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Mexican (IPC) Diversified Banks Industry Analysis

UpdatedDec 05, 2022
DataAggregated Company Financials
Companies6
  • 7D-2.2%
  • 3M11.9%
  • 1Y6.0%
  • YTD3.4%

Over the last 7 days, the Diversified Banks industry has dropped 2.2%, driven by Grupo Financiero Banorte. de declining 4.3%. This takes the industry's 12 month performance to a gain of 6.0%. Earnings are forecast to grow by 7.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 05 Dec 2022Mex$1.1tMex$319.3bMex$91.8b9.6x12.1x3.5x
Wed, 02 Nov 2022Mex$1.1tMex$313.2bMex$88.4b9.6x12.9x3.6x
Fri, 30 Sep 2022Mex$1.0tMex$306.7bMex$88.6b8.7x11.3x3.3x
Sun, 28 Aug 2022Mex$1.0tMex$306.7bMex$88.6b8.6x11.4x3.3x
Tue, 26 Jul 2022Mex$998.9bMex$298.5bMex$93.6b9x10.7x3.3x
Thu, 23 Jun 2022Mex$979.3bMex$294.2bMex$90.7b8.8x10.8x3.3x
Sat, 21 May 2022Mex$1.0tMex$294.2bMex$90.6b10x11.6x3.6x
Mon, 18 Apr 2022Mex$1.1tMex$278.4bMex$91.9b12x12.3x4.1x
Wed, 16 Mar 2022Mex$1.1tMex$278.4bMex$91.9b11.4x12.3x4.1x
Fri, 11 Feb 2022Mex$1.1tMex$271.9bMex$93.7b11.4x11.9x4.1x
Sun, 09 Jan 2022Mex$1.1tMex$266.0bMex$86.3b10.4x12.8x4.2x
Tue, 07 Dec 2021Mex$1.0tMex$266.0bMex$86.3b10.3x12.1x3.9x
Thu, 04 Nov 2021Mex$1.1tMex$266.0bMex$86.3b10.6x12.7x4.1x
Sat, 02 Oct 2021Mex$1.1tMex$259.7bMex$81.5b10.3x13.1x4.1x
Mon, 30 Aug 2021Mex$1.1tMex$259.7bMex$81.5b10.1x13x4.1x
Tue, 06 Jul 2021Mex$1.1tMex$259.7bMex$81.5b10.3x13.2x4.1x
Fri, 09 Apr 2021Mex$946.4bMex$252.2bMex$67.8b10.4x14x3.8x
Thu, 31 Dec 2020Mex$919.1bMex$250.8bMex$66.1b10.4x13.9x3.7x
Sun, 04 Oct 2020Mex$723.4bMex$255.3bMex$67.7b4.9x10.7x2.8x
Wed, 08 Jul 2020Mex$759.4bMex$255.0bMex$74.6b6.8x10.2x3x
Tue, 31 Mar 2020Mex$750.5bMex$261.5bMex$86.7b5.2x8.7x2.9x
Fri, 03 Jan 2020Mex$988.4bMex$267.0bMex$92.7b8.3x10.7x3.7x
Price to Earnings Ratio

10.7x


Total Market Cap: Mex$988.4bTotal Earnings: Mex$92.7bTotal Revenue: Mex$267.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Diversified Banks Industry Price to Earnings3Y Average 11.8x20212022
Current Industry PE
  • Investors are relatively neutral on the Mexican Diversified 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 11.8x.
  • The industry is trading close to its 3-year average PS ratio of 3.6x.
Past Earnings Growth
  • The earnings for companies in the Diversified 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 Comparison

How does Mexican Diversified Banks compare with similar industries?

MX Market-0.41%
Financials-1.41%
Banks-2.10%
Diversified Banks-2.23%
Regional Banks1.00%
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$1.04k2.1%
+Mex$4.8b
-25.5%PB2.5x
BBAJIO O Banco del Bajío Institución de Banca MúltipleMex$61.131.4%
+Mex$987.6m
65.5%PB2.1x
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