According to BMV (Bolsa Mexicana de Valores)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.1351. At the end of 2022 the company had a P/E ratio of 13.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 13.2 | -8.14% |
2021 | 14.4 | -23.26% |
2020 | 18.7 | 0.82% |
2019 | 18.6 | 28.59% |
2018 | 14.4 | -16.42% |
2017 | 17.3 | 3.15% |
2016 | 16.7 | -15.56% |
2015 | 19.8 | -25.05% |
2014 | 26.5 | 12.82% |
2013 | 23.4 | -17.25% |
2012 | 28.3 | 144.7% |
2011 | 11.6 | -52.75% |
2010 | 24.5 | 50.05% |
2009 | 16.3 |
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.