Current and historical daily PE Ratio for MEIVF (
Meidensha Corp
) from 2014 to Apr 26 2024. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The PE ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the PE ratio is positive. Also for stocks with the same PE ratio, the one with faster growth business is more attractive. Meidensha stock (MEIVF) PE ratio as of Apr 26 2024 is 13.25.
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Meidensha Corp (MEIVF) PE Ratio (TTM) Chart
Meidensha Corp (MEIVF) PE Ratio (TTM) Historical Data
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Meidensha Corp (MEIVF) PE Ratio (TTM) Comparison
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Business Description
Business Description
Meidensha Corp
ISIN : JP3919800007
Description
Meidensha Corp is a Japan-based conglomerate that operates through four segments. The company's social infrastructure systems segment, which accounts for the majority of the company's sales, is engaged in businesses related to social infrastructure such as power generation and electricity transmission. The industrial system segment supplies industrial components, dynamometer systems, automatic guided vehicles, and other industrial products to the general manufacturing industry. The maintenance and service segment provides maintaining services. The real estate segment is involved in real estate rentals. The company generates the majority of its sales from the Japanese domestic market.
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