There’s Reason For Concern Over Grupo México, S.A.B. de C.V.’s (BMV:GMEXICOB) Price
With a median price-to-earnings (or “P/E”) ratio of close to 12x in Mexico, you could be forgiven for feeling indifferent about Grupo México, S.A.B. de C.V.’s (BMV:GMEXICOB) P/E ratio of 13.1x. While this might not raise any eyebrows, if the P/E ratio is not justified investors could be missing out on a potential opportunity or ignoring looming disappointment.
Recent times have been advantageous for Grupo México. de as its earnings have been rising faster than most other companies. It might be that many expect the…
