MercadoLibre, Inc.

MELI Consumer Cyclical Internet Retail

MercadoLibre, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $28.9 billion, up 39.1% from fiscal 2024.

Revenue
+49.8%
EPS
−10.9%
Free cash flow
+22.5%
Total debt
+45.5%

Quarter to June 2026, against a year earlier

1,739.14 76.98 +4.63%
Market cap
$84.3B
P/E
45.4×
Fwd P/E
42.6×
Dividend yield
—
F-score
5/9
Altman Z
2.96
Beneish M
−3.04
Dividend safety
n/a

MercadoLibre, Inc. (MELI) P/B ratio

Alert me on P/B ratio

As of 3 November 2026, MercadoLibre, Inc. (MELI) trades at a P/B ratio of 10.8×. Over the past ten years it has ranged from 0.0× (June 2021) to 1,201× (September 2021); the current reading is higher than 3% of that period. That is above the Internet Retail industry median of 1.7× and above the Consumer Cyclical sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 15.1× (23.62%)
FY2024 19.8× (20.83%)
FY2023 25.0× 9.94%
FY2022 22.8× (48.10%)
FY2021 43.9× (13.06%)
FY2020 50.5× 259.26%
FY2019 14.0× (63.74%)
FY2018 38.7× (11.42%)
FY2017 43.7× 163.72%
FY2016 16.6× 11.47%

Quarterly newest first

Period P/B ratio Change
Jun 2026 11.0× (8.76%)
Mar 2026 12.0× (20.44%)
Dec 2025 15.1× (20.58%)
Sep 2025 19.1× (17.85%)
42 more quarters

Against its own ten years

Low 0.0× High 1,201×
Ten-year median 23.7×
Current reading's percentile 1

P/B ratio against peers

Company P/B ratio
W Wayfair Inc. compare n/m
JD JD.com, Inc. compare 0.9×
BABA Alibaba Group Holding Limited compare 1.4×
PDD PDD Holdings Inc. Sponsored ADR compare 1.7×
SE Sea Limited Sponsored ADR compare 3.7×
DASH DoorDash, Inc. compare 7.4×
CPNG Coupang, Inc. compare 9.7×
MELI MercadoLibre, Inc. 10.8×
EBAY eBay Inc. compare 12.0×
Internet Retail industry median 1.7×
Consumer Cyclical sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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