PHP.L vs. MAIN

Last updated Apr 1, 2026

Compare and contrast key facts about Primary Health Properties (PHP.L) and Main Street Capital Corporation (MAIN).

Performance

PHP.L vs. MAIN - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Primary Health Properties (PHP.L) and Main Street Capital Corporation (MAIN). The values are adjusted to include any dividend payments, if applicable.

PHP.L vs. MAIN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PHP.L Primary Health Properties	-3.67%	13.36%	-3.49%	0.11%	-23.05%	3.17%	-0.83%	50.58%	-0.19%	10.16%
MAIN Main Street Capital Corporation	-8.97%	2.85%	49.87%	21.81%	-0.83%	49.72%	-21.90%	31.68%	-2.83%	6.54%

Different Trading Currencies

PHP.L is traded in GBp, while MAIN is traded in USD. To make them comparable, the MAIN values have been converted to GBp using the latest available exchange rates.

Fundamentals

Market Cap PHP.L : £2.47B MAIN : $4.76B
EPS PHP.L : £0.08 MAIN : $5.14
PE Ratio PHP.L : 11.83 MAIN : 10.30
PEG Ratio PHP.L : 0.90 MAIN : 4.97
PS Ratio PHP.L : 4.31 MAIN : 8.36
PB Ratio PHP.L : 0.97 MAIN : 1.59
Total Revenue (TTM) PHP.L : £440.70M MAIN : $566.39M
Gross Profit (TTM) PHP.L : £308.00M MAIN : $435.68M
EBITDA (TTM) PHP.L : £325.10M MAIN : $383.65M

Returns By Period

In the year-to-date period, PHP.L achieves a -3.67% return, which is significantly higher than MAIN's -8.97% return. Over the past 10 years, PHP.L has underperformed MAIN with an annualized return of 4.52%, while MAIN has yielded a comparatively higher 14.60% annualized return.

PHP.L

• 1D: -0.33%
• 1M: -14.42%
• YTD: -3.67%
• 6M: 5.38%
• 1Y: 4.47%
• 3Y*: 3.85%
• 5Y*: -3.24%
• 10Y*: 4.52%

MAIN

• 1D: 2.24%
• 1M: -3.98%
• YTD: -8.97%
• 6M: -12.16%
• 1Y: -1.67%
• 3Y*: 16.90%
• 5Y*: 15.23%
• 10Y*: 14.60%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

PHP.L vs. MAIN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PHP.L

PHP.L Risk / Return Rank: 46
PHP.L Sharpe Ratio Rank: 50
PHP.L Sortino Ratio Rank: 42
PHP.L Omega Ratio Rank: 41
PHP.L Calmar Ratio Rank: 48
PHP.L Martin Ratio Rank: 49

MAIN

MAIN Risk / Return Rank: 40
MAIN Sharpe Ratio Rank: 43
MAIN Sortino Ratio Rank: 36
MAIN Omega Ratio Rank: 36
MAIN Calmar Ratio Rank: 43
MAIN Martin Ratio Rank: 43

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PHP.L vs. MAIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Primary Health Properties (PHP.L) and Main Street Capital Corporation (MAIN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	PHP.L	MAIN	Difference
Sharpe ratio Return per unit of total volatility	0.24	-0.07	+0.31
Sortino ratio Return per unit of downside risk	0.47	0.08	+0.39
Omega ratio Gain probability vs. loss probability	1.06	1.01	+0.05
Calmar ratio Return relative to maximum drawdown	0.28	-0.10	+0.38
Martin ratio Return relative to average drawdown	0.70	-0.23	+0.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PHP.L vs. MAIN - Sharpe Ratio Comparison

The current PHP.L Sharpe Ratio is 0.24, which is higher than the MAIN Sharpe Ratio of -0.07. The chart below compares the historical Sharpe Ratios of PHP.L and MAIN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PHP.L	MAIN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.24	-0.07	+0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.15	0.74	-0.89
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.23	0.55	-0.32
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.66	-0.23

Correlation

The correlation between PHP.L and MAIN is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

PHP.L vs. MAIN - Dividend Comparison

PHP.L's dividend yield for the trailing twelve months is around 7.93%, less than MAIN's 8.04% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PHP.L Primary Health Properties	7.93%	7.25%	7.40%	6.45%	5.87%	4.10%	3.86%	3.50%	4.86%	4.50%	4.62%	4.65%
MAIN Main Street Capital Corporation	8.04%	7.00%	7.02%	8.55%	7.97%	5.74%	6.99%	6.76%	8.43%	7.49%	7.42%	9.15%

Drawdowns

PHP.L vs. MAIN - Drawdown Comparison

The maximum PHP.L drawdown since its inception was -52.64%, smaller than the maximum MAIN drawdown of -60.73%. Use the drawdown chart below to compare losses from any high point for PHP.L and MAIN.

Drawdown Indicators

	PHP.L	MAIN	Difference
Max Drawdown Largest peak-to-trough decline	-52.64%	-64.53%	+11.89%
Max Drawdown (1Y) Largest decline over 1 year	-15.84%	-20.22%	+4.38%
Max Drawdown (5Y) Largest decline over 5 years	-42.78%	-27.06%	-15.72%
Max Drawdown (10Y) Largest decline over 10 years	-42.78%	-64.53%	+21.75%
Current Drawdown Current decline from peak	-26.79%	-18.00%	-8.79%
Average Drawdown Average peak-to-trough decline	-12.82%	-7.20%	-5.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.33%	8.42%	-2.09%

Volatility

PHP.L vs. MAIN - Volatility Comparison

Primary Health Properties (PHP.L) has a higher volatility of 7.20% compared to Main Street Capital Corporation (MAIN) at 6.63%. This indicates that PHP.L's price experiences larger fluctuations and is considered to be riskier than MAIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PHP.L	MAIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.20%	6.63%	+0.57%
Volatility (6M) Calculated over the trailing 6-month period	12.80%	17.25%	-4.45%
Volatility (1Y) Calculated over the trailing 1-year period	18.24%	24.86%	-6.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.01%	20.68%	+0.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.73%	26.76%	-7.03%

Financials