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MercadoLibre (NAS:MELI) Shiller PE Ratio

: 711.52 (As of Today)
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As of today (2023-02-09), MercadoLibre's current share price is $1166.90. MercadoLibre's E10 for the quarter that ended in Sep. 2022 was $1.64. MercadoLibre's Shiller PE Ratio for today is 711.52.

The historical rank and industry rank for MercadoLibre's Shiller PE Ratio or its related term are showing as below:

MELI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 63.56   Med: 205.75   Max: 1770.32
Current: 711.52

During the past years, MercadoLibre's highest Shiller PE Ratio was 1770.32. The lowest was 63.56. And the median was 205.75.

MELI's Shiller PE Ratio is ranked worse than
99.45% of 542 companies
in the Retail - Cyclical industry
Industry Median: 18.12 vs MELI: 711.52

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

MercadoLibre's adjusted earnings per share data for the three months ended in Sep. 2022 was $2.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.64 for the trailing ten years ended in Sep. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


MercadoLibre Shiller PE Ratio Historical Data

The historical data trend for MercadoLibre's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MercadoLibre Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 178.67 176.03 457.42 1,509.62 1,177.66

MercadoLibre Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,316.76 1,177.66 948.30 435.57 503.23

Competitive Comparison

For the Internet Retail subindustry, MercadoLibre's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

MercadoLibre Shiller PE Ratio Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, MercadoLibre's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where MercadoLibre's Shiller PE Ratio falls in comparison to its industry or sector. The grey bar indicates the Shiller PE Ratio's extreme value range as defined by GuruFocus.



MercadoLibre Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

MercadoLibre's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1166.90/1.64
=711.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MercadoLibre's E10 for the quarter that ended in Sep. 2022 is calculated as:

For example, MercadoLibre's adjusted earnings per share data for the three months ended in Sep. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=2.56/125.2265*125.2265
=2.560

Current CPI (Sep. 2022) = 125.2265.

MercadoLibre Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201212 0.690 96.871 0.892
201303 0.400 98.209 0.510
201306 0.670 98.518 0.852
201309 0.660 98.790 0.837
201312 0.930 98.326 1.184
201403 0.690 99.695 0.867
201406 -0.580 100.560 -0.722
201409 0.760 100.428 0.948
201412 0.760 99.070 0.961
201503 0.040 99.621 0.050
201506 0.440 100.684 0.547
201509 1.030 100.392 1.285
201512 0.880 99.792 1.104
201603 0.680 100.470 0.848
201606 0.360 101.688 0.443
201609 0.880 101.861 1.082
201612 1.160 101.863 1.426
201703 1.100 102.862 1.339
201706 0.120 103.349 0.145
201709 0.630 104.136 0.758
201712 -1.530 104.011 -1.842
201803 -0.290 105.290 -0.345
201806 -0.250 106.317 -0.294
201809 -0.230 106.507 -0.270
201812 -0.050 105.998 -0.059
201903 0.130 107.251 0.152
201906 0.310 108.070 0.359
201909 -2.960 108.329 -3.422
201912 -1.110 108.420 -1.282
202003 -0.440 108.902 -0.506
202006 1.110 108.767 1.278
202009 0.280 109.815 0.319
202012 -1.020 109.897 -1.162
202103 -0.680 111.754 -0.762
202106 1.370 114.631 1.497
202109 1.920 115.734 2.077
202112 -0.920 117.630 -0.979
202203 1.300 121.301 1.342
202206 2.430 125.017 2.434
202209 2.560 125.227 2.560

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


MercadoLibre  (NAS:MELI) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


MercadoLibre Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of MercadoLibre's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


MercadoLibre (NAS:MELI) Business Description

MercadoLibre logo
Address
WTC Free Zone, Dr. Luis Bonavita 1294, Of. 1733, Tower II, Montevideo, URY, 11300
MercadoLibre runs the largest e-commerce marketplace in Latin America, connecting a network of more than 140 million active users and 1 million active sellers as of the end of 2021 across an 18-country footprint. The company also operates a host of complementary businesses, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.
Executives
Petroni Merhy Andrea Mayumi director HOUSE B, 32 STANLEY VILLAGE ROAD, STANLEY K3 000000
De La Serna Juan Martin officer: Executive VP Corporate Affairs AV. PTE. PERON 2375, LOTE MN04, PILAR, BUENOS AIRES C1 1629
Richard A Sanders director 80 PALL MALL, LONDON X0 SW1Y 5ES
Ariel Szarfsztejn officer: Executive VP - Commerce POSTA 4789, 6TH FLOOR, BUENOS AIRES C1 C1430CRG
Henrique Vasoncelos Dubugras director 1000 LAUREL WAY, BEVERLY HILLS CA 90210
Meyer Malka director C/O MERCADOLIBRE, INC., ARIAS 3751, 7TH FLOOR, BUENOS AIRES C1 C1C1430CRG
Roberto Balls Sallouti director ARIAS 3751, 7TH FLOOR, BUENOS AIRES C1 C1 C1430CRG
Emiliano Calemzuk director C/O MERCADOLIBRE, INC., TRONADOR 4890, 8TH FLOOR, BUENOS AIRES C1 C1430DNN
Alejandro Nicolas Aguzin director ARIAS 3751, 7TH FLOOR, BUENOS AIRES C1 C1430DNN
Ebay Inc 10 percent owner 2025 HAMILTON AVENUE, SAN JOSE CA 95125
Javier Olivan director 62 RIDGE VIEW DRIVE, ATHERTON X1 94027
Susan Segal director
Pedro Arnt officer: Executive VP and CFO ARIAS 3751, 7TH FLOOR, BUENOS AIRES C1 C1430CRG
Daniel Rabinovich officer: VP-Chief Technology Officer ARIAS 3751, 7TH FLOOR, BUENOS AIRES C1 C1430CRG
Marcelo Melamud officer: V. P. Chief Accounting Officer TRONADOR 4890, 8TH FLOOR, BUENOS AIRES C1 C1430DNN

MercadoLibre (NAS:MELI) Headlines

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