Current and historical daily PE Ratio for Mexico Equity and Income Fund Inc (
) from 1990 to Jun 21 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. Mexico Equity andome Fund Inc stock (MXEIP.PFD) PE ratio as of Jun 21 2024 is 5.01.
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Mexico Equity and Income Fund Inc (MXEIP.PFD) PE Ratio (TTM) Chart
Mexico Equity and Income Fund Inc (MXEIP.PFD) PE Ratio (TTM) Historical Data
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Mexico Equity and Income Fund Inc (MXEIP.PFD) PE Ratio (TTM) Comparison
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Business Description
Business Description
Mexico Equity and Income Fund Inc
NAICS : 523930
SIC : 6726
ISIN : US5928342048
Description
Mexico Equity and Income Fund Inc is a closed-end, non-diversified management investment company. It maintains an investment objective of long-term capital appreciation through investments in securities, primarily equity, listed on the Mexican Stock Exchange. The company provides a vehicle to investors who wish to invest in Mexican companies through a managed non-diversified portfolio as part of their overall investment program.