P/E ratio for America Movil (AMX)
P/E ratio as of October 2022 (TTM): 5.09
According to America Movil's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.09248. At the end of 2020 the company had a P/E ratio of 20.9.
P/E ratio history for America Movil from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 20.9 | 39.57% |
| 2019 | 15.0 | -21.09% |
| 2018 | 19.0 | -44.15% |
| 2017 | 34.0 | -57.77% |
| 2016 | 80.4 | 193.67% |
| 2015 | 27.4 | |
| 2013 | 14.6 | 16.97% |
| 2012 | 12.5 |
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.