Fomento Económico Mexicano, S.A.B. de C.V.FMX

Where FMX's P/B sits inside its own 10-year distribution, with the yearly high, low and average.

$116.95-0.62 (-0.53%)Previous close
NYSEConsumer Defensive

FMX P/B: current value, 10-year range and year-by-year history

2.3Near historic high

FMX's p/b is higher than 95% of the last 10 years.

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
FMX P/B historyFMX P/B from Sep 2023 to Sep 2026: low 0.08, high 2.69, latest 2.32.-0.130.631.392.152.9Sep 23Apr 24Nov 24Jul 25Feb 26Sep 26med 1.73

FMX P/B by year

Yearly range of FMX’s p/b from 2016 to 2026. Over the full period it ranged from 0.1 to 2.7, averaging 0.4.

FMX P/B — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20261.82.32.72.3
20251.51.82.11.9
20240.10.11.61.6
20230.10.10.20.2
20220.10.10.10.1
20210.10.10.10.1
20200.10.10.10.1
20190.10.10.10.1
20180.10.10.10.1
20170.10.10.10.1
20160.10.10.20.1

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How much the market pays relative to the company's accounting net worth (assets minus liabilities). P/B < 1 means the market values the company below what the books say it owns.

FormulaPrice / Book Value Per Share
Full guide
How to read this chart

Most useful for asset-heavy businesses: banks, insurers, REITs. A P/B near its historical low suggests the market is paying unusually little for the net assets.

Key caveats
  • Goodwill and intangibles from acquisitions can inflate book value significantly — some analysts prefer tangible book value.
  • Low P/B in technology or software companies is usually irrelevant: their value is in IP and people, not balance sheet assets.

Is FMX P/B High or Low Right Now?

Fomento Económico Mexicano, S.A.B. de C.V.'s P/B is currently 2.3, which is near historic high relative to its 10-year historical range. The 10-year median P/B for FMX is approximately 0.1. See all FMX valuation metrics →

Pro — up to 30-year history

Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.