MercadoLibre, Inc.MELI

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

$1,897.37-8.87 (-0.47%)Previous close
NASDAQConsumer Cyclical

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

51.6Below average

MELI's p/e ratio is lower than 65% of the last 10 years.

P/E ratio History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
MELI P/E ratio historyMELI P/E ratio from Sep 2023 to Sep 2026: low 40.61, high 94.56, latest 51.63.36.2951.9467.5883.2398.88Sep 23Apr 24Nov 24Jul 25Feb 26Sep 26med 59.15

MELI P/E ratio by year

Yearly range of MELI’s p/e ratio from 2016 to 2026. Over the full period it ranged from -198,434.0 to 2,238.4, averaging -6,117.5.

MELI P/E ratio — yearly low, average, high and year-end values
YearLowAverageHighYear-end
202640.648.258.351.6
202544.255.264.651.1
202445.172.793.545.1
202360.395.5133.981.0
2022135.2307.0798.2159.7
2021-198,434.0-56,264.11,075.5807.4
2020-167,522.0-5,262.7-108.6-167,522.0
2019-2,360.7-196.32,238.4-166.3
2018-356.4107.21,293.6-356.4
201752.377.1109.4104.5
201654.059.667.855.8

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How much the market pays for each dollar of annual profit. P/E = Stock Price / EPS. The raw number means little — what matters is whether it's high or low relative to the company's own history.

FormulaPrice / Earnings Per Share
Full guide
How to read this chart

The chart shows five color-coded historical zones: green (below 10th percentile) means historically very cheap, fading through lime and gray (the normal 25th–75th range) to orange and red (historically expensive). When the line sits in a green or lime zone, the stock is trading at an unusually low P/E relative to its own history.

Key caveats
  • Cyclical businesses look cheapest on P/E at peak earnings — the "earnings trap." Use EV/EBITDA or normalised earnings for energy, materials, and financials.
  • A falling P/E trend may signal a business in structural decline, not a buying opportunity.

Is MELI P/E ratio High or Low Right Now?

MercadoLibre, Inc.'s P/E ratio is currently 51.6, which is below average relative to its 10-year historical range. The 10-year median P/E ratio for MELI is approximately 59.4. See all MELI valuation metrics →

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