America Movil
AMX
#324
Rank
$57.26 B
Marketcap
$18.30
Share price
-0.05%
Change (1 day)
-13.76%
Change (1 year)

P/E ratio for America Movil (AMX)

P/E ratio as of April 2024 (TTM): 14.6

According to America Movil's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.5585. At the end of 2022 the company had a P/E ratio of 15.4.

P/E ratio history for America Movil from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.4115.33%
20217.13-65.53%
202020.739.88%
201914.8-19.94%
201818.5-24.59%
201724.5-69.55%
201680.4274.85%
201521.5-1.87%
201421.948.1%
201314.818.36%
201212.5-6.67%
201113.4-4.82%
201014.05.99%
200913.231.88%
200810.0-50.98%
200720.5-18.74%
200625.247.1%
200517.1-13.77%
200419.963.83%
200312.1-67.51%
200237.4-113.65%
2001-274

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-10.8-174.43%๐Ÿ‡บ๐Ÿ‡ธ USA
1.73-88.13%๐Ÿ‡บ๐Ÿ‡ธ USA
15.5 6.37%๐Ÿ‡ช๐Ÿ‡ธ Spain
15.4 6.00%๐Ÿ‡ง๐Ÿ‡ท Brazil
-2.49-117.14%๐Ÿ‡ฆ๐Ÿ‡ท Argentina

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.