As at May 3, 2024, the MELI stock has a PE ratio of 72.73. This is based on the current EPS of $22.42 and the stock price of $1,630.56 per share. The current PE ratio is comparable to the past four-quarter average.
The mean historical PE ratio of Mercadolibre over the last ten years is 322.48. The current 72.73 PE ratio is 77% 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.
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's current P/E ratio is below the 3, 5 and 10-year averages.
Compared to its peer CSGP, MELI's PE ratio stands lower, however it is higher than GOOGL's and AMZN's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EBAY Ebay Inc | 9.87 | $25.12B |
| GOOGL Alphabet Inc | 25.46 | $2.07T |
| LQDT Liquidity Services Inc | 28.95 | $551.41M |
| AMZN Amazon Com Inc | 51.16 | $1.94T |
| CRM Salesforcecom Inc | 64.39 | $265.45B |
| MELI Mercadolibre Inc | 72.73 | $82.67B |
| CSGP Costar Group Inc | 126.71 | $37.25B |
As of May 3, 2024, MELI stock has a price to earnings ratio of 72.73.
Over the last 3 years, the average price to earnings ratio for MELI stock is 269.45.
Over the last 5 years, the average price to earnings ratio for MELI stock is 565.63.
Over the last ten years, the quarterly PE ratio reached a historic high of 3,823.56 in the Jun 2019 quarter.
MELI's current price to earnings ratio is 77% below its 10-year historical average.
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (May 3, 2024), Mercadolibre's stock price is $1,630.56. 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 72.73. PE RATIO(72.73) = STOCK PRICE($1,630.56) / TTM EPS($22.42)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.