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Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Price-to-Tangible-Book : 21.76 (As of Apr. 25, 2024)


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What is Fomento Economico MexicanoB de CV Price-to-Tangible-Book?

As of today (2024-04-25), Fomento Economico MexicanoB de CV's share price is $115.11. Fomento Economico MexicanoB de CV's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $5.29. Hence, Fomento Economico MexicanoB de CV's Price to Tangible Book Ratio of today is 21.76.

The historical rank and industry rank for Fomento Economico MexicanoB de CV's Price-to-Tangible-Book or its related term are showing as below:

FMX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.12   Med: 9.13   Max: 13.67
Current: 2.95

During the past 13 years, Fomento Economico MexicanoB de CV's highest Price to Tangible Book Ratio was 13.67. The lowest was 2.12. And the median was 9.13.

FMX's Price-to-Tangible-Book is ranked worse than
64.2% of 176 companies
in the Beverages - Alcoholic industry
Industry Median: 2.195 vs FMX: 2.95

A closely related ratio is called PB Ratio. As of today, Fomento Economico MexicanoB de CV's share price is $115.11. Fomento Economico MexicanoB de CV's Book Value per Sharefor the quarter that ended in Dec. 2023 was $10.01. Hence, Fomento Economico MexicanoB de CV's P/B Ratio of today is 11.50.


Fomento Economico MexicanoB de CV Price-to-Tangible-Book Historical Data

The historical data trend for Fomento Economico MexicanoB de CV's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fomento Economico MexicanoB de CV Price-to-Tangible-Book Chart

Fomento Economico MexicanoB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.25 32.79 27.30 37.94 24.64

Fomento Economico MexicanoB de CV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.94 15.18 16.78 23.05 24.64

Competitive Comparison of Fomento Economico MexicanoB de CV's Price-to-Tangible-Book

For the Beverages - Brewers subindustry, Fomento Economico MexicanoB de CV's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fomento Economico MexicanoB de CV's Price-to-Tangible-Book Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fomento Economico MexicanoB de CV's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Fomento Economico MexicanoB de CV's Price-to-Tangible-Book falls into.



Fomento Economico MexicanoB de CV Price-to-Tangible-Book Calculation

Fomento Economico MexicanoB de CV's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=115.11/5.29
=21.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Fomento Economico MexicanoB de CV Price-to-Tangible-Book Related Terms

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Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Business Description

Address
General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, NL, MEX, 64410
Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm has digested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 70% of total company revenue and around 75% of profits in 2022.