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Mexican (IPC) Market Analysis & Valuation

UpdatedJul 30, 2025
DataAggregated Company Financials
Companies117
  • 7D2.1%
  • 3M1.3%
  • 1Y2.8%
  • YTD11.0%

The market has climbed 2.8% in the last 7 days, lead by the Consumer Staples sector with a gain of 3.1%. In the last 12 months, the market has been flat. 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
Wed, 30 Jul 2025Mex$9.3tMex$7.7tMex$609.1b12x15.3x1.2x
Fri, 27 Jun 2025Mex$9.3tMex$7.6tMex$601.4b12.2x15.5x1.2x
Sun, 25 May 2025Mex$9.3tMex$7.6tMex$589.7b12.4x15.7x1.2x
Tue, 22 Apr 2025Mex$8.9tMex$7.5tMex$605.5b11.1x14.6x1.2x
Thu, 20 Mar 2025Mex$8.7tMex$7.6tMex$595.8b10.9x14.6x1.2x
Sat, 15 Feb 2025Mex$9.0tMex$7.6tMex$617.3b11.6x14.6x1.2x
Mon, 13 Jan 2025Mex$8.5tMex$7.6tMex$606.6b11.2x14x1.1x
Wed, 11 Dec 2024Mex$8.8tMex$7.5tMex$602.4b11.8x14.6x1.2x
Fri, 08 Nov 2024Mex$8.7tMex$7.4tMex$594.6b11.7x14.6x1.2x
Sun, 06 Oct 2024Mex$9.1tMex$7.3tMex$587.8b12.2x15.5x1.2x
Tue, 03 Sep 2024Mex$9.1tMex$7.4tMex$590.8b11.8x15.4x1.2x
Thu, 01 Aug 2024Mex$9.1tMex$7.3tMex$582.5b12.2x15.6x1.3x
Sat, 29 Jun 2024Mex$9.0tMex$7.1tMex$583.3b13x15.4x1.3x
Mon, 27 May 2024Mex$9.3tMex$7.0tMex$566.4b13.5x16.4x1.3x
Wed, 24 Apr 2024Mex$9.4tMex$7.1tMex$575.3b13.4x16.4x1.3x
Fri, 22 Mar 2024Mex$9.6tMex$7.1tMex$585.0b13.4x16.5x1.4x
Sun, 18 Feb 2024Mex$9.5tMex$7.3tMex$619.1b13.5x15.4x1.3x
Tue, 16 Jan 2024Mex$9.6tMex$7.4tMex$655.9b12.9x14.7x1.3x
Thu, 14 Dec 2023Mex$9.4tMex$7.4tMex$657.9b12.3x14.3x1.3x
Sat, 11 Nov 2023Mex$8.8tMex$7.4tMex$657.4b11.9x13.4x1.2x
Mon, 09 Oct 2023Mex$8.8tMex$7.5tMex$665.8b12.5x13.2x1.2x
Wed, 06 Sep 2023Mex$9.2tMex$7.5tMex$659.5b13x14x1.2x
Fri, 04 Aug 2023Mex$9.3tMex$7.5tMex$661.2b13.3x14x1.2x
Sun, 02 Jul 2023Mex$9.2tMex$7.3tMex$638.3b13.1x14.5x1.3x
Tue, 30 May 2023Mex$9.3tMex$7.3tMex$639.0b13.3x14.5x1.3x
Thu, 27 Apr 2023Mex$9.4tMex$7.3tMex$664.2b12.4x14.2x1.3x
Sat, 25 Mar 2023Mex$9.1tMex$7.2tMex$637.0b12.9x14.3x1.3x
Mon, 20 Feb 2023Mex$9.4tMex$7.2tMex$664.1b11.9x14.2x1.3x
Wed, 18 Jan 2023Mex$9.4tMex$7.2tMex$657.9b11.8x14.3x1.3x
Fri, 16 Dec 2022Mex$8.9tMex$7.3tMex$651.3b11.8x13.7x1.2x
Sun, 13 Nov 2022Mex$9.2tMex$8.3tMex$2.6t11.3x3.6x1.1x
Tue, 11 Oct 2022Mex$8.3tMex$7.2tMex$626.7b10.8x13.3x1.2x
Thu, 08 Sep 2022Mex$8.4tMex$7.2tMex$627.1b11.2x13.3x1.2x
Sat, 06 Aug 2022Mex$8.6tMex$7.2tMex$628.8b11.6x13.6x1.2x
Price to Earnings Ratio

13.6x


Total Market Cap: Mex$8.6tTotal Earnings: Mex$628.8bTotal Revenue: Mex$7.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Market Price to Earnings3Y Average 14.5x202320242025
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 14.5x.
Past Earnings Growth
  • The earnings for Mexican listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 2.1% 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.

Sector Trends

Which sectors have driven the changes within the Mexican Market?

MX Market2.07%
Energy7.79%
Healthcare5.59%
Materials3.54%
Telecom2.66%
Consumer Discretionary2.25%
Consumer Staples2.09%
Financials1.26%
Real Estate0.64%
Industrials0.58%
Utilities-0.41%
Sector PE
  • Investors favour the Utilities sector the most for future growth which is trading above its 3-year average PE ratio.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Energy sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 8.4x.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 20% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 2.4% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
WALMEX * Wal-Mart de México. deMex$56.654.8%
+Mex$43.7b
-8.6%PE19xConsumer Staples
GMEXICO B Grupo México. deMex$123.573.9%
+Mex$35.7b
17.7%PE13.2xMaterials
AMX B América Móvil. deMex$17.093.2%
+Mex$31.8b
9.8%PE20xTelecom
BIMBO A Grupo Bimbo. deMex$56.5011.4%
+Mex$23.7b
-13.3%PE20.8xConsumer Staples
CEMEX CPO CEMEX. deMex$16.149.4%
+Mex$20.5b
34.1%PE14xMaterials
See more

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