc 70.07 $79.64B
CSGP Costar Group Inc 101.46 $29.83B

Frequently asked questions

What is Mercadolibre's PE ratio?

As of Jun 18, 2024, MELI stock has a price to earnings ratio of 70.18.

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 269.45.

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 565.63.

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 78% 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 (Jun 18, 2024), Mercadolibre's stock price is $1,573.4. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $22.42. Therefore, Mercadolibre's P/E ratio for today is 70.18. PE RATIO(70.18) = STOCK PRICE($1,573.4) / TTM EPS($22.42)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.