Walmex
WMMVF
#277
Rank
$68.25 B
Marketcap
$3.85
Share price
0.00%
Change (1 day)
-4.47%
Change (1 year)

P/E ratio for Walmex (WMMVF)

P/E ratio as of July 2024 (TTM): 23.6

According to Walmex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.5676. At the end of 2022 the company had a P/E ratio of 24.6.

P/E ratio history for Walmex from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202224.6-18.81%
202130.3-6.47%
202032.431%
201924.713.4%
201821.8-10.01%
201724.235.26%
201617.9-34.01%
201527.161.97%
201416.7-35.76%
201326.1-18.37%
201231.911.81%
201128.6-10.39%
201031.95.21%
200930.3203.5%
20089.98

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
67.5 186.27%๐Ÿ‡บ๐Ÿ‡ธ USA
19.0-19.28%๐Ÿ‡บ๐Ÿ‡ธ USA
23.9 1.53%๐Ÿ‡บ๐Ÿ‡ธ USA
13.4-43.11%๐Ÿ‡บ๐Ÿ‡ธ USA
21.2-10.15%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.0712-100.30%๐Ÿ‡บ๐Ÿ‡ธ USA
13.0-44.80%๐Ÿ‡บ๐Ÿ‡ธ USA

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.