MHGU
Price:
$14.9
Market Cap:
$93.74M
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 51.38. This represents a change of 458.49% compared to the average of 9.20 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 51.38 PE Ratio has changed 44.86% 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 less than IEH Corporation (195.45), greater than Noble Roman's, Inc. (15.38), greater than Flanigan's Enterprises, Inc. (15.17), greater than Crawford United Corporation (11.81), greater than Capital Properties, Inc. (28.45),
Company | PE Ratio | Market cap |
---|---|---|
195.45 | $27.13M | |
15.38 | $7.77M | |
15.17 | $46.19M | |
11.81 | $120.72M | |
28.45 | $65.27M |
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