Banco Santander Mรฉxico
BSMX
#2046
Rank
$7.53 B
Marketcap
$5.46
Share price
2.44%
Change (1 day)
1.87%
Change (1 year)

P/E ratio for Banco Santander Mรฉxico (BSMX)

P/E ratio on July 7, 2023 (TTM): 4.96

According to Banco Santander Mรฉxico's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.96323. At the end of 2022 the company had a P/E ratio of 6.16.

P/E ratio history for Banco Santander Mรฉxico from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.16-28.31%
20218.5911.89%
20207.68
201713.615.84%
201611.8-13.34%
201513.60.02%
201413.618.91%
201311.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.36 88.61%๐Ÿ‡บ๐Ÿ‡ธ USA
12.6 153.50%๐Ÿ‡บ๐Ÿ‡ธ USA
6.31 27.08%๐Ÿ‡ฌ๐Ÿ‡ง UK
5.84 17.67%๐Ÿ‡จ๐Ÿ‡ด Colombia
8.19 65.08%๐Ÿ‡จ๐Ÿ‡ฑ Chile
7.43 49.66%๐Ÿ‡ช๐Ÿ‡ธ Spain
8.69 75.03%๐Ÿ‡ช๐Ÿ‡ธ Spain
9.83 98.16%๐Ÿ‡จ๐Ÿ‡ฆ Canada

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.