P/E ratio for Grupo Aeroportuario Centro Norte (OMAB)
P/E ratio as of April 2024 (TTM): 19.4
According to Grupo Aeroportuario Centro Norte 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.4399. 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 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 18.6 | -64.81% |
| 2020 | 52.8 | 199.75% |
| 2019 | 17.6 | 40.71% |
| 2018 | 12.5 | |
| 2016 | 17.3 | -31.08% |
| 2015 | 25.0 | 5.04% |
| 2014 | 23.8 | 67.63% |
| 2013 | 14.2 | -16.89% |
| 2012 | 17.1 | 20.53% |
| 2011 | 14.2 | 6.4% |
| 2010 | 13.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Grupo Aeroportuario del Sureste
ASR | 17.9 | -7.78% | 🇲🇽 Mexico |
 Grupo Aeroportuario del Pacífico
PAC | 17.2 | -11.64% | 🇲🇽 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.