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Mexican (IPC) Banks Industry Analysis

UpdatedDec 07, 2022
DataAggregated Company Financials
Companies7
  • 7D-1.5%
  • 3M12.0%
  • 1Y6.3%
  • YTD2.5%

Over the last 7 days, the Banks industry has dropped 1.5%, driven by Grupo Financiero Inbursa. de declining 3.6%. In the past year, the industry has gained 6.3%. As for the next few years, earnings are expected to grow by 7.5% per annum.

Industry Valuation and Performance

Has the Mexican Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 08 Dec 2022Mex$1.1tMex$329.9bMex$95.9b9.6x11.8x3.4x
Sat, 05 Nov 2022Mex$1.2tMex$324.4bMex$92.9b10.1x12.8x3.7x
Mon, 03 Oct 2022Mex$1.0tMex$317.3bMex$92.7b8.8x11.1x3.3x
Wed, 31 Aug 2022Mex$1.0tMex$317.3bMex$92.7b8.5x11.1x3.2x
Fri, 29 Jul 2022Mex$1.0tMex$308.6bMex$97.5b9.2x10.7x3.4x
Sun, 26 Jun 2022Mex$1.0tMex$304.4bMex$94.6b8.8x10.6x3.3x
Tue, 24 May 2022Mex$1.1tMex$304.4bMex$94.5b10.2x11.5x3.6x
Thu, 21 Apr 2022Mex$1.2tMex$288.0bMex$95.5b11.6x12.2x4x
Sat, 19 Mar 2022Mex$1.3tMex$288.0bMex$95.5b12.5x13.1x4.4x
Mon, 14 Feb 2022Mex$1.2tMex$281.5bMex$97.3b11.8x12x4.1x
Wed, 12 Jan 2022Mex$1.1tMex$275.1bMex$89.5b10.9x12.7x4.1x
Fri, 10 Dec 2021Mex$1.1tMex$275.1bMex$89.5b10x12.1x3.9x
Sun, 07 Nov 2021Mex$1.1tMex$275.2bMex$89.4b11.1x12.7x4.1x
Tue, 05 Oct 2021Mex$1.1tMex$268.7bMex$84.6b12.1x13.1x4.1x
Thu, 02 Sep 2021Mex$1.1tMex$268.7bMex$84.6b11.4x13x4.1x
Sat, 31 Jul 2021Mex$1.1tMex$268.7bMex$84.6b11.6x13.1x4.1x
Tue, 04 May 2021Mex$1.0tMex$260.9bMex$70.7b11.4x14.5x3.9x
Fri, 05 Feb 2021Mex$919.2bMex$259.6bMex$69.0b9.4x13.3x3.5x
Mon, 09 Nov 2020Mex$795.2bMex$264.4bMex$71.0b5.5x11.2x3x
Sun, 02 Aug 2020Mex$744.2bMex$268.2bMex$78.5b5.2x9.5x2.8x
Wed, 06 May 2020Mex$734.7bMex$271.1bMex$90.4b5.3x8.1x2.7x
Sat, 08 Feb 2020Mex$1.0tMex$276.4bMex$96.4b9.4x10.9x3.8x
Price to Earnings Ratio

10.6x


Total Market Cap: Mex$1.0tTotal Earnings: Mex$96.4bTotal Revenue: Mex$276.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Banks Industry Price to Earnings3Y Average 11.7x20212022
Current Industry PE
  • Investors are relatively neutral on the Mexican Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 11.7x.
  • The industry is trading close to its 3-year average PS ratio of 3.6x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 6.1% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Mexican Financials industry?

MX Market1.48%
Financials-0.96%
Banks-1.55%
Regional Banks-0.48%
Diversified Banks-1.59%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 11.8x.
    • Analysts are expecting annual earnings growth of 7.5%, which is lower than the prior year's growth of 38.9% per year.
  • Investors are most pessimistic about the Regional Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.5x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 7.5% over the next 5 years.
  • However this is lower than its past earnings growth rate of 39% per year.
  • In contrast, the Regional Banks industry is expected to see its earnings grow by 7.1% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available
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