Grupo Financiero Banorte S.A.B. de C.V (MX:GFNORTEO) — Market Cap & Net Worth
Market Cap & Net Worth: Grupo Financiero Banorte S.A.B. de C.V (GFNORTEO)
Grupo Financiero Banorte S.A.B. de C.V (MX:GFNORTEO) has a market capitalization of $31.18 Billion (MX$541.78 Billion) as of September 18, 2026. Listed on the MX stock exchange, this Mexico-based company holds position #878 globally and #23 in its home market, demonstrating a -0.22% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Grupo Financiero Banorte S.A.B. de C.V's stock price MX$195.26 by its total outstanding shares 2774660273 (2.77 Billion). Also see GFNORTEO total asset value for a full breakdown of the balance sheet.
Grupo Financiero Banorte S.A.B. de C.V Market Cap History: 2015 to 2026
Grupo Financiero Banorte S.A.B. de C.V's market capitalization history from 2015 to 2026. Data shows growth from $9.94 Billion to $31.18 Billion (11.84% CAGR). Also see Grupo Financiero Banorte S.A.B. de C.V cash conversion from operations for how efficiently the company converts equity into cash flow.
Grupo Financiero Banorte S.A.B. de C.V Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Grupo Financiero Banorte S.A.B. de C.V's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check GFNORTEO stock price and chart for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
0.11x
Grupo Financiero Banorte S.A.B. de C.V's market cap is 0.11 times its annual revenue
Latest Price to Earnings (P/E) Ratio
0.45x
Grupo Financiero Banorte S.A.B. de C.V's market cap is 0.45 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $10.85 Billion | $90.22 Billion | $19.31 Billion | 0.12x | 0.56x |
| 2017 | $11.88 Billion | $110.53 Billion | $23.91 Billion | 0.11x | 0.50x |
| 2018 | $10.90 Billion | $129.90 Billion | $31.96 Billion | 0.08x | 0.34x |
| 2019 | $12.68 Billion | $138.05 Billion | $36.53 Billion | 0.09x | 0.35x |
| 2020 | $13.19 Billion | $143.66 Billion | $30.51 Billion | 0.09x | 0.43x |
| 2021 | $16.72 Billion | $160.97 Billion | $35.05 Billion | 0.10x | 0.48x |
| 2022 | $19.16 Billion | $179.54 Billion | $45.41 Billion | 0.11x | 0.42x |
| 2023 | $25.61 Billion | $196.70 Billion | $52.42 Billion | 0.13x | 0.49x |
| 2024 | $21.45 Billion | $219.38 Billion | $56.19 Billion | 0.10x | 0.38x |
| 2025 | $26.64 Billion | $247.47 Billion | $58.79 Billion | 0.11x | 0.45x |
Competitor Companies of GFNORTEO by Market Capitalization
Companies near Grupo Financiero Banorte S.A.B. de C.V in the global market cap rankings as of September 18, 2026. Review GFNORTEO goodwill-adjusted equity ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Grupo Financiero Banorte S.A.B. de C.V by market ranking:
- Mizuho Financial Group Inc. (NYSE:MFG): Ranked #186 globally with a market cap of $130.47 Billion USD.
- China Merchants Bank Co Ltd (SHG:600036): Ranked #200 globally with a market cap of $123.52 Billion USD ( CN¥844.14 Billion CNY).
- BNP Paribas SA (PA:BNP): Ranked #203 globally with a market cap of $122.45 Billion USD ( €104.73 Billion EUR).
- UNICREDIT S.P.A. ADR (F:CRIP): Ranked #221 globally with a market cap of $112.81 Billion USD ( €96.49 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #186 | Mizuho Financial Group Inc. | NYSE:MFG | $130.47 Billion | $10.93 |
| #200 | China Merchants Bank Co Ltd | SHG:600036 | $123.52 Billion | CN¥40.92 |
| #203 | BNP Paribas SA | PA:BNP | $122.45 Billion | €102.32 |
| #221 | UNICREDIT S.P.A. ADR | F:CRIP | $112.81 Billion | €32.20 |
Grupo Financiero Banorte S.A.B. de C.V Historical Marketcap From 2015 to 2026
Between 2015 and today, Grupo Financiero Banorte S.A.B. de C.V's market cap moved from $9.94 Billion to $ 31.18 Billion, with a yearly change of 11.84%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | MX$31.18 Billion | +17.03% |
| 2025 | MX$26.64 Billion | +24.17% |
| 2024 | MX$21.45 Billion | -16.21% |
| 2023 | MX$25.61 Billion | +33.68% |
| 2022 | MX$19.16 Billion | +14.60% |
| 2021 | MX$16.72 Billion | +26.72% |
| 2020 | MX$13.19 Billion | +4.05% |
| 2019 | MX$12.68 Billion | +16.32% |
| 2018 | MX$10.90 Billion | -8.23% |
| 2017 | MX$11.88 Billion | +9.41% |
| 2016 | MX$10.85 Billion | +9.24% |
| 2015 | MX$9.94 Billion | -- |
End of Day Market Cap According to Different Sources
On Sep 17th, 2026 the market cap of Grupo Financiero Banorte S.A.B. de C.V was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $31.18 Billion USD |
| MoneyControl | $31.18 Billion USD |
| MarketWatch | $31.18 Billion USD |
| marketcap.company | $31.18 Billion USD |
| Reuters | $31.18 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Grupo Financiero Banorte S.A.B. de C.V
Grupo Financiero Banorte, S.A.B. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. It offers retail banking services, including checking and deposit accounts; credit and debit cards; mortgage, car, payroll, and personal loans; SME loans; payroll accounts; and car, home, life, and SME insurance. The company als… Read more