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FMX logoFomento Económico Mexicano, S.A.B. de C.V. (FMX) P/E Ratio History

Historical price-to-earnings valuation from 2010 to 2025

Current P/E
4.4
Overvalued
5Y Avg P/E
1.3
+243% vs avg
PE Percentile
95%
High
PEG Ratio
N/A
N/A
TTM EPS$580.43
Price$119.91
5Y PE Range0.1 - 23.0
Earnings Yield22.93%

Loading P/E history...

FMX Valuation Context

How does the current P/E compare to historical and market benchmarks?

vs. 5Y Average
4.4vs1.3
+243%
Premium vs History
vs. Consumer Defensive
4.4vs19.4
-77%
Below Sector
vs. S&P 500
4.4vs25.1
-83%
Below Market
PEG Analysis
N/A
P/E ÷ EPS Growth
Based on -96% EPS growth (1Y)
Export Data

P/E Ratio Analysis

As of May 8, 2026, Fomento Económico Mexicano, S.A.B. de C.V. (FMX) trades at a price-to-earnings ratio of 4.4x, with a stock price of $119.91 and trailing twelve-month earnings per share of $580.43.

The current P/E is 243% above its 5-year average of 1.3x. Over the past five years, FMX's P/E has ranged from a low of 0.1x to a high of 23.0x, placing the current valuation at the 95th percentile of its historical range.

Compared to the Consumer Defensive sector median P/E of 19.4x, FMX trades at a 77% discount to its sector peers. The sector includes 149 companies with P/E ratios ranging from 0.0x to 195.7x.

Relative to the broader market, FMX trades at a notable discount to the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.

For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our FMX DCF Valuation Calculator →

Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.

FMX P/E vs Peers

P/E ratio compared to closely matched public peers

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
KO logoKOThe Coca-Cola Company
$338B25.82.31+24%
PEP logoPEPPepsiCo, Inc.
$214B26.07.98-14%
CCEP logoCCEPCoca-Cola Europacific Partners PLC
$42B19.50.64Best+33%
COKE logoCOKECoca-Cola Consolidated, Inc.
$15B26.10.87-3%
KDP logoKDPKeurig Dr Pepper Inc.
$39B18.6Lowest1.78+46%
MNST logoMNSTMonster Beverage Corporation
$74B39.24.89+30%
BUD logoBUDAnheuser-Busch InBev SA/NV
$138B28.1-+10%
SAM logoSAMThe Boston Beer Company, Inc.
$2B20.5-+95%Best
CELH logoCELHCelsius Holdings, Inc.
$9B137.02.93-44%

Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.

FMX Historical P/E Data (2010–2025)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterDatePriceTTM EPSP/E Ratiovs Avg
FY2025 Q4Wed Dec 31 2025 00:00:00 GM$101.07$579.900.2x-79%
FY2025 Q3$98.63$536.000.2x-77%
FY2025 Q2Mon Jun 30 2025 00:00:00 GM$102.98$637.000.2x-80%
FY2025 Q1Mon Mar 31 2025 00:00:00 GM$97.58$932.000.1x-87%
FY2024 Q4$85.49$824.100.1x-87%
FY2024 Q3Mon Sep 30 2024 00:00:00 GM$98.71$668.800.1x-82%
FY2024 Q2Sun Jun 30 2024 00:00:00 GM$107.65$778.100.1x-83%
FY2024 Q1Sun Mar 31 2024 00:00:00 GM$130.27$571.300.2x-72%
FY2023 Q4Sun Dec 31 2023 00:00:00 GM$130.35$1797.200.1x-91%
FY2023 Q3Sat Sep 30 2023 00:00:00 GM$109.15$1859.100.1x-93%
FY2023 Q2Fri Jun 30 2023 00:00:00 GM$110.84$1877.800.1x-93%
FY2023 Q1Fri Mar 31 2023 00:00:00 GM$95.19$1857.600.1x-94%

Average P/E for displayed period: 0.8x

See FMX's True Return

Price is only half the story. See total return with reinvested dividends.

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Is FMX Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare FMX vs WMT

Side-by-side business, growth, and profitability comparison vs Walmart Inc..

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FMX — Frequently Asked Questions

Quick answers to the most common questions about buying FMX stock.

Is FMX stock overvalued or undervalued?

FMX trades at 4.4x P/E, above its 5-year average of 1.3x. The 95th percentile ranking indicates a premium to historical valuation.

How does FMX's valuation compare to peers?

Fomento Económico Mexicano, S.A.B. de C.V. P/E of 4.4x compares to sector median of 19.4x. The discount suggests lower growth expectations or higher risk.

What is FMX's PEG ratio?

FMX PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2010-2025.

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FMX P/E Ratio History (2010–2025)

P/E ratio calculated as closing price divided by trailing 12-month diluted EPS at each quarter end.