Banco Santander México
BSMX
#2115
Rank
£5.98 B
Marketcap
£4.34
Share price
2.44%
Change (1 day)
2.01%
Change (1 year)

P/E ratio for Banco Santander México (BSMX)

P/E ratio on July 7, 2023 (TTM): 4.96

According to Banco Santander México's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.96323. At the end of 2022 the company had a P/E ratio of 6.16.

P/E ratio history for Banco Santander México from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.16-28.31%
20218.5911.89%
20207.68
201713.615.84%
201611.8-13.34%
201513.60.02%
201413.618.91%
201311.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.2 104.67%🇺🇸 USA
15.6 214.75%🇺🇸 USA
6.61 33.18%🇬🇧 UK
5.56 11.95%🇨🇴 Colombia
7.62 53.57%🇨🇱 Chile
6.93 39.68%🇪🇸 Spain
7.78 56.68%🇪🇸 Spain
11.8 137.16%🇨🇦 Canada

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.