P/E ratio for MercadoLibre (MELI)
P/E ratio as of June 2024 (TTM): 86.3
According to MercadoLibre's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 86.3357. At the end of 2022 the company had a P/E ratio of 88.3.
P/E ratio history for MercadoLibre from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 88.3 | -88.93% |
| 2021 | 798 | -103.33% |
| 2020 | < -1000 | 15089.03% |
| 2019 | -158 | -55.88% |
| 2018 | -357 | -136.32% |
| 2017 | 983 | 1839.67% |
| 2016 | 50.7 | 5.97% |
| 2015 | 47.8 | -38.92% |
| 2014 | 78.3 | 93.29% |
| 2013 | 40.5 | 18.65% |
| 2012 | 34.2 | -25.29% |
| 2011 | 45.7 | -12.88% |
| 2010 | 52.5 | -25.14% |
| 2009 | 70.1 | 83.67% |
| 2008 | 38.2 | -88.62% |
| 2007 | 335 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Amazon AMZN | 91.5 | 5.97% | 🇺🇸 USA |
 Meta (Facebook) FB | 14.7 | -83.00% | 🇺🇸 USA |
 eBay EBAY | 21.4 | -75.18% | 🇺🇸 USA |
 Salesforce CRM | 135 | 56.84% | 🇺🇸 USA |
 Liquidity Services
LQDT | 26.7 | -69.04% | 🇺🇸 USA |
 GPA CBD | -0.1996 | -100.23% | 🇧🇷 Brazil |
 Bank of Montreal
BMO | 11.7 | -86.41% | 🇨🇦 Canada |
 CoStar Group CSGP | 79.1 | -8.44% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.