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Mexican (IPC) Diversified Banks Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies4
- 7D-7.7%
- 3M-0.8%
- 1Y-27.2%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has dropped 7.8%, driven by pullbacks from every company within the industry. However, the industry is down 27% over the past year. Looking forward, earnings are forecast to grow by 4.1% annually.
Industry Valuation and Performance
Has the Mexican Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | Mex$790.6b | Mex$304.3b | Mex$103.3b | 7.3x | 7.7x | 2.6x |
| Tue, 19 Nov 2024 | Mex$722.3b | Mex$207.9b | Mex$102.0b | 7.2x | 7.1x | 3.5x |
| Thu, 17 Oct 2024 | Mex$960.5b | Mex$294.7b | Mex$100.4b | 8.1x | 9.6x | 3.3x |
| Sat, 14 Sep 2024 | Mex$942.2b | Mex$294.7b | Mex$100.4b | 7.9x | 9.4x | 3.2x |
| Mon, 12 Aug 2024 | Mex$938.0b | Mex$294.7b | Mex$100.4b | 7.8x | 9.3x | 3.2x |
| Wed, 10 Jul 2024 | Mex$992.8b | Mex$285.0b | Mex$101.6b | 8.4x | 9.8x | 3.5x |
| Fri, 07 Jun 2024 | Mex$1.0t | Mex$285.0b | Mex$101.6b | 9x | 10.2x | 3.6x |
| Sun, 05 May 2024 | Mex$1.1t | Mex$285.0b | Mex$101.6b | 9.7x | 11x | 3.9x |
| Tue, 02 Apr 2024 | Mex$1.1t | Mex$282.7b | Mex$100.5b | 9.8x | 11.4x | 4.1x |
| Thu, 29 Feb 2024 | Mex$1.2t | Mex$282.7b | Mex$100.5b | 9.9x | 11.8x | 4.2x |
| Sat, 27 Jan 2024 | Mex$1.3t | Mex$365.2b | Mex$128.3b | 8.2x | 9.9x | 3.5x |
| Mon, 25 Dec 2023 | Mex$1.2t | Mex$361.0b | Mex$126.7b | 7.7x | 9.8x | 3.4x |
| Wed, 22 Nov 2023 | Mex$1.2t | Mex$361.0b | Mex$126.7b | 7.3x | 9.5x | 3.3x |
| Fri, 20 Oct 2023 | Mex$1.1t | Mex$350.3b | Mex$118.7b | 7.3x | 9.5x | 3.2x |
| Sun, 17 Sep 2023 | Mex$1.1t | Mex$350.3b | Mex$118.7b | 7.3x | 9.5x | 3.2x |
| Tue, 15 Aug 2023 | Mex$1.1t | Mex$350.3b | Mex$118.7b | 7.2x | 9.5x | 3.2x |
| Thu, 13 Jul 2023 | Mex$1.2t | Mex$340.0b | Mex$108.3b | 6.9x | 10.7x | 3.4x |
| Sat, 10 Jun 2023 | Mex$1.1t | Mex$340.0b | Mex$108.3b | 7x | 10.6x | 3.4x |
| Mon, 08 May 2023 | Mex$1.2t | Mex$340.0b | Mex$108.3b | 7.9x | 10.9x | 3.5x |
| Wed, 05 Apr 2023 | Mex$1.2t | Mex$326.6b | Mex$95.5b | 9.6x | 12.1x | 3.6x |
| Fri, 03 Mar 2023 | Mex$1.2t | Mex$409.5b | Mex$97.9b | 9.8x | 11.8x | 2.8x |
| Sun, 29 Jan 2023 | Mex$1.2t | Mex$327.4b | Mex$96.3b | 9.9x | 12.3x | 3.6x |
| Tue, 27 Dec 2022 | Mex$1.1t | Mex$319.3b | Mex$91.8b | 9.5x | 12.1x | 3.5x |
| Thu, 24 Nov 2022 | Mex$1.1t | Mex$319.3b | Mex$91.8b | 10.2x | 12.2x | 3.5x |
| Sat, 22 Oct 2022 | Mex$1.1t | Mex$306.7b | Mex$88.6b | 10x | 12.6x | 3.6x |
| Mon, 19 Sep 2022 | Mex$1.0t | Mex$306.7b | Mex$88.6b | 8.9x | 11.5x | 3.3x |
| Wed, 17 Aug 2022 | Mex$1.0t | Mex$306.7b | Mex$88.6b | 8.8x | 11.7x | 3.4x |
| Fri, 15 Jul 2022 | Mex$963.9b | Mex$294.2b | Mex$90.7b | 9x | 10.6x | 3.3x |
| Sun, 12 Jun 2022 | Mex$1.0t | Mex$294.2b | Mex$90.6b | 9.4x | 11.2x | 3.4x |
| Tue, 10 May 2022 | Mex$1.1t | Mex$294.2b | Mex$90.6b | 9.9x | 11.6x | 3.6x |
| Thu, 07 Apr 2022 | Mex$1.2t | Mex$278.4b | Mex$91.9b | 12.3x | 12.8x | 4.2x |
| Sat, 05 Mar 2022 | Mex$1.1t | Mex$277.1b | Mex$91.9b | 11x | 12.2x | 4x |
| Mon, 31 Jan 2022 | Mex$1.1t | Mex$271.4b | Mex$94.0b | 10.8x | 11.4x | 4x |
| Wed, 29 Dec 2021 | Mex$1.1t | Mex$266.0b | Mex$86.3b | 10x | 12.2x | 4x |
Price to Earnings Ratio
12.2x
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 7.5x 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 2.5x.
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 Market | -4.29% | |
| Financials | -5.54% | |
| Banks | -6.58% | |
| Diversified Banks | -7.70% | |
| Regional Banks | -0.93% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||