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Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Shiller PE Ratio

: 85.86 (As of Today)
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As of today (2024-04-23), Fomento Economico MexicanoB de CV's current share price is $118.48. Fomento Economico MexicanoB de CV's E10 for the quarter that ended in Sep. 2023 was $1.38. Fomento Economico MexicanoB de CV's Shiller PE Ratio for today is 85.86.

The historical rank and industry rank for Fomento Economico MexicanoB de CV's Shiller PE Ratio or its related term are showing as below:

FMX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.91   Med: 52.81   Max: 241.9
Current: 109.7

During the past years, Fomento Economico MexicanoB de CV's highest Shiller PE Ratio was 241.90. The lowest was 2.91. And the median was 52.81.

FMX's Shiller PE Ratio is ranked worse than
96.21% of 132 companies
in the Beverages - Alcoholic industry
Industry Median: 23.115 vs FMX: 109.70

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Fomento Economico MexicanoB de CV's adjusted earnings per share data for the three months ended in Sep. 2023 was $0.313. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.38 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fomento Economico MexicanoB de CV Shiller PE Ratio Historical Data

The historical data trend for Fomento Economico MexicanoB de CV's Shiller PE Ratio 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.30 177.23 157.45 59.01 -

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
Shiller PE Ratio 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 59.01 43.14 57.82 78.99 -

Competitive Comparison

For the Beverages - Brewers subindustry, Fomento Economico MexicanoB de CV's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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 Shiller PE Ratio Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fomento Economico MexicanoB de CV's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fomento Economico MexicanoB de CV's Shiller PE Ratio falls into.



Fomento Economico MexicanoB de CV Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Fomento Economico MexicanoB de CV's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=118.48/1.38
=85.86

* 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.

Fomento Economico MexicanoB de CV's E10 for the quarter that ended in Sep. 2023 is calculated as:

For example, Fomento Economico MexicanoB de CV's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.313/148.4463*148.4463
=0.313

Current CPI (Sep. 2023) = 148.4463.

Fomento Economico MexicanoB de CV Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 0.213 95.568 0.331
201403 0.106 96.932 0.162
201406 0.130 96.609 0.200
201409 0.200 97.652 0.304
201412 0.126 99.469 0.188
201503 0.115 99.973 0.171
201506 0.138 99.382 0.206
201509 0.165 100.112 0.245
201512 0.177 101.588 0.259
201603 0.097 102.573 0.140
201606 0.147 101.905 0.214
201609 0.193 103.084 0.278
201612 0.181 105.002 0.256
201703 0.098 108.063 0.135
201706 0.144 108.339 0.197
201709 0.999 109.628 1.353
201712 0.052 112.114 0.069
201803 -0.008 113.505 -0.010
201806 0.300 113.373 0.393
201809 0.131 115.130 0.169
201812 0.302 117.530 0.381
201903 0.064 118.050 0.080
201906 0.186 117.848 0.234
201909 0.206 118.581 0.258
201912 0.142 120.854 0.174
202003 0.186 121.885 0.227
202006 -0.283 121.777 -0.345
202009 0.082 123.341 0.099
202012 -0.035 124.661 -0.042
202103 0.125 127.574 0.145
202106 0.087 128.936 0.100
202109 0.384 130.742 0.436
202112 0.183 133.830 0.203
202203 0.112 137.082 0.121
202206 0.145 139.233 0.155
202209 0.299 142.116 0.312
202212 0.138 144.291 0.142
202303 1.491 146.472 1.511
202306 0.201 146.272 0.204
202309 0.313 148.446 0.313

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Fomento Economico MexicanoB de CV  (NYSE:FMX) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Fomento Economico MexicanoB de CV Shiller PE Ratio 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.

Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Headlines