The Mercantile Investment Trust plc

The Mercantile Investment Trust plcverified

MRC.L

Price:

$246.5

Market Cap:

$1.91B

The Mercantile Investment Trust plc is an open ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets of the United Kingdoms. The fund spreads its investments across diversified sectors. It invests in the stocks of mid and small cap companies. The fund benchmarks the performance of its portfolio against the FTSE All Share (ex FTSE 100, ex Inv Companies) Index. It was formerly known as JP Morgan Fleming Mercantile Investment Trust plc. The Mercantile Investment Trust plc was formed in December 1884 and is domiciled in the United Kingdoms.[Read more]

Industry

Asset Management

IPO Date

1972-09-29

Stock Exchange

LSE

Ticker

MRC.L

The PE Ratio as of September 2024 (TTM) for The Mercantile Investment Trust plc (MRC.L) is 24.65

According to The Mercantile Investment Trust plc’s latest financial reports and current stock price. The company's current PE Ratio is 24.65. This represents a change of -236.70% compared to the average of -18.03 of the last 4 quarters.

The Mercantile Investment Trust plc (MRC.L) Historical PE Ratio (quarterly & annually)

How has MRC.L PE Ratio performed in the past?

The mean historical PE Ratio of The Mercantile Investment Trust plc over the last ten years is 5.79. The current 24.65 PE Ratio has changed 42.47% with respect to the historical average. Over the past ten years (40 quarters), MRC.L's PE Ratio was at its highest in in the October 2022 quarter at 46.64. The PE Ratio was at its lowest in in the April 2014 quarter at -136.64.

Quarterly (TTM)
Annual

Average

5.79

Median

5.84

Minimum

-12.95

Maximum

22.45

The Mercantile Investment Trust plc (MRC.L) PE Ratio by Quarter and Year

Discovering the peaks and valleys of The Mercantile Investment Trust plc 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 = 394.31%

Maximum Annual PE Ratio = 22.45

Minimum Annual Increase = -473.10%

Minimum Annual PE Ratio = -12.95

Quarterly (TTM)
Annual
YearPE RatioChange
202422.45-473.10%
2023-6.02-182.31%
20227.31-156.42%
2021-12.95-402.83%
20204.28-145.06%
2019-9.49-317.70%
20184.36-78.10%
201719.92157.42%
20167.74-61.93%
201520.32394.31%

The Mercantile Investment Trust plc (MRC.L) Average PE Ratio

How has MRC.L PE Ratio performed in the past?

The current PE Ratio of The Mercantile Investment Trust plc (MRC.L) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

7.91

5-year avg

3.01

10-year avg

5.79

The Mercantile Investment Trust plc (MRC.L) PE Ratio vs. Peers

How is MRC.L’s PE Ratio compared to its peers?

The Mercantile Investment Trust plc’s PE Ratio is greater than Murray International Trust PLC (5.73), greater than The Monks Investment Trust PLC (3.96), greater than Temple Bar Investment Trust PLC (3.61), greater than The Edinburgh Investment Trust plc (3.01), greater than The Bankers Investment Trust PLC (6.10),

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Frequently asked questions❓

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