Gruma (Maseca)
GRUMAB.MX
#2385
Rank
A$9.71 B
Marketcap
$26.72
Share price
1.19%
Change (1 day)
-1.34%
Change (1 year)
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P/E ratio for Gruma (Maseca) (GRUMAB.MX)

P/E ratio as of December 2024 (TTM): 17.2

According to Gruma (Maseca) 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.2415. At the end of 2015 the company had a P/E ratio of > 1000.

P/E ratio history for Gruma (Maseca) from 2001 to 2021

PE ratio at the end of each year

Year P/E ratio Change
2015> 1000712.8%
2014216
200972.2

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.