MXE
Price:
$13.19
Market Cap:
$58.04M
The Mexico Equity & Income Fund Inc., identified by the symbol MXE, functions as a closed-end, balanced mutual fund. It was established and is currently managed by Pichardo Asset Management, S.A. de C.V. The fund primarily channels its investments into Mexico's public equity and fixed-income markets, while also dedicating a segment of its capital to convertible securities. Its portfolio is composed of shares from companies operating across a diverse spectrum of industries. To gauge its investment performance, the fund benchmarks its results against both the Mexbol and MSCI Mexico Index. This particular fund was founded on May 24, 1990, and maintains its domicile within the United States.
Industry
Asset Management - Income
IPO Date
1990-08-15
Stock Exchange
NYSE
Ticker
MXE
According to Mexico Equity & Income Fund Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 2.68. This represents a change of -15212.57% compared to the average of -0.02 of the last 4 quarters.
The mean historical PE Ratio of Mexico Equity & Income Fund Inc. over the last ten years is 7.85. The current 2.68 PE Ratio has changed 3.31% with respect to the historical average. Over the past ten years (40 quarters), MXE's PE Ratio was at its highest in in the January 2014 quarter at 32.87. The PE Ratio was at its lowest in in the January 2022 quarter at -6.59.
Average
7.85
Median
-0.93
Minimum
-30.00
Maximum
99.18
Discovering the peaks and valleys of Mexico Equity & Income Fund Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 103.44%
Maximum Annual PE Ratio = 99.18
Minimum Annual Increase = -2437.70%
Minimum Annual PE Ratio = -30.00
| Year | PE Ratio | Change |
|---|---|---|
| 2025 | 24.87 | -492.93% |
| 2024 | -6.33 | -364.62% |
| 2023 | 2.39 | -121.84% |
| 2022 | -10.95 | -261.90% |
| 2021 | 6.76 | -93.18% |
| 2020 | 99.18 | -2437.70% |
| 2019 | -4.24 | -85.86% |
| 2018 | -30.00 | -445.96% |
| 2017 | 8.67 | -173.20% |
| 2016 | -11.85 | 103.44% |
The current PE Ratio of Mexico Equity & Income Fund Inc. (MXE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
6.98
5-year avg
3.35
10-year avg
7.85
Mexico Equity & Income Fund Inc.’s PE Ratio is less than First Trust Mortgage Income Fund (14.26), greater than AMG Veritas China Fund Class N (0), greater than Scharf Multi-Asset Opportunity Fund Retail Class (0), greater than RiverParks Large Growth Fund Retail Shares (0), greater than Nuveen Large Cap Select Fund Class C (0), greater than Nuveen Large Cap Select Fund Class A (0), greater than AMG River Road Focused Absolute Value Fund - Class N (0), greater than Vest S&P 500 Dividend Aristocrats Target Income Strategy Investor Class (0), greater than AMG River Road Large Cap Value Select Fund Class N (0), greater than Thompson MidCap (0),
| Company | PE Ratio | Market cap |
|---|---|---|
| 14.26 | $48.85M | |
| 0 | $45.74M | |
| 0 | $49.12M | |
| 0 | $47.88M | |
| 0 | $51.47M | |
| 0 | $51.48M | |
| 0 | $43.20M | |
| 0 | $47.93M | |
| 0 | $41.72M | |
| 0 | $62.20M |
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