P/E ratio for Fomento Económico Mexicano (FMX)
P/E ratio as of April 2024 (TTM): 57.5
According to Fomento Económico Mexicano's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 57.5015. At the end of 2022 the company had a P/E ratio of 113.
P/E ratio history for Fomento Económico Mexicano from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 113 | 12.94% |
| 2021 | 99.7 | -107.28% |
| 2020 | < -1000 | -969.55% |
| 2019 | 158 | 32.36% |
| 2018 | 119 | 63.37% |
| 2017 | 72.9 | -40.83% |
| 2016 | 123 | -20.91% |
| 2015 | 156 | -0.43% |
| 2014 | 156 | 8.27% |
| 2013 | 144 | 27.96% |
| 2012 | 113 | 5.79% |
| 2011 | 107 | 683.37% |
| 2010 | 13.6 | -80.59% |
| 2009 | 70.2 | -20.47% |
| 2008 | 88.3 | 0.14% |
| 2007 | 88.1 | -18.34% |
| 2006 | 108 | 801.79% |
| 2005 | 12.0 | 102.04% |
| 2004 | 5.92 | -27.81% |
| 2003 | 8.21 | -64.87% |
| 2002 | 23.4 | -74.06% |
| 2001 | 90.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Coca-Cola KO | 23.3 | -59.39% | 🇺🇸 USA |
 Pepsico PEP | 27.8 | -51.74% | 🇺🇸 USA |
 Coca-Cola Consolidated COKE | 16.9 | -70.62% | 🇺🇸 USA |
 Fomento Económico Mexicano FMX | 57.5 | 0.00% | 🇲🇽 Mexico |
 Coca-Cola FEMSA KOF | 16.9 | -70.68% | 🇲🇽 Mexico |
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.