P/E ratio for Grupo Bimbo (BIMBOA.MX)
P/E ratio as of April 2024 (TTM): 7.76
According to Grupo Bimbo 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.75728. At the end of 2022 the company had a P/E ratio of 7.80.
P/E ratio history for Grupo Bimbo from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.80 | -56.02% |
| 2021 | 17.7 | -17.55% |
| 2020 | 21.5 | -16.12% |
| 2019 | 25.6 | -19.42% |
| 2018 | 31.8 | -28.31% |
| 2017 | 44.4 | 17.11% |
| 2016 | 37.9 | 68.05% |
| 2015 | 22.6 | -57.87% |
| 2014 | 53.6 | 24.54% |
| 2013 | 43.0 | -40.9% |
| 2012 | 72.8 | 161.05% |
| 2011 | 27.9 | 22.96% |
| 2010 | 22.7 | 34.77% |
| 2009 | 16.8 |
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.