Mainstreet Equity Corp.

Mainstreet Equity Corp.verified

MEQ.TO

Price:

$192.74

Market Cap:

$1.80B

Mainstreet Equity Corp. engages in the acquisition, divestiture, value-enhancement, and management of multi-family residential properties in Western Canada. The company owns a portfolio of multi-family residential properties in Vancouver and the Lower Mainland, Calgary and Southern Alberta, Edmonton, Saskatoon, and Regina. As of September 30, 2021, it had a total portfolio of 15,071 revenue producing units consisting of townhouses, garden-style apartments, and concrete mid-rise and high-rise apartments, condo suites and 2 freestanding commercial houses. The company was founded in 1997 and is headquartered in Calgary, Canada.[Read more]

Industry

Real Estate - Services

IPO Date

2000-06-01

Stock Exchange

TSX

Ticker

MEQ.TO

The PE Ratio as of September 2024 (TTM) for Mainstreet Equity Corp. (MEQ.TO) is 14.27

According to Mainstreet Equity Corp.’s latest financial reports and current stock price. The company's current PE Ratio is 14.27. This represents a change of 4.62% compared to the average of 0.30 of the last 4 quarters.

Mainstreet Equity Corp. (MEQ.TO) Historical PE Ratio (quarterly & annually)

How has MEQ.TO PE Ratio performed in the past?

The mean historical PE Ratio of Mainstreet Equity Corp. over the last ten years is 8.22. The current 14.27 PE Ratio has changed 17.25% with respect to the historical average. Over the past ten years (40 quarters), MEQ.TO's PE Ratio was at its highest in in the December 2019 quarter at 33.10. The PE Ratio was at its lowest in in the June 2016 quarter at -297.09.

Quarterly (TTM)
Annual

Average

8.22

Median

7.31

Minimum

3.61

Maximum

17.35

Mainstreet Equity Corp. (MEQ.TO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Mainstreet Equity Corp. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 244.86%

Maximum Annual PE Ratio = 17.35

Minimum Annual Increase = -79.19%

Minimum Annual PE Ratio = 3.61

Quarterly (TTM)
Annual
YearPE RatioChange
202311.3337.91%
20228.2290.18%
20214.32-56.03%
20209.82-1.01%
20199.9259.47%
20186.2272.32%
20173.61-79.19%
201617.35244.86%
20155.03-21.37%
20146.4028.16%

Mainstreet Equity Corp. (MEQ.TO) Average PE Ratio

How has MEQ.TO PE Ratio performed in the past?

The current PE Ratio of Mainstreet Equity Corp. (MEQ.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

7.95

5-year avg

8.72

10-year avg

8.22

Mainstreet Equity Corp. (MEQ.TO) PE Ratio vs. Peers

How is MEQ.TO’s PE Ratio compared to its peers?

Mainstreet Equity Corp.’s PE Ratio is greater than Morguard Corporation (6.30), greater than Melcor Developments Ltd. (5.24), greater than Boardwalk Real Estate Investment Trust (6.50), greater than Genesis Land Development Corp. (9.11), less than FirstService Corporation (100.29),

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Frequently asked questions❓

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How does the current PE Ratio for Mainstreet Equity Corp. (MEQ.TO) compare to its historical average?