Mainstreet Equity (TSX:MEQ) E10: C$15.98 (As of Mar. 2026)


TSX:MEQ Mainstreet Equity Corp TSX:MEQ
91 GF Score
Price C$173.49
GF Value C$205.24
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Mainstreet Equity E10?

Mainstreet Equity TSX:MEQ -0.46% 91 E10 is C$15.98 as of Mar. 2026. GuruFocus rates TSX:MEQ with a GF Score™ of 91/100 and a GF Value™ of C$205.24 (Modestly Undervalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Mainstreet Equity's adjusted earnings per share data for the three months ended in Mar. 2026 was C$0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$15.98 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mainstreet Equity's average E10 Growth Rate was 15.00% per year. During the past 3 years, the average E10 Growth Rate was 14.90% per year. During the past 5 years, the average E10 Growth Rate was 15.80% per year. During the past 10 years, the average E10 Growth Rate was 17.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Mainstreet Equity was 60.20% per year. The lowest was 12.70% per year. And the median was 19.80% per year.

As of today (2026-07-03), Mainstreet Equity's current stock price is C$173.49. Mainstreet Equity's E10 for the quarter that ended in Mar. 2026 was C$15.98. Mainstreet Equity's Shiller PE Ratio of today is 10.86.

During the past 13 years, the highest Shiller PE Ratio of Mainstreet Equity was 17.73. The lowest was 7.31. And the median was 12.31.


Mainstreet Equity  (TSX:MEQ) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Mainstreet Equity's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=173.49/15.98
=10.86

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Mainstreet Equity was 17.73. The lowest was 7.31. And the median was 12.31.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Mainstreet Equity E10 Related Terms


Mainstreet Equity E10 Historical Data

* Premium members only.

The historical data trend for Mainstreet Equity's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mainstreet Equity E10 Chart

Mainstreet Equity Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.48 9.74 10.56 12.13 14.77

Mainstreet Equity Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.89 14.58 14.77 15.41 15.98

TSX:MEQ vs CBRE, BEKE, JLL: E10 Comparison

For the Real Estate Services subindustry, Mainstreet Equity's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mainstreet Equity Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mainstreet Equity's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mainstreet Equity's Shiller PE Ratio falls into.


TSX:MEQ
91GF Score
Mainstreet Equity Corp TSX:MEQ
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mainstreet Equity E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Mainstreet Equity's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.01/132.2600*132.2600
=0.010

Current CPI (Mar. 2026) = 132.2600.

Mainstreet Equity Quarterly Data

per share eps CPI Adj_EPS
201606 -0.030 102.002 -0.039
201609 5.330 101.765 6.927
201612 -0.420 101.449 -0.548
201703 -0.250 102.634 -0.322
201706 -1.150 103.029 -1.476
201709 11.330 103.345 14.500
201712 0.360 103.345 0.461
201803 1.130 105.004 1.423
201806 2.620 105.557 3.283
201809 3.510 105.636 4.395
201812 0.610 105.399 0.765
201903 1.290 106.979 1.595
201906 1.210 107.690 1.486
201909 3.110 107.611 3.822
201912 0.590 107.769 0.724
202003 0.390 107.927 0.478
202006 1.160 108.401 1.415
202009 5.170 108.164 6.322
202012 -0.570 108.559 -0.694
202103 1.090 110.298 1.307
202106 19.370 111.720 22.931
202109 4.240 112.905 4.967
202112 1.330 113.774 1.546
202203 3.210 117.646 3.609
202206 2.340 120.806 2.562
202209 6.030 120.648 6.610
202212 1.600 120.964 1.749
202303 2.220 122.702 2.393
202306 3.670 124.203 3.908
202309 4.240 125.230 4.478
202312 7.360 125.072 7.783
202403 3.610 126.258 3.782
202406 3.790 127.522 3.931
202409 6.700 127.285 6.962
202412 6.030 127.364 6.262
202503 9.820 129.181 10.054
202506 5.000 129.892 5.091
202509 9.950 130.290 10.100
202512 5.190 130.370 5.265
202603 0.010 132.260 0.010

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of C$15.98 mean?
Mainstreet Equity (TSX:MEQ) has a E10 of C$15.98 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mainstreet Equity and its competitors.
Is Mainstreet Equity's E10 too high?
Mainstreet Equity's current E10 is C$15.98. Overall, Mainstreet Equity has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mainstreet Equity's E10 compare to CBRE and BEKE?
Mainstreet Equity's E10 of C$15.98 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Real Estate company?
A good E10 depends on the Real Estate industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mainstreet Equity and its competitors. Mainstreet Equity's current E10 is C$15.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mainstreet Equity stock overvalued right now?
Based on GuruFocus' analysis, Mainstreet Equity (TSX:MEQ) is currently considered Modestly Undervalued. The stock's GF Value™ is C$205.24, compared to a current price of C$173.49 — trading 15.5% below its estimated fair value. The current E10 is C$15.98. Mainstreet Equity's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Mainstreet Equity (TSX:MEQ), the current E10 is C$15.98 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mainstreet Equity (TSX:MEQ) Overvalued in 2026?

Based on GuruFocus' analysis, Mainstreet Equity stock appears to be undervalued. The current stock price of C$173.49 is trading 15.5% below its estimated GF Value™ of C$205.24. GuruFocus considers Mainstreet Equity to be Modestly Undervalued.

Key valuation signals for TSX:MEQ:

  • E10: C$15.98
  • GF Value™: C$205.24 vs. price of C$173.49 (15.5% below fair value)
  • GF Score™: 91/100 with 5 warning signs

No single metric tells the full story. See the TSX:MEQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mainstreet Equity Business Description

Other Exchanges MEQYF:USA9V4:Germany
Address 10th Avenue SE, Suite 305, Calgary, AB, CAN, T2G 0W2
Mainstreet Equity Corp is a residential real estate company. It focused on acquiring and managing mid-market residential rental apartment buildings in markets. The company specializes in multi-family residential housing and operates within one business segment in three provinces located in Canada. Geographically, it operates in Canadian provinces including British Columbia, Alberta, Saskatchewan and Manitoba. The majority of revenue is derived from Alberta. The company generates maximum revenue from rental income.
91GF Score

Get the complete analysis for TSX:MEQ

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$173.49
Price
C$205.24
GF Value