RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Mainstreet Equity Stock

Mainstreet Equity P/E 2024

Mainstreet Equity P/E

27.65

Ticker

MEQ.TO

ISIN

CA5609151009

WKN

A0J2PN

As of Sep 29, 2024, Mainstreet Equity's P/E ratio was 27.65, a 139.6% change from the 11.54 P/E ratio recorded in the previous year.

The Mainstreet Equity P/E history

Mainstreet Equity Aktienanalyse

What does Mainstreet Equity do?

Mainstreet Equity Corp is a Canadian company that was founded in 1998 and is headquartered in Calgary. Since its inception, Mainstreet Equity Corp has been successful in the real estate industry and has established itself in this market. The company is one of the largest publicly traded companies in Canada specializing in the acquisition, renovation, rental, and management of residential properties. The business model of Mainstreet Equity Corp is based on acquiring multi-family homes, particularly in underserved and underutilized residential areas in urban areas of Canada. The company acquires the properties at a favorable price and renovates them to subsequently bring them to market as high-quality rental properties. The company offers a wide range of tenant services and amenities to ensure that tenants feel comfortable and stay long-term. Mainstreet Equity Corp has different divisions specializing in different types of properties. The core divisions of the company focus on the acquisition, renovation, and rental of multi-family homes located in various neighborhoods and cities in Canada. Additionally, the company also has a portfolio of commercial properties, including shopping centers, office buildings, and warehouses. Mainstreet Equity Corp offers its tenants a wide range of products and services to ensure their comfort and long-term stay. The services offered by Mainstreet Equity Corp include laundry service, maintenance service, 24-hour emergency service, parking, and storage. Additionally, the company also offers re-rentals and assists its tenants in finding a new rental property. Overall, Mainstreet Equity Corp has established itself as a significant force in the Canadian real estate industry. The company has demonstrated a strong track record of increasing profitability and diversifying its real estate portfolio. The company remains vigilant and continues to secure lucrative investment opportunities to ensure its long-term success and profitability. Mainstreet Equity ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Mainstreet Equity's P/E Ratio

The Price to Earnings (P/E) Ratio of Mainstreet Equity is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Mainstreet Equity's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Mainstreet Equity is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Mainstreet Equity’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Mainstreet Equity stock

What is the price-to-earnings ratio of Mainstreet Equity?

The price-earnings ratio of Mainstreet Equity is currently 27.65.

How has the price-earnings ratio of Mainstreet Equity changed compared to last year?

The price-to-earnings ratio of Mainstreet Equity has increased by 139.6% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Mainstreet Equity high compared to other companies?

Yes, the price-to-earnings ratio of Mainstreet Equity is high compared to other companies.

How does an increase in the price-earnings ratio of Mainstreet Equity affect the company?

An increase in the price-earnings ratio of Mainstreet Equity would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Mainstreet Equity affect the company?

A decrease in the price-earnings ratio of Mainstreet Equity would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Mainstreet Equity?

Some factors that influence the price-earnings ratio of Mainstreet Equity are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Mainstreet Equity pay?

Over the past 12 months, Mainstreet Equity paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Mainstreet Equity is expected to pay a dividend of 0 CAD.

What is the dividend yield of Mainstreet Equity?

The current dividend yield of Mainstreet Equity is .

When does Mainstreet Equity pay dividends?

Mainstreet Equity pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Mainstreet Equity?

Mainstreet Equity paid dividends every year for the past 0 years.

What is the dividend of Mainstreet Equity?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Mainstreet Equity located?

Mainstreet Equity is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von Mainstreet Equity kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Mainstreet Equity from 7/31/2024 amounting to 0.028 CAD, you needed to have the stock in your portfolio before the ex-date on 7/17/2024.

When did Mainstreet Equity pay the last dividend?

The last dividend was paid out on 7/31/2024.

What was the dividend of Mainstreet Equity in the year 2023?

In the year 2023, Mainstreet Equity distributed 0 CAD as dividends.

In which currency does Mainstreet Equity pay out the dividend?

The dividends of Mainstreet Equity are distributed in CAD.

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Andere Kennzahlen von Mainstreet Equity

Our stock analysis for Mainstreet Equity Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Mainstreet Equity Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.