Martinrea International Inc T.MRE

Alternate Symbol(s): MRETF

Consumer Cyclical Auto Parts

Martinrea International Inc. is a Canada-based diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added lightweight structures and propulsion systems. The Company’s offerings include a range of products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The Company's operations are segmented on a geographic basis between North America, Europe and Rest of the World. The Company's solutions include lightweight structures, propulsion systems, flexible manufacturing, and graphene technology. Its lightweight structure products include complex assemblies and exterior trim. Its flexible manufacturing products include bus frame assemblies and front vertical corner modules. Its graphene products include graphene and nylon coated brake lines and electric vehicle batteries enhanced with graphene. It operates in around 59 countries, such as Canada, the United States and Mexico.

TSX:MRE - Post by User

Martinrea International Inc

Bullboard Posts

Comment by MoeMoney101on Oct 19, 2018 2:26am

135 Views

Post# 28832636

RE:RE:RE:RE:RE:RE:RE:Analyst Review Gap Up likely

Yes Nov 9th thankyou.. Here's another hx of p/e averages for MRE. Notice we are at a current 5 year low.

Martinrea International Inc PE Ratio (TTM):

5.507 for Oct. 18, 2018

Data for this Date Range
Oct. 18, 2018	5.507
Oct. 17, 2018	5.667
Oct. 16, 2018	5.754
Oct. 15, 2018	5.57
Oct. 12, 2018	5.744
Oct. 11, 2018	5.797
Oct. 10, 2018	5.807
Oct. 9, 2018	6.092
Oct. 5, 2018	6.290
Oct. 4, 2018	6.604
Oct. 3, 2018	6.681
Oct. 2, 2018	6.918
Oct. 1, 2018	7.039
Sept. 28, 2018	6.372
Sept. 27, 2018	6.464
Sept. 26, 2018	6.560
Sept. 25, 2018	6.522
Sept. 24, 2018	6.855
Sept. 21, 2018	6.850
Sept. 20, 2018	6.831
Sept. 19, 2018	6.700
Sept. 18, 2018	6.618
Sept. 17, 2018	6.749
Sept. 14, 2018	6.739
Sept. 13, 2018	6.744
Sept. 12, 2018	6.773


Sept. 11, 2018	6.546
Sept. 10, 2018	6.604
Sept. 7, 2018	6.575
Sept. 6, 2018	6.614
Sept. 5, 2018	6.657
Sept. 4, 2018	6.676
Aug. 31, 2018	6.821
Aug. 30, 2018	6.952
Aug. 29, 2018	7.005
Aug. 28, 2018	6.744
Aug. 27, 2018	6.556
Aug. 24, 2018	6.174
Aug. 23, 2018	6.435
Aug. 22, 2018	6.454
Aug. 21, 2018	6.449
Aug. 20, 2018	6.454
Aug. 17, 2018	6.401
Aug. 16, 2018	6.416
Aug. 15, 2018	6.454
Aug. 14, 2018	6.411
Aug. 13, 2018	6.391
Aug. 10, 2018	6.406
Aug. 9, 2018	6.483
Aug. 8, 2018	6.179
Aug. 7, 2018	6.478

About Price to Earnings Ratio

The price to earnings ratio (PE Ratio) is the measure of the share price relative to the annual net income earned by the firm per share. PE ratio shows current investor demand for a company share. A high PE ratio generally indicates increased demand because investors anticipate earnings growth in the future. The PE ratio has units of years, which can be interpreted as the number of years of earnings to pay back purchase price.

PE ratio is often referred to as the "multiple" because it demonstrates how much an investor is willing to pay for one dollar of earnings. PE Ratios are sometimes calculated using estimations of next year's earnings per share in the denominator. When this happens, it is usually noted.

For more information on evaluating valuation multiples similar to this, please see our original white paper research : Making Sense Of Valuation Multiples.
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