Question 1

What is MercadoLibre's P/S ratio?

Accepted Answer

MercadoLibre (MELI) P/S ratio is 2.9× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. 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/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for MercadoLibre?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For MercadoLibre specifically, the relevant sector benchmark is the current sector median of 1.8×.

Question 5

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

Accepted Answer

MercadoLibre's P/S ratio of 2.9× is below its own 5-year average of 5.8× and above the sector median of 1.8×. That places the current reading at the 3th 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/S ratio range?

Accepted Answer

In the available daily series, MercadoLibre (MELI) P/S ratio has ranged from a low of 2.5× in 2026 to a high of 40.7× in 2007. The 5-year average is 5.8× and the 5-year median is 4.7×.

Question 7

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

Accepted Answer

MercadoLibre (MELI) P/S ratio at the end of 2025 was 3.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

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

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). 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	$102B	$28.9B	3.5×	-0.6×	Dec 31, 2025
2024	$86.2B	$20.8B	4.1×	-1.2×	Dec 31, 2024
2023	$79.6B	$15B	5.3×	+1.3×	Dec 31, 2023
2022	$42.6B	$10.5B	4.0×	-5.5×	Dec 31, 2022
2021	$67.2B	$7.07B	9.5×	-11.5×	Dec 31, 2021
2020	$83.5B	$3.97B	21.0×	+8.6×	Dec 31, 2020
2019	$28.4B	$2.3B	12.4×	+3.4×	Dec 31, 2019
2018	$12.9B	$1.44B	8.9×	-1.7×	Dec 31, 2018
2017	$13.8B	$1.3B	10.7×	+2.5×	Dec 31, 2017
2016	$6.89B	$844M	8.2×	+0.4×	Dec 31, 2016
2015	$5.05B	$652M	7.7×	-2.4×	Dec 31, 2015
2014	$5.64B	$557M	10.1×	+0.1×	Dec 31, 2014
2013	$4.76B	$473M	10.1×	+0.8×	Dec 31, 2013
2012	$3.47B	$374M	9.3×	-2.5×	Dec 31, 2012
2011	$3.51B	$299M	11.7×	-1.8×	Dec 31, 2011
2010	$2.94B	$217M	13.6×	+0.3×	Dec 31, 2010
2009	$2.29B	$173M	13.2×	+7.9×	Dec 31, 2009
2008	$725M	$137M	5.3×	-35.4×	Dec 31, 2008
2007	$3.46B	$85.1M	40.7×	+33.6×	Dec 31, 2007
2006	$371M	$52.1M	7.1×	-5.9×	Dec 31, 2006
2005	$368M	$28.2M	13.0×	—	Dec 31, 2005


D.R. Horton (DHI)	1.4×
Carnival Corporation (CCL)	1.4×
Lululemon Athletica (LULU)	1.3×
Toll Brothers (TOL)	1.2×
Li Auto (LI)	1.2×
Ball (BALL)	1.2×
Weyco Group (WEYS)	1.1×
NIO (NIO)	1.1×
Amcor (AMCR)	0.9×
Norwegian Cruise Line (NCLH)	0.9×
XPeng (XPEV)	0.8×
Smurfit Westrock (SW)	0.7×
V.F. (VFC)	0.7×
Lennar (LEN)	0.7×
Genuine Parts (GPC)	0.6×
KB Home (KBH)	0.6×
Mohawk Industries (MHK)	0.5×
LKQ (LKQ)	0.5×
MGM Resorts (MGM)	0.5×
Polaris (PII)	0.4×
General Motors (GM)	0.4×
ChargePoint Holdings (CHPT)	0.4×
Leggett & Platt (LEG)	0.3×
Best Buy Co. (BBY)	0.3×
Ford Motor (F)	0.2×

P/S Ratio for MercadoLibre (MELI) 2005-2026

P/S Ratio daily chart for MercadoLibre (MELI)

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

About P/S Ratio at MercadoLibre (MELI)

MercadoLibre P/S Ratio by Year

MercadoLibre P/S Ratio 2025: 3.5×

MercadoLibre P/S Ratio 2024: 4.1×

MercadoLibre P/S Ratio 2023: 5.3×

MercadoLibre P/S Ratio 2022: 4.0×

MercadoLibre P/S Ratio 2021: 9.5×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

MercadoLibre (MELI) Key Financials