MercadoLibre
MELI
#207
Rank
$80.35 B
Marketcap
$1,585
Share price
0.74%
Change (1 day)
32.34%
Change (1 year)

P/E ratio for MercadoLibre (MELI)

P/E ratio as of June 2024 (TTM): 80.5

According to MercadoLibre's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 80.4992. 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
202288.3-88.93%
2021798-103.33%
2020< -100015089.03%
2019-158-55.88%
2018-357-136.32%
20179831839.67%
201650.75.97%
201547.8-38.92%
201478.393.29%
201340.518.65%
201234.2-25.29%
201145.7-12.88%
201052.5-25.14%
200970.183.67%
200838.2-88.62%
2007335

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
94.9 17.95%๐Ÿ‡บ๐Ÿ‡ธ USA
14.7-81.77%๐Ÿ‡บ๐Ÿ‡ธ USA
21.6-73.14%๐Ÿ‡บ๐Ÿ‡ธ USA
150 86.57%๐Ÿ‡บ๐Ÿ‡ธ USA
26.3-67.38%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.1996-100.25%๐Ÿ‡ง๐Ÿ‡ท Brazil
11.2-86.05%๐Ÿ‡จ๐Ÿ‡ฆ Canada
73.1-9.23%๐Ÿ‡บ๐Ÿ‡ธ 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.