Looking into the current session, MercadoLibre Inc. (NASDAQ:MELI) shares are trading at $2018.00, after a 0.14% decrease. Over the past month, the stock fell by 5.86%, but over the past year, it actually increased by 9.82%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio. MercadoLibre P/E Ratio Analysis in Relation to Industry PeersThe P/E ratio measures the current share price ...