BackMacquarie-First Tr. Global Inf. Utilities Div. & Income Fund Overview
Macquarie-First Tr. Global Inf. Utilities Div. & Income Fund

Macquarie-First Tr. Global Inf. Utilities Div. & Income Fund P/E Ratio

Macquarie-First Tr. Global Inf. Utilities Div. & Income Fund (MFD) has a P/E ratio of 56.33, above the sector sector average of 25.13.

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P/E Ratio

56.33

P/E Ratio

56.33

The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.

P/E Ratio (Comparison Companies)

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P/E Ratio History

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P/E Ratio Comparison

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Macquarie-First Tr. Global Inf. Utilities Div. & Income Fund (MFD) FAQ

Macquarie-First Tr. Global Inf. Utilities Div. & Income Fund posts a P/E ratio of 56.33. That is above the sector sector average of 25.13. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

For its sector stocks, a P/E ratio near 25.13 is typical. Macquarie-First Tr. Global Inf. Utilities Div. & Income Fund's 56.33 is higher that level. That is roughly 124.2% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Macquarie-First Tr. Global Inf. Utilities Div. & Income Fund's P/E ratio of 56.33 comes from dividing a price-based measure by a related financial statistic. Changes can come from the stock price moving, the underlying fundamental shifting, or both. Track both the level and the trend — a rising multiple on falling fundamentals is a different story than a rising multiple on rising earnings.

Context for MFD's P/E ratio usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 25.13), and (3) consistency with growth and profitability. This page covers the first two; Macquarie-First Tr. Global Inf. Utilities Div. & Income Fund's other metric pages and overview cover the third.