MHGU
Price:
$15.7
Market Cap:
$98.77M
Meritage Hospitality Group Inc. operates quick-service and casual dining restaurants. The company operates restaurants under the Wendy's, Morning Belle, Stan's Tacos, Freighters Eatery & Taproom, and Twisted Roosters brand names. As of January 2, 2022, it operated 337 restaurants in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, South Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia. The company was formerly known as Thomas Edison Inns, Inc. and changed its name to Meritage Hospitality Group Inc. in May 1996. Meritage Hospitality Group Inc. was incorporated in 1986 and is headquartered in Grand Rapids, Michigan.[Read more]
Industry
Restaurants
IPO Date
1999-09-27
Stock Exchange
PNK
Ticker
MHGU
According to Meritage Hospitality Group Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 29.62. This represents a change of 77.94% compared to the average of 16.65 of the last 4 quarters.
The mean historical PE Ratio of Meritage Hospitality Group Inc. over the last ten years is 11.43. The current 29.62 PE Ratio has changed 25.82% with respect to the historical average. Over the past ten years (40 quarters), MHGU's PE Ratio was at its highest in in the March 2016 quarter at 26.38. The PE Ratio was at its lowest in in the September 2023 quarter at -1737.07.
Average
11.43
Median
10.40
Minimum
8.26
Maximum
20.40
Discovering the peaks and valleys of Meritage Hospitality Group Inc. 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 = 80.84%
Maximum Annual PE Ratio = 20.40
Minimum Annual Increase = -37.43%
Minimum Annual PE Ratio = 8.26
Year | PE Ratio | Change |
---|---|---|
2023 | 20.40 | 36.56% |
2022 | 14.94 | 80.84% |
2021 | 8.26 | -0.59% |
2020 | 8.31 | -20.60% |
2019 | 10.47 | 24.30% |
2018 | 8.42 | -37.43% |
2017 | 13.46 | 30.19% |
2016 | 10.34 | 14.24% |
2015 | 9.05 | -14.92% |
2014 | 10.63 | 31.59% |
The current PE Ratio of Meritage Hospitality Group Inc. (MHGU) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
14.53
5-year avg
12.48
10-year avg
11.43
Meritage Hospitality Group Inc.’s PE Ratio is greater than IEH Corporation (-19.68), greater than Noble Roman's, Inc. (13.18), greater than Flanigan's Enterprises, Inc. (15.23), greater than Crawford United Corporation (10.64), greater than Capital Properties, Inc. (28.43),
Company | PE Ratio | Market cap |
---|---|---|
-19.68 | $23.78M | |
13.18 | $6.66M | |
15.23 | $46.37M | |
10.64 | $104.10M | |
28.43 | $65.21M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Meritage Hospitality Group Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Meritage Hospitality Group Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the PE Ratio?
How can you use the PE Ratio?
What is Meritage Hospitality Group Inc.'s PE Ratio?
How is the PE Ratio calculated for Meritage Hospitality Group Inc. (MHGU)?
What is the highest PE Ratio for Meritage Hospitality Group Inc. (MHGU)?
What is the 3-year average PE Ratio for Meritage Hospitality Group Inc. (MHGU)?
What is the 5-year average PE Ratio for Meritage Hospitality Group Inc. (MHGU)?
How does the current PE Ratio for Meritage Hospitality Group Inc. (MHGU) compare to its historical average?