Grupo Aeroportuario Centro Norte
OMAB
#3246
Rank
$2.55 B
Marketcap
$52.35
Share price
-0.38%
Change (1 day)
8.34%
Change (1 year)

P/E ratio for Grupo Aeroportuario Centro Norte (OMAB)

P/E ratio as of October 2022 (TTM): 14.7

According to Grupo Aeroportuario Centro Norte 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.6774. At the end of 2021 the company had a P/E ratio of 18.6.

P/E ratio history for Grupo Aeroportuario Centro Norte from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202118.6-64.81%
202052.8199.75%
201917.6

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.