Minto Apartment Real Estate Investment Trust

Minto Apartment Real Estate Investment Trustverified

MI-UN.TO

Price:

$14.01

Market Cap:

$559.23M

Minto Apartment Real Estate Investment Trust, an open-ended real estate investment trust, owns and operates a portfolio of income-producing multi-residential rental properties located in Canada. As of December 31, 2020, its portfolio consists of interests in 29 multi-residential rental properties, including three mixed-use residential apartment and commercial buildings in Toronto, Ottawa, Montréal, Calgary, and Edmonton. Minto Apartment Real Estate Investment Trust was founded in 2018 and is headquartered in Ottawa, Canada.[Read more]

Industry

REIT - Residential

IPO Date

2018-08-23

Stock Exchange

TSX

Ticker

MI-UN.TO

The PE Ratio as of November 2024 (TTM) for Minto Apartment Real Estate Investment Trust (MI-UN.TO) is -15.74

According to Minto Apartment Real Estate Investment Trust’s latest financial reports and current stock price. The company's current PE Ratio is -15.74. This represents a change of 12.09% compared to the average of -0.13 of the last 4 quarters.

Minto Apartment Real Estate Investment Trust (MI-UN.TO) Historical PE Ratio (quarterly & annually)

How has MI-UN.TO PE Ratio performed in the past?

The mean historical PE Ratio of Minto Apartment Real Estate Investment Trust over the last ten years is 2.88. The current -15.74 PE Ratio has changed -54760.65% with respect to the historical average. Over the past ten years (40 quarters), MI-UN.TO's PE Ratio was at its highest in in the June 2021 quarter at 24.88. The PE Ratio was at its lowest in in the March 2017 quarter at -257.87.

Quarterly (TTM)
Annual

Average

2.88

Median

8.38

Minimum

-67.74

Maximum

32.03

Minto Apartment Real Estate Investment Trust (MI-UN.TO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Minto Apartment Real Estate Investment Trust 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 = 92.67%

Maximum Annual PE Ratio = 32.03

Minimum Annual Increase = -1240.02%

Minimum Annual PE Ratio = -67.74

Quarterly (TTM)
Annual
YearPE RatioChange
2023-9.10-488.55%
20222.34-90.28%
202124.1092.67%
202012.51-118.46%
2019-67.74-1240.02%
20185.94-29.11%
20178.38-73.83%
201632.0383.44%

Minto Apartment Real Estate Investment Trust (MI-UN.TO) Average PE Ratio

How has MI-UN.TO PE Ratio performed in the past?

The current PE Ratio of Minto Apartment Real Estate Investment Trust (MI-UN.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

5.78

5-year avg

-7.58

10-year avg

2.88

Minto Apartment Real Estate Investment Trust (MI-UN.TO) PE Ratio vs. Peers

How is MI-UN.TO’s PE Ratio compared to its peers?

Minto Apartment Real Estate Investment Trust’s PE Ratio is greater than InterRent Real Estate Investment Trust (-988.06), less than Killam Apartment REIT (7.34), less than Morguard North American Residential Real Estate Investment Trust (12.41), less than First Capital Real Estate Investment Trust (10.97), less than BSR Real Estate Investment Trust (-2.26),

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