RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Grupo Financiero Banorte SAB de CV Stock

Grupo Financiero Banorte SAB de CV P/E 2024

Grupo Financiero Banorte SAB de CV P/E

7.08

Ticker

GFNORTEO.MX

ISIN

MXP370711014

WKN

907669

As of Dec 12, 2024, Grupo Financiero Banorte SAB de CV's P/E ratio was 7.08, a -9% change from the 7.78 P/E ratio recorded in the previous year.

The Grupo Financiero Banorte SAB de CV P/E history

Grupo Financiero Banorte SAB de CV Aktienanalyse

What does Grupo Financiero Banorte SAB de CV do?

Grupo Financiero Banorte SAB de CV is a Mexican financial company that was founded in 1899 under the name Banco Mercantil de Monterrey. It is headquartered in Monterrey and has become one of the largest banks in Mexico. Banorte's business model is based on providing financial services such as banking services, insurance, and investment products to individuals and businesses. The company is one of the few financial companies in Mexico that can offer the full range of financial services, from banking to insurance and pension funds. Banorte operates various business divisions, including Banorte MX, Banorte USA, and Banorte Securities. The Banorte MX division is the main division of Banorte and offers a variety of banking products and services, such as credit cards, checking accounts, savings and investment accounts, mortgages, car loans, and online banking services. Banorte USA mainly provides banking services to the Mexican community in the United States, while Banorte Securities specializes in investment banking and stock market services. Banorte also has several insurance companies in its portfolio, including Seguros Banorte, one of the largest providers of car insurance in Mexico. In addition, Banorte offers retirement and contribution plans to assist customers with retirement planning and financial planning. Banorte has invested significantly in technological infrastructure in recent years to enhance the customer experience. The company has improved its online banking portal and introduced a mobile app for customers to conduct financial transactions through their smartphones. Banorte also has a strong presence in the area of social responsibility. The company has a foundation dedicated to supporting education and social projects in Mexico. Banorte has also launched a program to support micro-financed businesses that have difficulty obtaining loans from traditional banks. In summary, Banorte offers a wide range of financial services and has a strong focus on technology and social responsibility. The company has solidified its position as one of Mexico's largest financial service providers and is expected to continue playing a significant role in the Mexican financial sector. Grupo Financiero Banorte SAB de CV ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Grupo Financiero Banorte SAB de CV's P/E Ratio

The Price to Earnings (P/E) Ratio of Grupo Financiero Banorte SAB de CV is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Grupo Financiero Banorte SAB de CV's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Grupo Financiero Banorte SAB de CV is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Grupo Financiero Banorte SAB de CV’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Grupo Financiero Banorte SAB de CV stock

What is the price-to-earnings ratio of Grupo Financiero Banorte SAB de CV?

The price-earnings ratio of Grupo Financiero Banorte SAB de CV is currently 7.08.

How has the price-earnings ratio of Grupo Financiero Banorte SAB de CV changed compared to last year?

The price-to-earnings ratio of Grupo Financiero Banorte SAB de CV has increased by -9% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Grupo Financiero Banorte SAB de CV high compared to other companies?

Yes, the price-to-earnings ratio of Grupo Financiero Banorte SAB de CV is high compared to other companies.

How does an increase in the price-earnings ratio of Grupo Financiero Banorte SAB de CV affect the company?

An increase in the price-earnings ratio of Grupo Financiero Banorte SAB de CV would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Grupo Financiero Banorte SAB de CV affect the company?

A decrease in the price-earnings ratio of Grupo Financiero Banorte SAB de CV would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Grupo Financiero Banorte SAB de CV?

Some factors that influence the price-earnings ratio of Grupo Financiero Banorte SAB de CV are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Grupo Financiero Banorte SAB de CV pay?

Over the past 12 months, Grupo Financiero Banorte SAB de CV paid a dividend of 13.08 MXN . This corresponds to a dividend yield of about 9.37 %. For the coming 12 months, Grupo Financiero Banorte SAB de CV is expected to pay a dividend of 13.95 MXN.

What is the dividend yield of Grupo Financiero Banorte SAB de CV?

The current dividend yield of Grupo Financiero Banorte SAB de CV is 9.37 %.

When does Grupo Financiero Banorte SAB de CV pay dividends?

Grupo Financiero Banorte SAB de CV pays a quarterly dividend. This is distributed in the months of July, November, July, July.

How secure is the dividend of Grupo Financiero Banorte SAB de CV?

Grupo Financiero Banorte SAB de CV paid dividends every year for the past 6 years.

What is the dividend of Grupo Financiero Banorte SAB de CV?

For the upcoming 12 months, dividends amounting to 13.95 MXN are expected. This corresponds to a dividend yield of 9.99 %.

In which sector is Grupo Financiero Banorte SAB de CV located?

Grupo Financiero Banorte SAB de CV is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Grupo Financiero Banorte SAB de CV kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Grupo Financiero Banorte SAB de CV from 6/28/2024 amounting to 9.089 MXN, you needed to have the stock in your portfolio before the ex-date on 6/27/2024.

When did Grupo Financiero Banorte SAB de CV pay the last dividend?

The last dividend was paid out on 6/28/2024.

What was the dividend of Grupo Financiero Banorte SAB de CV in the year 2023?

In the year 2023, Grupo Financiero Banorte SAB de CV distributed 11.89 MXN as dividends.

In which currency does Grupo Financiero Banorte SAB de CV pay out the dividend?

The dividends of Grupo Financiero Banorte SAB de CV are distributed in MXN.

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Andere Kennzahlen von Grupo Financiero Banorte SAB de CV

Our stock analysis for Grupo Financiero Banorte SAB de CV Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Grupo Financiero Banorte SAB de CV Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.