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MercadoLibre (LIM:MELI) Shiller PE Ratio : 306.79 (As of May. 03, 2025)


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What is MercadoLibre Shiller PE Ratio?

As of today (2025-05-03), MercadoLibre's current share price is $2251.86. MercadoLibre's E10 for the quarter that ended in Dec. 2024 was $7.34. MercadoLibre's Shiller PE Ratio for today is 306.79.

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

LIM:MELI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 63.56   Med: 354.21   Max: 1770.32
Current: 315.8

During the past years, MercadoLibre's highest Shiller PE Ratio was 1770.32. The lowest was 63.56. And the median was 354.21.

LIM:MELI's Shiller PE Ratio is ranked worse than
97.78% of 541 companies
in the Retail - Cyclical industry
Industry Median: 16.86 vs LIM:MELI: 315.80

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 Dec. 2024 was $12.610. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $7.34 for the trailing ten years ended in Dec. 2024.

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 Shiller PE Ratio Chart

MercadoLibre Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,509.62 1,177.66 449.97 442.08 235.46

MercadoLibre Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Shiller PE Ratio 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 442.08 359.44 306.85 338.76 235.46

Competitive Comparison of MercadoLibre's Shiller PE Ratio

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's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

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 into.


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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
=2251.86/7.34
=306.79

* 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 Dec. 2024 is calculated as:

For example, MercadoLibre's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=12.61/133.1571*133.1571
=12.610

Current CPI (Dec. 2024) = 133.1571.

MercadoLibre Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.040 99.621 0.053
201506 0.440 100.684 0.582
201509 1.030 100.392 1.366
201512 0.880 99.792 1.174
201603 0.680 100.470 0.901
201606 0.360 101.688 0.471
201609 0.880 101.861 1.150
201612 1.160 101.863 1.516
201703 1.100 102.862 1.424
201706 0.120 103.349 0.155
201709 0.630 104.136 0.806
201712 -1.530 104.011 -1.959
201803 -0.290 105.290 -0.367
201806 -0.250 106.317 -0.313
201809 -0.230 106.507 -0.288
201812 -0.050 105.998 -0.063
201903 0.130 107.251 0.161
201906 0.310 108.070 0.382
201909 -2.960 108.329 -3.638
201912 -1.110 108.420 -1.363
202003 -0.440 108.902 -0.538
202006 1.110 108.767 1.359
202009 0.280 109.815 0.340
202012 -1.020 109.897 -1.236
202103 -0.680 111.754 -0.810
202106 1.370 114.631 1.591
202109 1.920 115.734 2.209
202112 -0.920 117.630 -1.041
202203 1.300 121.301 1.427
202206 2.430 125.017 2.588
202209 2.560 125.227 2.722
202212 3.250 125.222 3.456
202303 3.970 127.348 4.151
202306 5.160 128.729 5.338
202309 7.160 129.860 7.342
202312 3.250 129.419 3.344
202403 6.780 131.776 6.851
202406 10.480 132.554 10.528
202409 7.830 133.029 7.838
202412 12.610 133.157 12.610

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  (LIM: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 Business Description

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, with more than 218 million active users and 1 million active sellers across 18 countries stitching into its commerce network or fintech solutions when last reported. The company operates a host of complementary businesses to its core online shop, 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.