Grupo Financiero Inbursa
GFINBURO.MX
#1333
Rank
โ‚น1.137 T
Marketcap
โ‚น186.99
Share price
0.94%
Change (1 day)
-8.27%
Change (1 year)

P/E ratio for Grupo Financiero Inbursa (GFINBURO.MX)

P/E ratio as of November 2024 (TTM): 8.97

According to Grupo Financiero Inbursa's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.97023. At the end of 2022 the company had a P/E ratio of 7.14.

P/E ratio history for Grupo Financiero Inbursa from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.14-5.93%
20217.59-27.5%
202010.5-11.79%
201911.97.64%
201811.03.08%
201710.7-36.4%
201616.8-4.85%
201517.725.99%
201414.0-7.37%
201315.1-49.05%
201229.7-9.01%
201132.754.32%
201021.232.76%
200915.9

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.