Question 1

What is MercadoLibre's P/E ratio?

Accepted Answer

MercadoLibre (MELI) P/E ratio is 42.5× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for MercadoLibre?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For MercadoLibre specifically, the relevant sector benchmark is the current sector median of 21.9×.

Question 5

Is MercadoLibre's P/E ratio high or low?

Accepted Answer

MercadoLibre's P/E ratio of 42.5× is below its own 5-year average of 180.0× and above the sector median of 21.9×. That places the current reading at the 1th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is MercadoLibre's historical P/E ratio range?

Accepted Answer

In the available daily series, MercadoLibre (MELI) P/E ratio has ranged from a low of 32.2× in 2014 to a high of 1949.5× in 2019. The 5-year average is 180.0× and the 5-year median is 72.4×.

Question 7

What was MercadoLibre's P/E ratio in 2025?

Accepted Answer

MercadoLibre (MELI) P/E ratio at the end of 2025 was 51.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does MercadoLibre's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$102.12B	$2.00B	51.1×	+6.0×	Dec 31, 2025
2024	$86.21B	$1.91B	45.1×	-35.5×	Dec 31, 2024
2023	$79.57B	$987.00M	80.6×	-7.7×	Dec 31, 2023
2022	$42.55B	$482.00M	88.3×	-721.8×	Dec 31, 2022
2021	$67.15B	$82.90M	810.1×	—	Dec 31, 2021
2020	$83.46B	−$707.00K	—	—	Dec 31, 2020
2019	$28.43B	−$172.00M	—	—	Dec 31, 2019
2018	$12.88B	−$36.59M	—	—	Dec 31, 2018
2017	$13.84B	$13.78M	1004.1×	+953.6×	Dec 31, 2017
2016	$6.89B	$136.37M	50.6×	+2.8×	Dec 31, 2016
2015	$5.05B	$105.79M	47.7×	-29.9×	Dec 31, 2015
2014	$5.64B	$72.58M	77.7×	+37.2×	Dec 31, 2014
2013	$4.76B	$117.51M	40.5×	+6.2×	Dec 31, 2013
2012	$3.47B	$101.25M	34.3×	-11.5×	Dec 31, 2012
2011	$3.51B	$76.78M	45.7×	-6.8×	Dec 31, 2011
2010	$2.94B	$56.03M	52.5×	-16.4×	Dec 31, 2010
2009	$2.29B	$33.21M	68.9×	+30.3×	Dec 31, 2009
2008	$725.15M	$18.81M	38.5×	-318.9×	Dec 31, 2008
2007	$3.46B	$9.69M	357.5×	+11.6×	Dec 31, 2007
2006	$370.81M	$1.07M	345.9×	+189.4×	Dec 31, 2006
2005	$368.45M	$2.35M	156.5×	—	Dec 31, 2005


Las Vegas Sands (LVS)	19.6×
Avery Dennison (AVY)	19.3×
Williams-Sonoma (WSM)	19.1×
Expedia Group (EXPE)	18.9×
Etsy (ETSY)	16.9×
Ball (BALL)	16.8×
Royal Caribbean Cruises (RCL)	16.6×
Lennar (LEN)	15.6×
GameStop (GME)	15.6×
Norwegian Cruise Line (NCLH)	15.0×
NVR (NVR)	14.8×
Masco (MAS)	14.6×
LKQ (LKQ)	14.5×
Mohawk Industries (MHK)	14.3×
Carnival Corporation (CCL)	14.0×
Deckers Outdoor (DECK)	13.8×
Weyco Group (WEYS)	12.8×
D.R. Horton (DHI)	12.5×
Best Buy Co. (BBY)	11.1×
PulteGroup (PHM)	11.0×
PDD Holdings (PDD)	10.7×
Toll Brothers (TOL)	10.5×
Lululemon Athletica (LULU)	10.2×
Leggett & Platt (LEG)	6.1×
Sonoco Products (SON)	5.1×

P/E Ratio for MercadoLibre (MELI)

P/E Ratio daily chart for MercadoLibre (MELI)

Historical P/E Ratio for MercadoLibre (MELI) from 2005 to 2025

About P/E Ratio at MercadoLibre (MELI)

MercadoLibre P/E Ratio by Year

MercadoLibre P/E Ratio 2025: 51.1×

MercadoLibre P/E Ratio 2024: 45.1×

MercadoLibre P/E Ratio 2023: 80.6×

MercadoLibre P/E Ratio 2022: 88.3×

MercadoLibre P/E Ratio 2021: 810.1×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

MercadoLibre (MELI) Key Financials

P/E Ratio daily chart for MercadoLibre (MELI)

Historical P/E Ratio for MercadoLibre (MELI) from 2005 to 2025

About P/E Ratio at MercadoLibre (MELI)

MercadoLibre P/E Ratio by Year

MercadoLibre P/E Ratio 2025: 51.1×

MercadoLibre P/E Ratio 2024: 45.1×

MercadoLibre P/E Ratio 2023: 80.6×

MercadoLibre P/E Ratio 2022: 88.3×

MercadoLibre P/E Ratio 2021: 810.1×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is MercadoLibre's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for MercadoLibre?

+Is MercadoLibre's P/E ratio high or low?

+What is MercadoLibre's historical P/E ratio range?

+What was MercadoLibre's P/E ratio in 2025?

+Why does MercadoLibre's P/E ratio change over time?

MercadoLibre (MELI) Key Financials