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Mexican (IPC) Metals and Mining Industry Analysis

UpdatedMay 22, 2026
DataAggregated Company Financials
Companies5
  • 7D0.6%
  • 3M-2.0%
  • 1Y95.5%
  • YTD15.9%

Over the last 7 days, the Metals and Mining industry has dropped 3.9%, driven by a pullback from Grupo México. de of 4.1%. In the past year, the industry has gained 97%. Looking forward, earnings are forecast to grow by 1.2% annually.

Industry Valuation and Performance

Has the Mexican Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 22 May 2026Mex$2.1tMex$572.3bMex$133.8b18.5x15.7x3.7x
Sun, 19 Apr 2026Mex$2.2tMex$517.3bMex$113.0b28x19.2x4.2x
Tue, 17 Mar 2026Mex$2.0tMex$534.1bMex$117.0b30.6x16.8x3.7x
Thu, 12 Feb 2026Mex$2.2tMex$498.5bMex$104.2b36.4x20.7x4.3x
Sat, 10 Jan 2026Mex$1.9tMex$495.6bMex$96.5b33.2x19.5x3.8x
Mon, 08 Dec 2025Mex$1.7tMex$500.8bMex$97.6b30.9x17.8x3.5x
Wed, 05 Nov 2025Mex$1.6tMex$513.6bMex$100.2b29.7x16.3x3.2x
Fri, 03 Oct 2025Mex$1.7tMex$494.5bMex$87.8b21.8x19x3.4x
Sun, 31 Aug 2025Mex$1.3tMex$500.3bMex$88.9b17.8x14.5x2.6x
Tue, 29 Jul 2025Mex$1.2tMex$498.7bMex$83.4b13.4x14.8x2.5x
Thu, 26 Jun 2025Mex$1.1tMex$502.3bMex$84.5b12x13.4x2.3x
Sat, 24 May 2025Mex$1.1tMex$510.0bMex$85.7b11.5x12.6x2.1x
Mon, 21 Apr 2025Mex$1.0tMex$505.1bMex$81.4b11x12.7x2x
Wed, 19 Mar 2025Mex$1.1tMex$510.1bMex$82.2b11.6x12.8x2.1x
Fri, 14 Feb 2025Mex$1.0tMex$502.3bMex$82.4b11.1x12.6x2.1x
Sun, 12 Jan 2025Mex$1.0tMex$509.1bMex$83.5b10.7x12x2x
Tue, 10 Dec 2024Mex$1.0tMex$498.7bMex$81.8b11.6x12.4x2x
Thu, 07 Nov 2024Mex$1.1tMex$495.0bMex$81.2b11.4x13.2x2.2x
Sat, 05 Oct 2024Mex$1.0tMex$463.2bMex$73.3b12.7x14.2x2.2x
Mon, 02 Sep 2024Mex$976.8bMex$472.5bMex$74.8b11.4x13.1x2.1x
Wed, 31 Jul 2024Mex$1.0tMex$450.7bMex$71.9b12.3x13.9x2.2x
Fri, 28 Jun 2024Mex$944.5bMex$427.9bMex$64.0b15.7x14.8x2.2x
Sun, 26 May 2024Mex$1.0tMex$392.5bMex$57.8b17.9x17.5x2.6x
Tue, 23 Apr 2024Mex$1.0tMex$411.9bMex$62.5b23.2x16.3x2.5x
Thu, 21 Mar 2024Mex$904.6bMex$416.1bMex$61.3b23.5x14.7x2.2x
Sat, 17 Feb 2024Mex$858.3bMex$422.1bMex$62.1b23.5x13.8x2x
Mon, 15 Jan 2024Mex$857.6bMex$424.4bMex$64.4b23.5x13.3x2x
Wed, 13 Dec 2023Mex$820.4bMex$434.3bMex$66.0b23.5x12.4x1.9x
Fri, 10 Nov 2023Mex$768.7bMex$445.6bMex$68.1b23.5x11.3x1.7x
Sun, 08 Oct 2023Mex$794.7bMex$444.8bMex$67.4b21.2x11.8x1.8x
Tue, 05 Sep 2023Mex$842.6bMex$425.3bMex$63.8b23.9x13.2x2x
Thu, 03 Aug 2023Mex$862.7bMex$421.1bMex$64.2b24.5x13.4x2x
Sat, 01 Jul 2023Mex$842.3bMex$427.9bMex$66.1b17.2x12.7x2x
Mon, 29 May 2023Mex$857.3bMex$438.0bMex$67.8b17.2x12.6x2x
Price to Earnings Ratio

12.6x


Total Market Cap: Mex$857.3bTotal Earnings: Mex$67.8bTotal Revenue: Mex$438.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Metals and Mining Industry Price to Earnings3Y Average 14.7x202420252026
Current Industry PE
  • Investors are relatively neutral on the Mexican Metals and Mining 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 14.7x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have grown 25% per year over the last three years.
  • Revenues for these companies have grown 9.3% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

MX Market0.22%
Materials0.34%
Metals and Mining0.64%
Precious Metals and Minerals2.26%
Steel1.59%
Diversified Metals and Mining0.22%
Industry PE
  • Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 40.6x.
    • Analysts are expecting annual earnings growth of 108.4%, which is higher than its past year's earnings decline of 84.0% per year.
  • Investors are most pessimistic about the Precious Metals and Minerals industry, which is trading below its 3-year average of 50.7x.
Forecasted Growth
  • Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 108% over the next 5 years.
  • This is better than its past earnings decline of 84% per year.
  • In contrast, the Precious Metals and Minerals industry is expected to see its earnings decline by 13% 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
PE&OLES * Industrias Peñoles. deMex$973.222.3%
+Mex$8.5b
141.1%PE12.1x
GMEXICO B Grupo México. deMex$203.020.5%
+Mex$7.1b
92.6%PE16.1x
ICH B Industrias CH S. A. B. de C. VMex$181.001.7%
+Mex$1.2b
1.1%PE50x

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