Manila Electric Company (MER) Stock Price

MER Stock Price The current share price of Manila Electric Company (MER) as determined by recent trades is ₱420.00.
The displayed price is in Philippine pesos (PHP) and reflects the price as listed on the PSE. If the market is currently closed, this price reflects the last recorded value from the previous trading session.
2.44%
This is the stock price in U.S. dollars, converted using the current exchange rate of 1 USD = 56.51 PHP.
Price Data
Open Price This is the price at which a stock first trades when the market opens for the day. It is determined by the initial transactions between buyers and sellers as trading begins.
For Manila Electric Company (MER), the open price on Sep 16, 2024 is ₱420.00. If the market is currently closed, this price reflects the last recorded open price from the previous trading session.
₱420.00
High Price This is the highest price at which a stock trades during a given trading session. It reflects the peak value achieved by the stock as trading progresses throughout the day.
For Manila Electric Company (MER), the high price on Sep 16, 2024 is ₱420.00. If the market is currently closed, this price reflects the highest value from the last trading session.
₱420.00
Low Price This is the lowest price at which a stock trades during a given trading session. It represents the minimum value reached by the stock as trading progresses throughout the day.
For Manila Electric Company (MER), the low price on Sep 16, 2024 is ₱410.00. If the market is currently closed, this price reflects the lowest value from the last trading session.
₱410.00
52-Week High The 52-Week High represents the highest price at which a stock has traded over the past 52 weeks. It indicates the highest price the stock has achieved in the past year and provides an overview of its peak performance.
For Manila Electric Company (MER), the 52 Week High is ₱425.20.
₱425.20
52-Week Low The 52-Week Low represents the lowest price at which a stock has traded over the past 52 weeks. It highlights the stock's lowest value in the past year.
For Manila Electric Company (MER), the 52 Week Low is ₱345.80.
₱345.80
Market Data
Trade Volume This indicates the total monetary value of all trades executed for a stock during a specific trading session. It shows how much money has been traded and can vary throughout the day.
For Manila Electric Company (MER), the trade volume on Sep 16, 2024 is ₱43.24 Million. If the market is currently closed, this figure reflects the last recorded volume from the previous trading session.
₱43.24 Million
Market Cap Market capitalization, or "Market Cap," represents the total value of a company's outstanding shares of stock. It is calculated by multiplying the current share price by the total number of outstanding shares. This figure provides an indication of the company's total market value.
For Manila Electric Company (MER), the market cap on Sep 16, 2024 is 473.38 Billion PHP. If the market is currently closed, this figure reflects the last recorded value from the previous trading session.
₱473.38 Billion
P/E Ratio The Price-to-Earnings (P/E) Ratio measures a company's current share price relative to its earnings per share (EPS). It helps determine how much investors are willing to pay for each peso of earnings. A high P/E Ratio might suggest that investors expect future growth, while a low P/E Ratio could indicate that the stock is undervalued or that the company is facing challenges.
For Manila Electric Company (MER), the current P/E Ratio is 36.84. This value indicates the stock's pricing compared to its earnings, assisting in assessing whether the stock is priced fairly.
36.84
Earnings Per Share (EPS) Earnings Per Share (EPS) represents the portion of a company's profit allocated to each outstanding share of common stock. It is a key indicator of a company's profitability and financial health. EPS is calculated by dividing the company's net income by the number of outstanding shares. A higher EPS indicates greater profitability, while a lower EPS may suggest weaker financial performance.
For Manila Electric Company (MER), the current EPS is 11.4000. This figure provides insight into the company's earnings relative to its shares, helping investors evaluate its financial performance.
₱11.40
Book Value Per Share Book Value per Share (BVPS) shows how much each share of the company is worth based on the company's total assets minus its liabilities. It tells you how much you would theoretically get per share if the company were liquidated. Comparing this value with the stock's current price can help you assess if the stock is priced fairly. If the stock price is much higher than the BVPS, it might indicate that investors are paying for future growth potential. If the stock price is lower, it could suggest that the stock is undervalued compared to the company's net assets.
For Manila Electric Company (MER), the Book Value per Share is 161.1200.
₱161.12
Company Profile
Manila Electric Company (MER) is a private distribution utility organized on May 7, 1919 which holds a congressional franchise under Republic Act (RA) No. 9209 effective June 28, 2003. RA 9209 granted MER a 25-year franchise valid through June 28, 2028 to construct, operate, and maintain the electric distribution system in the cities and municipalities of Bulacan, Cavite, Metro Manila, and Rizal and certain cities, municipalities, and barangays in the provinces of Batangas, Laguna, Pampanga, and Quezon. The principal business of MER is the distribution and sale of electric energy through its distribution network facilities in its franchise area. The Company's market is categorized into four classes namely, residential, commercial, industrial, and streetlights. MER's subsidiaries include Meralco Industrial Engineering Services Corporation; Meralco Energy, Inc.; Clark electric Distribution Corporation; MERALCO PowerGen Corporation; and eSakay, Inc. Source: SEC Form 17-A (2022)
Stock Information
Sector
Industrial
Subsector
Elec., Energy, Power & Water
Outstanding Shares
1,127,098,705
Share Type
Common
ISIN
PHY5764J1483
Board Lot The "Board Lot" refers to the minimum number of shares that must be traded in a single transaction on the Philippine Stock Exchange (PSE). It ensures that trades are made in standardized quantities. The board lot varies depending on the stock's price and trading volume.
For Manila Electric Company (MER), the board lot is 10 shares. This specifies the smallest quantity of shares that can be traded at one time for this stock on the PSE.
10