MercadoLibre
MELI
#348
Rank
$47.32 B
Marketcap
Argentina
Country
$941.01
Share price
1.08%
Change (1 day)
-14.78%
Change (1 year)

P/E ratio for MercadoLibre (MELI)

P/E ratio as of December 2022 (TTM): 175

According to MercadoLibre's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 174.909. 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
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

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
85.8-50.92%๐Ÿ‡บ๐Ÿ‡ธ USA
14.7-91.61%๐Ÿ‡บ๐Ÿ‡ธ USA
-411-334.72%๐Ÿ‡บ๐Ÿ‡ธ USA
267 52.81%๐Ÿ‡บ๐Ÿ‡ธ USA
12.7-92.72%๐Ÿ‡บ๐Ÿ‡ธ USA
5.41-96.91%๐Ÿ‡ง๐Ÿ‡ท Brazil
7.51-95.71%๐Ÿ‡จ๐Ÿ‡ฆ Canada
96.5-44.86%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.