MercadoLibre, Inc.MELI

Where MELI's P/B sits inside its own 10-year distribution, with the yearly high, low and average.

$1,978.36-12.70 (-0.64%)Previous close
NASDAQConsumer Cyclical

MELI P/B: current value, 10-year range and year-by-year history

12.8Historically cheap

MELI's p/b is lower than 83% of the last 10 years.

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
MELI P/B historyMELI P/B from Sep 2023 to Sep 2026: low 10.77, high 32.44, latest 12.8.9.0415.3221.6127.8934.17Sep 23Apr 24Nov 24Jun 25Feb 26Sep 26med 22.38

MELI P/B by year

Yearly range of MELI’s p/b from 2016 to 2026. Over the full period it ranged from -2,662.0 to 1,201.3, averaging 7.9.

MELI P/B — yearly low, average, high and year-end values
YearLowAverageHighYear-end
202610.812.917.212.8
202515.121.226.415.1
202419.825.330.019.8
202321.429.535.628.8
202219.429.643.426.6
2021-2,662.0-174.41,201.343.9
202010.825.450.550.5
20199.622.468.213.7
201833.661.0109.739.3
201716.624.735.834.2
201616.919.223.217.5

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How much the market pays relative to the company's accounting net worth (assets minus liabilities). P/B < 1 means the market values the company below what the books say it owns.

FormulaPrice / Book Value Per Share
Full guide
How to read this chart

Most useful for asset-heavy businesses: banks, insurers, REITs. A P/B near its historical low suggests the market is paying unusually little for the net assets.

Key caveats
  • Goodwill and intangibles from acquisitions can inflate book value significantly — some analysts prefer tangible book value.
  • Low P/B in technology or software companies is usually irrelevant: their value is in IP and people, not balance sheet assets.

Is MELI P/B High or Low Right Now?

MercadoLibre, Inc.'s P/B is currently 12.8, which is historically cheap relative to its 10-year historical range. The 10-year median P/B for MELI is approximately 25.7. See all MELI valuation metrics →

Pro — up to 30-year history

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