According to Walmex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.2218. At the end of 2022 the company had a P/E ratio of 24.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 24.6 | -18.81% |
2021 | 30.3 | -6.47% |
2020 | 32.4 | 31% |
2019 | 24.7 | 13.4% |
2018 | 21.8 | -10.01% |
2017 | 24.2 | 35.26% |
2016 | 17.9 | -34.01% |
2015 | 27.1 | 61.97% |
2014 | 16.7 | -35.76% |
2013 | 26.1 | -18.37% |
2012 | 31.9 | 11.81% |
2011 | 28.6 | -10.39% |
2010 | 31.9 | 5.21% |
2009 | 30.3 | 203.5% |
2008 | 9.98 |
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.