Grupo México
GMBXF
#494
Rank
£31.43 B
Marketcap
£4.04
Share price
-2.75%
Change (1 day)
-0.64%
Change (1 year)

P/E ratio for Grupo México (GMBXF)

P/E ratio as of September 2024 (TTM): 12.0

According to Grupo México 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.9783. 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
20228.66-0.7%
20218.72-36.65%
202013.837.14%
201910.0-19.89%
201812.5-18.76%
201715.4-22.35%
201619.921.91%
201516.324.46%
201413.1-6.21%
201314.050.12%
20129.309.64%
20118.48-56.4%
201019.4-5.75%
200920.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
27.8 131.87%🇺🇸 USA
29.6 147.16%🇺🇸 USA
0.7561-93.69%🇲🇽 Mexico
N/AN/A🇺🇸 USA
35.3 194.72% Peru
23.4 94.95%🇺🇸 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.