P/E ratio for Grupo México (GMBXF)
P/E ratio as of May 2024 (TTM): 13.5
According to Grupo México 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.4783. At the end of 2022 the company had a P/E ratio of 8.66.
P/E ratio history for Grupo México from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.66 | -0.7% |
| 2021 | 8.72 | -36.65% |
| 2020 | 13.8 | 37.14% |
| 2019 | 10.0 | -19.89% |
| 2018 | 12.5 | -18.76% |
| 2017 | 15.4 | -22.35% |
| 2016 | 19.9 | 21.91% |
| 2015 | 16.3 | 24.46% |
| 2014 | 13.1 | -6.21% |
| 2013 | 14.0 | 50.12% |
| 2012 | 9.30 | 9.64% |
| 2011 | 8.48 | -56.4% |
| 2010 | 19.4 | -5.75% |
| 2009 | 20.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Union Pacific Corporation UNP | 23.6 | 75.42% | 🇺🇸 USA |
 Freeport-McMoRan FCX | 33.9 | 151.71% | 🇺🇸 USA |
 Kansas City Southern
KSU | N/A | N/A | 🇺🇸 USA |
 Buenaventura Mining Company BVN | 46.4 | 244.61% | Peru |
 Southern Copper SCCO | 31.4 | 132.76% | 🇺🇸 USA |
 Cemex CX | 0.9645 | -92.84% | 🇲🇽 Mexico |
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.