Header cover image

Mexican (IPC) Metals and Mining Industry Analysis

UpdatedJan 15, 2026
DataAggregated Company Financials
Companies5
  • 7D10.7%
  • 3M27.9%
  • 1Y106.7%
  • YTD14.8%

The Metals and Mining industry is up 11% in the last week, with Grupo México. de up 11%. This means that the industry has gained 107% over the past year. Looking forward, earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 15 Jan 2026Mex$2.0tMex$491.4bMex$95.6b34.2x21.2x4.1x
Sat, 13 Dec 2025Mex$1.8tMex$496.6bMex$96.7b31.7x18.5x3.6x
Mon, 10 Nov 2025Mex$1.7tMex$507.7bMex$99.0b29.9x16.7x3.3x
Wed, 08 Oct 2025Mex$1.5tMex$493.8bMex$87.6b20.5x17.2x3.1x
Fri, 05 Sep 2025Mex$1.4tMex$502.0bMex$89.2b19.1x15.2x2.7x
Sun, 03 Aug 2025Mex$1.2tMex$496.7bMex$82.4b16.1x14.7x2.4x
Tue, 01 Jul 2025Mex$1.2tMex$498.7bMex$83.9b12.7x14.1x2.4x
Thu, 29 May 2025Mex$1.1tMex$514.1bMex$86.4b11.6x12.6x2.1x
Sat, 26 Apr 2025Mex$1.1tMex$500.5bMex$80.7b11.7x13.3x2.1x
Mon, 24 Mar 2025Mex$1.1tMex$517.0bMex$83.3b11.4x12.6x2x
Wed, 19 Feb 2025Mex$1.0tMex$498.7bMex$81.8b11.4x12.8x2.1x
Fri, 17 Jan 2025Mex$1.0tMex$511.8bMex$84.0b10.7x12x2x
Sun, 15 Dec 2024Mex$1.1tMex$496.3bMex$81.4b11.4x12.9x2.1x
Tue, 12 Nov 2024Mex$1.0tMex$500.7bMex$82.1b11.2x12.7x2.1x
Thu, 10 Oct 2024Mex$1.0tMex$468.1bMex$74.1b12.3x14x2.2x
Sat, 07 Sep 2024Mex$968.2bMex$479.0bMex$75.9b11.1x12.8x2x
Mon, 05 Aug 2024Mex$995.0bMex$461.2bMex$72.4b11.8x13.7x2.2x
Wed, 03 Jul 2024Mex$978.7bMex$425.0bMex$63.5b15.9x15.4x2.3x
Fri, 31 May 2024Mex$1.0tMex$397.4bMex$59.1b15.4x17.4x2.6x
Sun, 28 Apr 2024Mex$1.0tMex$411.4bMex$61.5b23.5x17x2.5x
Tue, 26 Mar 2024Mex$951.5bMex$403.5bMex$61.9b29.9x15.4x2.4x
Thu, 22 Feb 2024Mex$861.4bMex$422.0bMex$62.1b23.4x13.9x2x
Sat, 20 Jan 2024Mex$828.2bMex$429.7bMex$65.3b23.2x12.7x1.9x
Mon, 18 Dec 2023Mex$882.0bMex$431.7bMex$65.7b21.4x13.4x2x
Wed, 15 Nov 2023Mex$753.7bMex$434.7bMex$66.2b23.8x11.4x1.7x
Fri, 13 Oct 2023Mex$793.9bMex$440.9bMex$66.7b23.1x11.9x1.8x
Sun, 10 Sep 2023Mex$838.7bMex$434.1bMex$65.3b23.7x12.8x1.9x
Tue, 08 Aug 2023Mex$860.6bMex$423.0bMex$63.4b24.5x13.6x2x
Thu, 06 Jul 2023Mex$861.5bMex$425.8bMex$65.7b17.2x13.1x2x
Sat, 03 Jun 2023Mex$855.5bMex$435.6bMex$67.4b17.2x12.7x2x
Mon, 01 May 2023Mex$908.8bMex$447.9bMex$69.3b14.5x13.1x2x
Wed, 29 Mar 2023Mex$888.6bMex$455.0bMex$71.4b14.2x12.4x2x
Fri, 24 Feb 2023Mex$860.8bMex$458.7bMex$71.7b10.7x12x1.9x
Sun, 22 Jan 2023Mex$872.9bMex$468.8bMex$72.5b10.5x12x1.9x
Price to Earnings Ratio

12x


Total Market Cap: Mex$872.9bTotal Earnings: Mex$72.5bTotal Revenue: Mex$468.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Metals and Mining Industry Price to Earnings3Y Average 13.9x202420252026
Current Industry PE
  • Investors are optimistic on the Mexican Metals and Mining industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 21.2x which is higher than its 3-year average PE of 13.9x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 4.1x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have grown 9.7% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

MX Market3.18%
Materials9.73%
Metals and Mining10.68%
Precious Metals and Minerals12.18%
Diversified Metals and Mining10.99%
Steel-3.03%
Industry PE
  • Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 23.8x.
    • Analysts are expecting annual earnings growth of 79.8%, which is higher than its past year's earnings decline of 80.9% per year.
  • Investors are most pessimistic about the Diversified Metals and Mining industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 12.6x.
Forecasted Growth
  • Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 80% over the next 5 years.
  • This is better than its past earnings decline of 81% per year.
  • In contrast, the Diversified Metals and Mining industry is expected to see its earnings grow by 7.9% 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
GMEXICO B Grupo México. deMex$197.1511.4%
+Mex$156.6b
92.1%PE19.8x
PE&OLES * Industrias Peñoles. deMex$1.07k12.2%
+Mex$46.1b
262.8%PE26x
MFRISCO A-1 Minera Frisco. deMex$9.312.2%
+Mex$1.2b
156.5%PE60.5x