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MercadoLibre (BUE:MELI) Cyclically Adjusted Revenue per Share : ARS951.29 (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 ARS144,011.699. 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 ARS951.29 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 (2024-06-06), MercadoLibre's current stock price is ARS17416.50. MercadoLibre's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS951.29. MercadoLibre's Cyclically Adjusted PS Ratio of today is 18.31.

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 22.18.


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 734.02 66.08 144.28 372.23 1,538.70

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 488.11 677.90 1,194.99 1,538.70 951.29

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)
=144011.699/131.7762*131.7762
=144,011.699

Current CPI (Mar. 2024) = 131.7762.

MercadoLibre Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 48.494 100.560 63.548
201409 56.415 100.428 74.025
201412 62.503 99.070 83.138
201503 59.167 99.621 78.265
201506 63.510 100.684 83.123
201509 71.819 100.392 94.271
201512 105.952 99.792 139.910
201603 104.268 100.470 136.757
201606 126.408 101.688 163.810
201609 155.962 101.861 201.766
201612 184.003 101.863 238.038
201703 188.305 102.862 241.237
201706 211.995 103.349 270.306
201709 242.007 104.136 306.243
201712 309.670 104.011 392.334
201803 292.918 105.290 366.605
201806 378.835 106.317 469.554
201809 586.435 106.507 725.571
201812 713.933 105.998 887.559
201903 805.553 107.251 989.764
201906 987.910 108.070 1,204.623
201909 1,356.874 108.329 1,650.556
201912 1,621.158 108.420 1,970.391
202003 1,628.438 108.902 1,970.491
202006 2,419.358 108.767 2,931.155
202009 3,331.844 109.815 3,998.162
202012 4,337.998 109.897 5,201.652
202103 4,978.353 111.754 5,870.269
202106 6,476.063 114.631 7,444.653
202109 7,325.910 115.734 8,341.352
202112 8,616.756 117.630 9,653.049
202203 9,576.749 121.301 10,403.769
202206 12,409.539 125.017 13,080.497
202209 14,567.601 125.227 15,329.528
202212 19,631.208 125.222 20,658.751
202303 24,568.441 127.348 25,422.785
202306 32,045.668 128.729 32,804.311
202309 52,412.350 129.860 53,185.946
202312 58,035.125 129.419 59,091.977
202403 144,011.699 131.776 144,011.699

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


MercadoLibre  (BUE: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
=17416.50/951.29
=18.31

* 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 22.18.


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 (BUE: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 (BUE:MELI) Headlines