Fomento Económico Mexicano
FMX
#85
Rank
€159.03 B
Marketcap
90,40 €
Share price
-0.14%
Change (1 day)
-18.58%
Change (1 year)
Categories

P/E ratio for Fomento Económico Mexicano (FMX)

P/E ratio as of November 2024 (TTM): 7.82

According to Fomento Económico Mexicano's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.81739. At the end of 2023 the company had a P/E ratio of 3.49.

P/E ratio history for Fomento Económico Mexicano from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20233.49-38.23%
20225.6415.62%
20214.88-106.94%
2020-70.3-961.04%
20198.1734.09%
20186.0953.14%
20173.98-38.04%
20166.42-32.31%
20159.49-17.88%
201411.63.21%
201311.227.99%
20128.75

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.7 228.38%🇺🇸 USA
27.4 251.07%🇺🇸 USA
25.5 225.60%🇺🇸 USA
14.7 87.47%🇲🇽 Mexico
7.82 0.00%🇲🇽 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.