Mercado Libre (MELI) valuation
Mercado Libre P/E ratio history
Mercado Libre trades at 44.2 times its earnings over the last twelve months and 34.4 times the earnings analysts expect over the next twelve. At its last 5 fiscal year ends its P/E ranged from 45.1 (year to Dec 2024) to 88.7 (year to Dec 2022), with a median of 51.1.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $2,014 | $39.40 | 51.1 | 36.6 |
| Dec 31, 2024 | $1,700 | $37.69 | 45.1 | 39.7 |
| Dec 31, 2023 | $1,572 | $19.54 | 80.4 | 51.6 |
| Dec 31, 2022 | $846.24 | $9.54 | 88.7 | 65.6 |
| Dec 31, 2021 | $1,348 | $1.69 | n/m | 182.2 |
| Dec 31, 2020 | $1,675 | — | n/m | — |
| Dec 31, 2019 | $571.94 | -$3.63 | n/m | — |
| Dec 31, 2018 | $292.85 | -$0.82 | n/m | — |
| Dec 31, 2017 | $314.66 | $0.32 | n/m | — |
| Dec 31, 2016 | $156.14 | $3.08 | 50.7 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Mercado Libre valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| Mercado LibreMELI | $82.4B | 44.2 | 34.4 | 2.3 |
| DoorDashDASH | $78.0B | 73.7 | — | 4.9 |
| CarvanaCVNA | $75.2B | 32.9 | 32.9 | 2.7 |
| eBayEBAY | $54.1B | 26.4 | 18.1 | 4.4 |
| ShopifySHOP | $204B | 105.7 | 72.1 | 15.4 |
| Amazon.comAMZN | $2.59T | 19.4 | 24.3 | 3.3 |
| Peer median | 32.9 | 28.6 | 4.4 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: MELI financials · MELI returns
No forecast, no recommendation. This page describes Mercado Libre from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.