GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » MercadoLibre Inc (MEX:MELI) » Definitions » Cyclically Adjusted Revenue per Share

MercadoLibre (MEX:MELI) Cyclically Adjusted Revenue per Share : MXN1,775.48 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is MercadoLibre Cyclically Adjusted Revenue per Share?

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

MercadoLibre's adjusted revenue per share for the three months ended in Mar. 2024 was MXN1,418.458. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN1,775.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MercadoLibre's average Cyclically Adjusted Revenue Growth Rate was 44.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 51.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 46.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of MercadoLibre was 51.70% per year. The lowest was 22.60% per year. And the median was 32.30% per year.

As of today (2024-06-25), MercadoLibre's current stock price is MXN28500.00. MercadoLibre's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN1,775.48. MercadoLibre's Cyclically Adjusted PS Ratio of today is 16.05.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of MercadoLibre was 72.56. The lowest was 11.84. And the median was 22.14.


MercadoLibre Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for MercadoLibre's Cyclically Adjusted Revenue per Share 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 Cyclically Adjusted Revenue per Share Chart

MercadoLibre Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 382.86 542.34 875.63 1,260.67 1,614.81

MercadoLibre Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial 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 1,275.69 1,375.61 1,518.91 1,614.81 1,775.48

Competitive Comparison of MercadoLibre's Cyclically Adjusted Revenue per Share

For the Internet Retail subindustry, MercadoLibre's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where MercadoLibre's Cyclically Adjusted PS Ratio falls into.



MercadoLibre Cyclically Adjusted Revenue per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

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.

For example, MercadoLibre's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1418.458/131.7762*131.7762
=1,418.458

Current CPI (Mar. 2024) = 131.7762.

MercadoLibre Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 38.703 100.560 50.718
201409 44.986 100.428 59.028
201412 53.907 99.070 71.704
201503 51.134 99.621 67.639
201506 54.835 100.684 71.769
201509 64.537 100.392 84.713
201512 70.378 99.792 92.934
201603 61.450 100.470 80.597
201606 83.613 101.688 108.353
201609 101.083 101.861 130.770
201612 119.655 101.863 154.793
201703 114.992 102.862 147.316
201706 116.209 103.349 148.173
201709 125.319 104.136 158.582
201712 159.254 104.011 201.766
201803 132.060 105.290 165.281
201806 149.240 106.317 184.978
201809 149.040 106.507 184.401
201812 185.891 105.998 231.099
201903 199.874 107.251 245.581
201906 212.362 108.070 258.947
201909 239.485 108.329 291.319
201912 255.762 108.420 310.859
202003 307.589 108.902 372.198
202006 407.858 108.767 494.137
202009 495.705 109.815 594.838
202012 530.165 109.897 635.716
202103 564.845 111.754 666.042
202106 680.421 114.631 782.188
202109 770.292 115.734 877.062
202112 875.157 117.630 980.408
202203 887.935 121.301 964.614
202206 1,037.356 125.017 1,093.444
202209 1,054.455 125.227 1,109.606
202212 1,141.456 125.222 1,201.202
202303 1,120.868 127.348 1,159.845
202306 1,144.535 128.729 1,171.631
202309 1,304.448 129.860 1,323.701
202312 1,364.382 129.419 1,389.228
202403 1,418.458 131.776 1,418.458

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


MercadoLibre  (MEX:MELI) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

MercadoLibre's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=28500.00/1775.48
=16.05

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of MercadoLibre was 72.56. The lowest was 11.84. And the median was 22.14.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


MercadoLibre Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of MercadoLibre's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


MercadoLibre (MEX:MELI) Business Description

Industry
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 148 million active users and 1 million active sellers as of the end of 2022 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 and Mercado Credito), 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.

MercadoLibre (MEX:MELI) Headlines

From GuruFocus

MercadoLibre, Inc. to Report First Quarter 2023 Financial Results

By sperokesalga sperokesalga 04-25-2023

MercadoLibre, Inc. Reports Third Quarter 2022 Financial Results

By Value_Insider Value_Insider 11-03-2022

Top 5 4th Quarter Trades of RWC ASSET ADVISORS (US) LLC

By GuruFocus Research GuruFocus Editor 02-01-2023

RWC Asset Management LLP Buys 4, Sells 1 in 4th Quarter

By GuruFocus Research GuruFocus Editor 02-01-2023

Mercado Libre appoints new CFO

By Marketwired 08-10-2023