P/E ratio for Grupo Financiero Inbursa (GFINBURO.MX)
P/E ratio as of May 2024 (TTM): 12.2
According to Grupo Financiero Inbursa's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.1857. At the end of 2022 the company had a P/E ratio of 7.14.
P/E ratio history for Grupo Financiero Inbursa from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.14 | -5.93% |
| 2021 | 7.59 | -27.5% |
| 2020 | 10.5 | -11.79% |
| 2019 | 11.9 | 7.64% |
| 2018 | 11.0 | 3.08% |
| 2017 | 10.7 | -36.4% |
| 2016 | 16.8 | -4.85% |
| 2015 | 17.7 | 25.99% |
| 2014 | 14.0 | -7.37% |
| 2013 | 15.1 | -49.05% |
| 2012 | 29.7 | -9.01% |
| 2011 | 32.7 | 54.32% |
| 2010 | 21.2 | 32.76% |
| 2009 | 15.9 |
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.