Which has the lower trailing P/E, IRHO or MACI?

MACI has the lower trailing P/E: IRHO trades at 122.48 and MACI at 55.35. P/E is one valuation measure and does not by itself establish which business is cheaper.

Iron Horse Acquisitions II Corp. Common Stock (IRHO) vs Melar Acquisition Corp. I (MACI)

A side-by-side comparison of Iron Horse Acquisitions II Corp. Common Stock and Melar Acquisition Corp. I across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

IRHO

Iron Horse Acquisitions II Corp. Common Stock

$236M

$10.08Financial ServicesDelayed quote: Oct 6, 2026, 3:58 PM EDT

MACI

Melar Acquisition Corp. I

$239M

$11.07Financial ServicesDelayed quote: Oct 6, 2026, 4:00 PM EDT

Total return — IRHO vs MACI

growth of $100 · dividends reinvested · last 1y

IRHO +2.2% (+2.2%/yr)MACI +3.6% (+3.6%/yr)MACI compounded faster over this window

IRHO MACI

IRHO vs MACI: by the numbers

•MACI is the larger company ($239M vs $236M market cap).
•MACI trades at the lower trailing earnings multiple (55.35 vs 122.48 P/E), one valuation lens rather than an overall verdict.

Metrics side by side

Valuation

Metric	IRHO	MACI
P/E ratio	122.48	55.35
P/B ratio	1.06	6.08

Profitability

Metric	IRHO	MACI
Gross margin	0.00%	0.00%
Operating margin	0.00%	0.00%
Net margin	0.00%	0.00%
ROE	1.15%	9.90%
ROIC	-0.50%	-5.40%

Frequently asked

Which has the lower trailing P/E, IRHO or MACI?: MACI has the lower trailing P/E: IRHO trades at 122.48 and MACI at 55.35. P/E is one valuation measure and does not by itself establish which business is cheaper.

Go deeper

Full IRHO analysis Full MACI analysis Interactive comparison tool

Dig into the metrics

Iron Horse Acquisitions II Corp. Common Stock P/E ratio Melar Acquisition Corp. I P/E ratio Iron Horse Acquisitions II Corp. Common Stock ROE Melar Acquisition Corp. I ROE Iron Horse Acquisitions II Corp. Common Stock operating margin Melar Acquisition Corp. I operating margin Iron Horse Acquisitions II Corp. Common Stock revenue growth Melar Acquisition Corp. I revenue growth Iron Horse Acquisitions II Corp. Common Stock free cash flow Melar Acquisition Corp. I free cash flow

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.