P/E ratio for MercadoLibre (MELI)
P/E ratio as of March 2023 (TTM): 220
According to MercadoLibre's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 219.911. At the end of 2021 the company had a P/E ratio of 798.
P/E ratio history for MercadoLibre from 2007 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Amazon AMZN | 87.8 | -60.06% | 🇺🇸 USA |
 Meta (Facebook) FB | 14.7 | -93.33% | 🇺🇸 USA |
 eBay EBAY | -392 | -278.09% | 🇺🇸 USA |
 Salesforce CRM | 882 | 301.22% | 🇺🇸 USA |
 Liquidity Services
LQDT | 10.2 | -95.37% | 🇺🇸 USA |
 GPA CBD | 3.75 | -98.30% | 🇧🇷 Brazil |
 Bank of Montreal
BMO | 7.09 | -96.78% | 🇨🇦 Canada |
 CoStar Group CSGP | 77.6 | -64.71% | 🇺🇸 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.