Grupo Financiero Banorte, S.A.B. de C.V., through its subsidiaries, provides banking and financial products and services in Mexico. The company offers payroll accounts and credit cards; car, mortgage, payroll, and personal credit banorte; and savings and investment products. It also provides insurance products, including life, home, auto, health, savings, credit card, mobile equipment, and mortgage credit insurance; foreign exchange services; and online and mobile banking services. The company operates through a network of approximately 1,151 branches, 9,668 ATMs, and 154,443 point of sale terminals. Grupo Financiero Banorte, S.A.B. de C.V. was founded in 1899 and is based in Mexico City, Mexico.
P/E ratio for Grupo Financiero Banorte, S.A.B. de C.V. (GFNORTEO.MX)
P/E ratio as of 2024: 6.72
According to Grupo Financiero Banorte, S.A.B. de C.V.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.72. At the end of 2023 the company had a P/E ratio of 9.35.
P/E ratio history for Grupo Financiero Banorte, S.A.B. de C.V. from 2005 to 2024
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2024 | 6.72 |
| 2023 | 9.35 |
| 2022 | 8.82 |
| 2021 | 10.88 |
| 2020 | 10.27 |
| 2019 | 8.24 |
| 2018 | 8.52 |
| 2017 | 12.35 |
| 2016 | 14.59 |
| 2015 | 15.34 |
| 2014 | 14.78 |
| 2013 | 16.97 |
| 2012 | 17.83 |
| 2011 | 9.93 |
| 2010 | 17.47 |
| 2009 | 15.60 |
| 2008 | 6.79 |
| 2007 | 12.74 |
| 2006 | 13.93 |
| 2005 | 2.46 |