Grupo Carso
GCARSOA1.MX
#1309
Rank
HK$107.14 B
Marketcap
HK$47.50
Share price
1.48%
Change (1 day)
-16.83%
Change (1 year)

P/E ratio for Grupo Carso (GCARSOA1.MX)

P/E ratio as of November 2024 (TTM): 18.1

According to Grupo Carso's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.1065. At the end of 2022 the company had a P/E ratio of 9.69.

P/E ratio history for Grupo Carso from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.69-23.71%
202112.7-52.27%
202026.626.13%
201921.117.89%
201817.921.8%
201714.7-26.26%
201619.9-23.92%
201526.2-11.52%
201429.6159.02%
201311.4-40.22%
201219.113.51%
201116.844.86%
201011.684.58%
20096.30-9.18%
20086.93202.51%
20072.29-58.68%
20065.5569.14%
20053.28

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.