P/E ratio for Walmex (WMMVF)
P/E ratio as of June 2024 (TTM): 23.8
According to Walmex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.8247. 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 |
|---|---|---|
| 2022 | 24.6 | -18.81% |
| 2021 | 30.3 | -6.47% |
| 2020 | 32.4 | 31% |
| 2019 | 24.7 | 13.4% |
| 2018 | 21.8 | -10.01% |
| 2017 | 24.2 | 35.26% |
| 2016 | 17.9 | -34.01% |
| 2015 | 27.1 | 61.97% |
| 2014 | 16.7 | -35.76% |
| 2013 | 26.1 | -18.37% |
| 2012 | 31.9 | 11.81% |
| 2011 | 28.6 | -10.39% |
| 2010 | 31.9 | 5.21% |
| 2009 | 30.3 | 203.5% |
| 2008 | 9.98 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Walmart WMT | 12.4 | -47.82% | 🇺🇸 USA |
 Costco COST | 64.7 | 171.39% | 🇺🇸 USA |
 Dollar General DG | 13.1 | -45.20% | 🇺🇸 USA |
 Dollar Tree DLTR | 20.8 | -12.56% | 🇺🇸 USA |
 Kroger KR | 23.2 | -2.60% | 🇺🇸 USA |
 Target TGT | 20.5 | -14.06% | 🇺🇸 USA |
 Big Lots
BIG | -0.1730 | -100.73% | 🇺🇸 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.