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Mexican (IPC) Market Analysis & Valuation

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies124
  • 7D-1.5%
  • 3M7.5%
  • 1Y17.6%
  • YTD19.7%

Over the last 7 days, the market has dropped 1.5%, driven by pullbacks in the Consumer Staples and Materials sectors of 1.8% and 2.3%, respectively. In the last year, the market is actually up 18%. Looking forward, earnings are forecast to grow by 12% annually.

Market Valuation and Performance

Has the Mexican Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Nov 2025Mex$10.2tMex$8.0tMex$659.8b12.1x15.4x1.3x
Tue, 14 Oct 2025Mex$9.9tMex$7.9tMex$623.9b11.8x15.8x1.2x
Thu, 11 Sep 2025Mex$9.6tMex$7.8tMex$615.9b12.2x15.6x1.2x
Sat, 09 Aug 2025Mex$9.3tMex$7.8tMex$617.5b11.9x15.1x1.2x
Mon, 07 Jul 2025Mex$9.3tMex$7.6tMex$600.0b12.2x15.6x1.2x
Wed, 04 Jun 2025Mex$9.2tMex$7.6tMex$590.6b12.3x15.6x1.2x
Fri, 02 May 2025Mex$9.1tMex$7.6tMex$603.3b11.2x15.2x1.2x
Sun, 30 Mar 2025Mex$8.6tMex$7.6tMex$609.5b10.6x14.2x1.1x
Tue, 25 Feb 2025Mex$8.9tMex$7.6tMex$624.8b12.3x14.3x1.2x
Thu, 23 Jan 2025Mex$8.6tMex$7.6tMex$613.9b11.4x14x1.1x
Sat, 21 Dec 2024Mex$8.5tMex$7.5tMex$610.0b11.7x14x1.1x
Mon, 18 Nov 2024Mex$8.5tMex$7.4tMex$602.5b11.6x14.1x1.1x
Wed, 16 Oct 2024Mex$9.1tMex$7.4tMex$589.4b12x15.4x1.2x
Fri, 13 Sep 2024Mex$8.9tMex$7.4tMex$589.0b11.8x15.2x1.2x
Sun, 11 Aug 2024Mex$9.1tMex$7.3tMex$585.7b11.4x15.5x1.2x
Tue, 09 Jul 2024Mex$9.0tMex$7.1tMex$582.5b12.6x15.4x1.3x
Thu, 06 Jun 2024Mex$8.9tMex$7.1tMex$565.6b13.1x15.7x1.3x
Sat, 04 May 2024Mex$9.4tMex$7.1tMex$569.2b12.9x16.5x1.3x
Mon, 01 Apr 2024Mex$9.6tMex$7.1tMex$580.7b13.7x16.5x1.4x
Wed, 28 Feb 2024Mex$9.6tMex$7.2tMex$583.4b13.5x16.5x1.3x
Fri, 26 Jan 2024Mex$9.6tMex$7.4tMex$662.0b12.9x14.4x1.3x
Sun, 24 Dec 2023Mex$9.8tMex$7.4tMex$656.4b13.2x15x1.3x
Tue, 21 Nov 2023Mex$9.0tMex$7.4tMex$657.0b11.7x13.7x1.2x
Thu, 19 Oct 2023Mex$8.8tMex$7.5tMex$672.0b12.5x13x1.2x
Sat, 16 Sep 2023Mex$9.1tMex$7.4tMex$659.2b12.7x13.7x1.2x
Mon, 14 Aug 2023Mex$9.2tMex$7.4tMex$654.4b13.2x14.1x1.2x
Wed, 12 Jul 2023Mex$9.2tMex$7.3tMex$636.1b13.7x14.5x1.3x
Fri, 09 Jun 2023Mex$9.3tMex$7.3tMex$638.8b13.3x14.6x1.3x
Sun, 07 May 2023Mex$9.5tMex$7.4tMex$668.4b13.2x14.2x1.3x
Tue, 04 Apr 2023Mex$9.5tMex$7.2tMex$660.9b12x14.4x1.3x
Thu, 02 Mar 2023Mex$9.4tMex$7.3tMex$678.8b11.3x13.9x1.3x
Sat, 28 Jan 2023Mex$9.7tMex$7.2tMex$663.8b12x14.6x1.3x
Mon, 26 Dec 2022Mex$9.1tMex$7.3tMex$649.0b11.7x14x1.2x
Wed, 23 Nov 2022Mex$9.2tMex$7.3tMex$649.6b11.5x14.2x1.3x
Price to Earnings Ratio

14.2x


Total Market Cap: Mex$9.2tTotal Earnings: Mex$649.6bTotal Revenue: Mex$7.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Market Price to Earnings3Y Average 14.8x202320242025
Current Market PE
  • Investors are relatively neutral on the Mexican market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 14.8x.
Past Earnings Growth
  • The earnings for Mexican listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 2.9% 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.

Sector Trends

Which sectors have driven the changes within the Mexican Market?

MX Market-1.51%
Energy4.54%
Consumer Discretionary2.44%
Utilities-0.055%
Healthcare-1.14%
Telecom-1.19%
Real Estate-1.24%
Financials-1.44%
Industrials-1.51%
Consumer Staples-1.80%
Materials-2.26%
Sector PE
  • Investors favour the Telecom sector the most for future growth even though it's trading below its 3-year average PE ratio of 25.6x.
    • Analysts are expecting annual earnings growth of 19.0%, which is lower than the prior year's growth of 42.1% per year.
  • The Utilities sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • In contrast, the Energy industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
LIVEPOL C-1 El Puerto de Liverpool. deMex$96.637.0%
+Mex$8.4b		-8.5%PE6.7xConsumer Discretionary
VISTA A Vista Energy. deMex$915.004.5%
+Mex$4.1b		-9.2%PE7.2xEnergy
GAP B Grupo Aeroportuario del Pacífico. deMex$405.711.8%
+Mex$3.7b		9.6%PE20.7xIndustrials
KIMBER A Kimberly-Clark de México S. A. B. de C. VMex$37.153.2%
+Mex$3.4b		31.3%PE15.6xConsumer Staples
SORIANA B Organización Soriana S. A. B. de C. VMex$27.396.4%
+Mex$3.0b		-4.7%PE12.8xConsumer Staples
See more

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7D
1.6%
1Y
7.0%
KIMBER A
Mex$37.15
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GFNORTE O
Mex$175.08
Grupo Financiero Banorte. de
7D
-1.6%
1Y
24.9%
WALMEX *
Mex$61.95
Wal-Mart de México. de
7D
-1.0%
1Y
12.6%
BIMBO A
Mex$60.12
Grupo Bimbo. de
7D
-7.9%
1Y
-4.6%
FEMSA UBD
Mex$172.01
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7D
-2.7%
1Y
-6.4%

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Mex$18.31
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7D
7.1%
1Y
2.7%

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AMX B
Mex$21.21
América Móvil. de
7D
-1.0%
1Y
37.3%

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Mex$154.75
Grupo México. de
7D
-3.1%
1Y
52.6%

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El Puerto de Liverpool. de
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7.0%
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GAP B
Mex$405.71
Grupo Aeroportuario del Pacífico. de
7D
1.8%
1Y
9.6%
VISTA A
Mex$915.00
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7D
4.5%
1Y
-9.2%

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SORIANA B
Mex$27.39
Organización Soriana S. A. B. de C. V
7D
6.4%
1Y
-4.7%
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Mex$72.88
Grupo Herdez. de
7D
4.4%
1Y
42.0%
GFINBUR O
Mex$42.88
Grupo Financiero Inbursa. de
7D
-2.8%
1Y
-3.8%