P/E ratio for Grupo Carso (GCARSOA1.MX)
P/E ratio as of May 2024 (TTM): 26.5
According to Grupo Carso's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.5393. At the end of 2022 the company had a P/E ratio of 9.69.
P/E ratio history for Grupo Carso from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.69 | -23.71% |
| 2021 | 12.7 | -52.27% |
| 2020 | 26.6 | 26.13% |
| 2019 | 21.1 | 17.89% |
| 2018 | 17.9 | 21.8% |
| 2017 | 14.7 | -26.26% |
| 2016 | 19.9 | -23.92% |
| 2015 | 26.2 | -11.52% |
| 2014 | 29.6 | 159.02% |
| 2013 | 11.4 | -40.22% |
| 2012 | 19.1 | 13.51% |
| 2011 | 16.8 | 44.86% |
| 2010 | 11.6 | 84.58% |
| 2009 | 6.30 | -9.18% |
| 2008 | 6.93 | 202.51% |
| 2007 | 2.29 | -58.68% |
| 2006 | 5.55 | 69.14% |
| 2005 | 3.28 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.