P/E ratio for Grupo Bimbo (BIMBOA.MX)
P/E ratio as of September 2023 (TTM): 9.48
According to Grupo Bimbo 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.47922. At the end of 2021 the company had a P/E ratio of 17.7.
P/E ratio history for Grupo Bimbo from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 17.7 | -17.94% |
| 2020 | 21.6 | -15.76% |
| 2019 | 25.6 | -19.12% |
| 2018 | 31.7 | -28.58% |
| 2017 | 44.4 | 18.05% |
| 2016 | 37.6 | -9.18% |
| 2015 | 41.4 | -23.51% |
| 2014 | 54.1 | 25.89% |
| 2013 | 43.0 | -45.31% |
| 2012 | 78.6 | 211.75% |
| 2011 | 25.2 | 11.32% |
| 2010 | 22.7 | 30.32% |
| 2009 | 17.4 | 7.94% |
| 2008 | 16.1 | -16.35% |
| 2007 | 19.3 | 7.32% |
| 2006 | 17.9 | 16.73% |
| 2005 | 15.4 | 17.19% |
| 2004 | 13.1 | -49.03% |
| 2003 | 25.7 | 41.57% |
| 2002 | 18.2 |
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.