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Mexican (IPC) Market Analysis & Valuation

UpdatedAug 15, 2025
DataAggregated Company Financials
Companies119
  • 7D-0.2%
  • 3M-0.7%
  • 1Y1.9%
  • YTD11.0%

In the last week, the market has been flat, with a notable exception in the Energy sector dropping 7.6%. Similarly, the market is flat for the past 12 months. 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
Sat, 16 Aug 2025Mex$9.3tMex$7.8tMex$618.9b12x15.1x1.2x
Mon, 14 Jul 2025Mex$9.2tMex$7.6tMex$601.8b12.1x15.3x1.2x
Wed, 11 Jun 2025Mex$9.2tMex$7.6tMex$588.7b12.3x15.7x1.2x
Fri, 09 May 2025Mex$9.3tMex$7.6tMex$604.4b11.3x15.3x1.2x
Sun, 06 Apr 2025Mex$8.4tMex$7.6tMex$610.1b10.5x13.8x1.1x
Tue, 04 Mar 2025Mex$8.6tMex$7.6tMex$599.5b10.9x14.3x1.1x
Thu, 30 Jan 2025Mex$8.7tMex$7.6tMex$614.7b11.6x14.1x1.1x
Sat, 28 Dec 2024Mex$8.5tMex$7.6tMex$611.6b11.6x13.9x1.1x
Mon, 25 Nov 2024Mex$8.5tMex$7.4tMex$603.0b11.7x14.1x1.1x
Wed, 23 Oct 2024Mex$9.2tMex$7.4tMex$597.2b12.1x15.3x1.2x
Fri, 20 Sep 2024Mex$9.1tMex$7.4tMex$588.0b11.9x15.5x1.2x
Sun, 18 Aug 2024Mex$9.2tMex$7.3tMex$585.1b11.7x15.8x1.3x
Tue, 16 Jul 2024Mex$9.4tMex$7.1tMex$583.4b13.6x16.1x1.3x
Thu, 13 Jun 2024Mex$9.0tMex$7.1tMex$578.4b12.9x15.5x1.3x
Sat, 11 May 2024Mex$9.7tMex$7.0tMex$568.8b13.7x17.1x1.4x
Mon, 08 Apr 2024Mex$9.6tMex$7.1tMex$580.1b13.7x16.6x1.4x
Wed, 06 Mar 2024Mex$9.5tMex$7.1tMex$585.3b13.5x16.2x1.3x
Fri, 02 Feb 2024Mex$9.9tMex$7.4tMex$656.5b13.7x15x1.3x
Sun, 31 Dec 2023Mex$9.9tMex$7.4tMex$656.4b13.5x15.1x1.3x
Tue, 28 Nov 2023Mex$9.1tMex$7.4tMex$657.5b11.9x13.8x1.2x
Thu, 26 Oct 2023Mex$8.6tMex$7.5tMex$655.8b11.9x13.1x1.2x
Sat, 23 Sep 2023Mex$9.1tMex$7.5tMex$659.5b12.8x13.8x1.2x
Mon, 21 Aug 2023Mex$9.2tMex$7.4tMex$654.5b12.9x14.1x1.2x
Wed, 19 Jul 2023Mex$9.2tMex$7.3tMex$646.0b12.9x14.3x1.3x
Fri, 16 Jun 2023Mex$9.4tMex$7.3tMex$638.3b13.4x14.7x1.3x
Sun, 14 May 2023Mex$9.6tMex$7.4tMex$667.3b13.2x14.3x1.3x
Tue, 11 Apr 2023Mex$9.4tMex$7.3tMex$662.1b12x14.3x1.3x
Thu, 09 Mar 2023Mex$9.4tMex$7.3tMex$661.8b11.5x14.2x1.3x
Sat, 04 Feb 2023Mex$9.5tMex$7.2tMex$672.8b11.7x14.2x1.3x
Mon, 02 Jan 2023Mex$8.8tMex$7.2tMex$663.1b11.8x13.2x1.2x
Wed, 30 Nov 2022Mex$9.0tMex$7.3tMex$648.3b11.3x13.9x1.2x
Fri, 28 Oct 2022Mex$8.9tMex$7.2tMex$646.5b11.2x13.7x1.2x
Sun, 25 Sep 2022Mex$8.4tMex$7.2tMex$627.8b10.8x13.3x1.2x
Tue, 23 Aug 2022Mex$8.7tMex$7.2tMex$627.4b11.4x13.9x1.2x
Price to Earnings Ratio

13.9x


Total Market Cap: Mex$8.7tTotal Earnings: Mex$627.4bTotal 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 2.5% 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-0.17%
Materials1.14%
Telecom0.051%
Industrials-0.062%
Utilities-0.098%
Consumer Discretionary-0.24%
Financials-0.40%
Real Estate-0.59%
Consumer Staples-0.65%
Healthcare-1.50%
Energy-7.62%
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 8.5x.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings growth rate of 6.4% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 3.6% 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
GMEXICO B Grupo México. deMex$127.693.6%
+Mex$34.3b		18.5%PE13.6xMaterials
GAP B Grupo Aeroportuario del Pacífico. deMex$461.182.9%
+Mex$6.6b		48.1%PE25.2xIndustrials
BIMBO A Grupo Bimbo. deMex$56.232.8%
+Mex$6.5b		-19.3%PE20.7xConsumer Staples
ASUR B Grupo Aeroportuario del Sureste S. A. B. de C. VMex$600.213.4%
+Mex$5.9b		13.9%PE14.5xIndustrials
PINFRA * Promotora y Operadora de Infraestructura S. A. B. de C. VMex$241.472.6%
+Mex$2.7b		32.7%PE11.3xIndustrials
See more

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