Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Mexican (IPC) Diversified Banks Industry Analysis

UpdatedDec 13, 2024
DataAggregated Company Financials
Companies4
  • 7D2.3%
  • 3M1.5%
  • 1Y-23.3%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has risen 2.5%, driven by gains from Grupo Elektra. de of 50%. In the past year, the industry is down 20%. As for the next few years, earnings are expected to grow by 4.1% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 14 Dec 2024Mex$835.9bMex$304.3bMex$103.3b7.7x8.1x2.7x
Mon, 11 Nov 2024Mex$738.8bMex$207.9bMex$102.0b7.6x7.2x3.6x
Wed, 09 Oct 2024Mex$989.6bMex$294.7bMex$100.4b8.3x9.9x3.4x
Fri, 06 Sep 2024Mex$948.7bMex$294.7bMex$100.4b7.9x9.4x3.2x
Sun, 04 Aug 2024Mex$925.6bMex$294.7bMex$100.4b7.6x9.2x3.1x
Tue, 02 Jul 2024Mex$974.3bMex$285.0bMex$101.6b8.5x9.6x3.4x
Thu, 30 May 2024Mex$1.1tMex$285.0bMex$101.6b9x10.5x3.7x
Sat, 27 Apr 2024Mex$1.1tMex$285.0bMex$101.6b9.7x10.9x3.9x
Mon, 25 Mar 2024Mex$1.1tMex$282.7bMex$100.5b9.7x11.3x4x
Wed, 21 Feb 2024Mex$1.2tMex$280.9bMex$101.1b10.5x12x4.3x
Fri, 19 Jan 2024Mex$1.2tMex$365.1bMex$128.2b7.6x9.5x3.3x
Sun, 17 Dec 2023Mex$1.2tMex$361.0bMex$126.7b7.6x9.8x3.4x
Tue, 14 Nov 2023Mex$1.2tMex$358.5bMex$125.0b7x9.3x3.3x
Thu, 12 Oct 2023Mex$1.1tMex$350.3bMex$118.7b7.3x9.6x3.2x
Sat, 09 Sep 2023Mex$1.1tMex$350.3bMex$118.7b7.1x9.3x3.1x
Mon, 07 Aug 2023Mex$1.2tMex$350.3bMex$118.7b7.4x9.8x3.3x
Wed, 05 Jul 2023Mex$1.1tMex$340.0bMex$108.3b6.8x10.5x3.3x
Fri, 02 Jun 2023Mex$1.1tMex$340.0bMex$108.3b7.1x10.4x3.3x
Sun, 30 Apr 2023Mex$1.2tMex$340.0bMex$108.3b7.6x11x3.5x
Tue, 28 Mar 2023Mex$1.1tMex$326.6bMex$95.5b9x11.4x3.3x
Thu, 23 Feb 2023Mex$1.1tMex$329.2bMex$98.4b9.7x11.6x3.5x
Sat, 21 Jan 2023Mex$1.1tMex$319.3bMex$91.8b10.3x12.5x3.6x
Mon, 19 Dec 2022Mex$1.1tMex$319.3bMex$91.8b9.4x11.9x3.4x
Wed, 16 Nov 2022Mex$1.1tMex$319.3bMex$91.8b10x12.2x3.5x
Fri, 14 Oct 2022Mex$1.1tMex$306.7bMex$88.6b9.2x12x3.5x
Sun, 11 Sep 2022Mex$995.0bMex$306.7bMex$88.6b8.8x11.2x3.2x
Tue, 09 Aug 2022Mex$1.0tMex$306.7bMex$88.6b8.2x11.6x3.3x
Thu, 07 Jul 2022Mex$960.1bMex$294.2bMex$90.7b8.9x10.6x3.3x
Sat, 04 Jun 2022Mex$1.1tMex$294.2bMex$90.6b10x11.6x3.6x
Mon, 02 May 2022Mex$1.1tMex$285.8bMex$97.6b10.3x11.1x3.8x
Wed, 30 Mar 2022Mex$1.2tMex$278.4bMex$91.9b12.6x13x4.3x
Fri, 25 Feb 2022Mex$1.1tMex$271.9bMex$93.7b10.7x11.5x4x
Sun, 23 Jan 2022Mex$1.1tMex$266.0bMex$86.3b10.5x12.4x4x
Tue, 21 Dec 2021Mex$1.0tMex$266.0bMex$86.3b9.4x11.8x3.8x
Price to Earnings Ratio

11.8x


Total Market Cap: Mex$1.0tTotal Earnings: Mex$86.3bTotal Revenue: Mex$266.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Diversified Banks Industry Price to Earnings3Y Average 10.8x202220232024
Current Industry PE
  • Investors are pessimistic on the Mexican Diversified Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 7.9x which is lower than its 3-year average PE of 10.8x.
  • The 3-year average PS ratio of 3.5x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 6.1% per year over the last three years.
  • Revenues for these companies have grown 4.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Mexican Diversified Banks compare with similar industries?

MX Market0.70%
Financials1.51%
Banks1.78%
Diversified Banks2.25%
Regional Banks-0.50%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ELEKTRA * Grupo Elektra. deMex$469.9263.3%
+Mex$40.4b		-59.2%PB1.1x
GFNORTE O Grupo Financiero Banorte. deMex$143.300.7%
+Mex$3.0b		-16.3%PB1.6x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

ELEKTRA *

Mex$469.92

Grupo Elektra. de

7D

63.3%

1Y

-59.2%

GFNORTE O

Mex$143.30

Grupo Financiero Banorte. de

7D

0.7%

1Y

-16.3%

BBAJIO O

Mex$43.59

Banco del Bajío Institución de Banca Múltiple

7D

-1.9%

1Y

-23.0%

GFINBUR O

Mex$47.62

Grupo Financiero Inbursa. de

7D

-1.1%

1Y

4.8%

Grupo Financiero Inbursa, S.A.B. de C.V. Just Recorded A 35% EPS Beat: Here's What Analysts Are Forecasting Next

Oct 24
Grupo Financiero Inbursa, S.A.B. de C.V. Just Recorded A 35% EPS Beat: Here's What Analysts Are Forecasting Next