Mainstreet Equity (MEQ.TO)

P/B ratio as of September 2024 : 1.29

According to Mainstreet Equity's latest financial reports the company has a price-to-book ratio of 1.29.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Mainstreet Equity - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.9805	9.15%
2022-12-31	0.8983	-11.65%
2021-12-31	1.02	18.54%
2020-12-31	0.8577	-6.74%
2019-12-31	0.9197	89.04%
2018-12-31	0.4865	-14.78%
2017-12-31	0.5709	13.37%
2016-12-31	0.5036	0.4%
2015-12-31	0.5015	-28.23%
2014-12-31	0.6988	-8.55%
2013-12-31	0.7641	-2.18%
2012-12-31	0.7812	4.33%
2011-12-31	0.7488	-104.38%
2010-12-31	-17.1	-6.16%
2009-12-31	-18.2	-429.45%
2008-12-31	5.53	-31.56%
2007-12-31	8.08	-64.55%
2006-12-31	22.8	219.91%
2005-12-31	7.13	52.03%
2004-12-31	4.69	1.77%
2003-12-31	4.61	3.42%
2002-12-31	4.45

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Mainstreet Equity (MEQ.TO) - P/B ratio