Banorte (GFNORTEO.MX)

P/S ratio as of September 2024 (TTM): 2.28

According to Banorte's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.28039. At the end of 2024 the company had a P/S ratio of 2.57.

P/S ratio history for Banorte from 2010 to 2024

PS ratio at the end of each year

Year	P/S ratio	Change
2024	2.57	0.25%
2023	2.56	6.36%
2022	2.41	-5.66%
2021	2.56	6.26%
2020	2.41	32.75%
2019	1.81	7.87%
2018	1.68	-34.34%
2017	2.56	-9.99%
2016	2.84	-3.58%
2015	2.95	19.07%
2014	2.48	-25.53%
2013	3.32	20.13%
2012	2.77	38.74%
2011	1.99	-44.06%
2010	3.57

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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P/S ratio for Banorte (GFNORTEO.MX)