P/E ratio for Mainstreet Equity (MEQ.TO)
P/E ratio as of July 2025 (TTM): 10.8
According to Mainstreet Equity's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.7543. At the end of 2024 the company had a P/E ratio of 8.96.
P/E ratio history for Mainstreet Equity from 2001 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 8.96 | -20.93% |
| 2023 | 11.3 | 37.22% |
| 2022 | 8.26 | 91.09% |
| 2021 | 4.32 | -56.01% |
| 2020 | 9.82 | -0.07% |
| 2019 | 9.83 | 70.58% |
| 2018 | 5.76 | 59.53% |
| 2017 | 3.61 | -79.64% |
| 2016 | 17.7 | 262.78% |
| 2015 | 4.89 | -23.25% |
| 2014 | 6.37 | 29.51% |
| 2013 | 4.92 | -16.8% |
| 2012 | 5.91 | 170.42% |
| 2011 | 2.19 | -107.13% |
| 2010 | -30.7 | 0.96% |
| 2009 | -30.4 | -26.57% |
| 2008 | -41.4 | 44.83% |
| 2007 | -28.6 | -4.86% |
| 2006 | -30.0 | 121.58% |
| 2005 | -13.6 | -63.43% |
| 2004 | -37.1 | -376.71% |
| 2003 | 13.4 | -65.44% |
| 2002 | 38.8 | -34.2% |
| 2001 | 58.9 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.