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MercadoLibre (WBO:MELI) Cyclically Adjusted Revenue per Share : €96.78 (As of Mar. 2024)


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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 €78.631. 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 €96.78 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 (2024-06-01), MercadoLibre's current stock price is €1563.40. MercadoLibre's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €96.78. MercadoLibre's Cyclically Adjusted PS Ratio of today is 16.15.

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 22.20.


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 - - 37.03 61.83 86.45

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 66.33 73.82 82.97 86.45 96.78

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)
=78.631/131.7762*131.7762
=78.631

Current CPI (Mar. 2024) = 131.7762.

MercadoLibre Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.196 100.560 2.878
201409 2.600 100.428 3.412
201412 2.964 99.070 3.943
201503 3.099 99.621 4.099
201506 3.114 100.684 4.076
201509 3.403 100.392 4.467
201512 3.757 99.792 4.961
201603 3.206 100.470 4.205
201606 4.024 101.688 5.215
201609 4.658 101.861 6.026
201612 5.502 101.863 7.118
201703 5.710 102.862 7.315
201706 5.722 103.349 7.296
201709 5.794 104.136 7.332
201712 6.852 104.011 8.681
201803 5.895 105.290 7.378
201806 6.501 106.317 8.058
201809 6.829 106.507 8.449
201812 8.322 105.998 10.346
201903 9.119 107.251 11.204
201906 9.784 108.070 11.930
201909 11.015 108.329 13.399
201912 12.205 108.420 14.834
202003 11.872 108.902 14.366
202006 15.691 108.767 19.010
202009 19.051 109.815 22.861
202012 21.908 109.897 26.270
202103 23.212 111.754 27.371
202106 28.371 114.631 32.614
202109 31.843 115.734 36.257
202112 37.755 117.630 42.296
202203 40.492 121.301 43.989
202206 48.779 125.017 51.416
202209 52.946 125.227 55.715
202212 55.269 125.222 58.162
202303 58.080 127.348 60.100
202306 61.620 128.729 63.079
202309 70.169 129.860 71.205
202312 73.708 129.419 75.050
202403 78.631 131.776 78.631

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


MercadoLibre  (WBO: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
=1563.40/96.78
=16.15

* 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 22.20.


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 (WBO: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.