Is MercadoLibre Stock a Buy, Sell or Hold at a P/E Multiple of 40.01X?

MercadoLibre's (MELI) current price-to-earnings (P/E) multiple of 40.01X represents a significant premium compared with the Zacks Internet - Commerce industry average of 25.73X, raising questions about valuation sustainability despite the company's market leadership and growth trajectory. While premium valuations are often justified for market leaders with strong growth prospects, the considerable gap between MELI's multiple and industry peers warrants careful investor consideration.MELI’s P/E F12M Ratio De ...