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MercadoLibre, Inc. MercadoLibre, Inc.

MercadoLibre, Inc.

MELI
Rank in Stocks #275
MercadoLibre, Inc. operates as a prominent provider of digital commerce... MercadoLibre, Inc. operates as a prominent provider of digital commerce platforms throughout Latin America. Its primary service, the Mercado Libre Marketplace, is an automated online system allowing businesses, independent vendors, and private individuals to list merchandise and finalize sales. Supporting this, the Mercado Pago FinTech platform offers a financial technology solution, facilitating transactions both on and off its e-commerce sites by enabling users to securely send and receive online payments and transfer funds via web and mobile applications. The company further expands its financial offerings through Mercado Fondo, a service that permits users to invest balances held in their Mercado Pago accounts, and Mercado Credito, which extends credit options to qualified merchants and consumers. For logistics, Mercado Envios provides a comprehensive solution, empowering sellers on its platform to utilize third-party delivery services and other logistical partners, including warehousing and fulfillment capabilities. Beyond these core services, MercadoLibre also runs Mercado Libre Classifieds, an online classifieds platform for motor vehicles, real estate, and professional services. Mercado Libre Ads serves as an advertising platform, assisting major retailers and brands in promoting their products and services across the internet. Lastly, Mercado Shops offers a solution for users to establish, manage, and market their personalized online storefronts. Founded in 1999, MercadoLibre, Inc. is headquartered in Montevideo, Uruguay.
Share Price
$1,693.74
Last synced: 2026-10-02
Market Cap
$85.87B
Change (1 day)
0.51%
Change (1 year)
-22.05%
Country
UY
Trade MercadoLibre, Inc. (MELI)
P/E ratio for MercadoLibre, Inc. (MELI)
P/E ratio as of October 2026 TTM: 47.03
According to MercadoLibre, Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 47.03. At the end of 2023 the company had a P/E ratio of 80.03.
P/E ratio history for MercadoLibre, Inc. from 2002 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 47.03 4.27%
2024 45.11 -43.63%
2023 80.03 -9.46%
2022 88.39 -89.08%
2021 809.09 -100.69%
2020 -117.86K 72,689.96%
2019 -161.92 -54.57%
2018 -356.44 -135.35%
2017 1.01K 1,894.27%
2016 50.56 5.94%
2015 47.72 -38.55%
2014 77.67 91.76%
2013 40.50 18.25%
2012 34.25 -25.09%
2011 45.73 -12.89%
2010 52.49 -23.78%
2009 68.86 78.44%
2008 38.59 -79.87%
2007 191.69 -44.58%
2006 345.87 120.99%
2005 156.51 -196.10%
2004 -162.86 79.81%
2003 -90.57 -21.87%
2002 -115.93 0.00%
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
19.77 -57.96%
US
23.53 -49.98%
CN
7.85 -83.32%
IE
26.94 -42.72%
US
35.93 -23.62%
SG
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.