Grupo Financiero Banorte S.A.B. de C.V (MX:GFNORTEO) — Market Cap & Net Worth

$30.52 Billion USD  · MX$530.27 Billion MXN  · Rank #883

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 $30.52 Billion (MX$530.27 Billion) as of June 19, 2026. Listed on the MX stock exchange, this Mexico-based company holds position #883 globally and #24 in its home market, demonstrating a 9.32% increase 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$191.11 by its total outstanding shares 2774660273 (2.77 Billion). Review debt load of Grupo Financiero Banorte S.A.B. de C.V to assess the company's total debt and financial obligations.

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 $30.52 Billion (11.90% CAGR).

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.

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

Industry average: 1.21x Lower than industry average

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

Industry average: 98.97x Lower than industry average

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 June 19, 2026.

Key companies related to Grupo Financiero Banorte S.A.B. de C.V by market ranking:

  • China Merchants Bank Co Ltd (SHG:600036): Ranked #210 globally with a market cap of $115.40 Billion USD ( CN¥788.64 Billion CNY).
  • UNICREDIT S.P.A. ADR (F:CRIP): Ranked #216 globally with a market cap of $112.81 Billion USD ( €96.49 Billion EUR).
  • HDFC Bank Limited (F:HDFA): Ranked #219 globally with a market cap of $110.85 Billion USD ( €94.81 Billion EUR).
  • DBS GROUP ADR/4 SD 1 (F:DEV): Ranked #223 globally with a market cap of $109.87 Billion USD ( €93.97 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#210 China Merchants Bank Co Ltd SHG:600036 $115.40 Billion CN¥38.23
#216 UNICREDIT S.P.A. ADR F:CRIP $112.81 Billion €32.20
#219 HDFC Bank Limited F:HDFA $110.85 Billion €22.00
#223 DBS GROUP ADR/4 SD 1 F:DEV $109.87 Billion €152.00

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 $ 30.52 Billion, with a yearly change of 11.90%.

Year Market Cap Change (%)
2026 MX$30.52 Billion +14.55%
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 Jun 18th, 2026 the market cap of Grupo Financiero Banorte S.A.B. de C.V was reported to be:

Source Market Cap
Yahoo Finance $30.52 Billion USD
MoneyControl $30.52 Billion USD
MarketWatch $30.52 Billion USD
marketcap.company $30.52 Billion USD
Reuters $30.52 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

MX:GFNORTEO Mexico Banks - Regional
Market Cap
$30.52 Billion
MX$530.27 Billion MXN
Market Cap Rank
#883 Global
#24 in Mexico
Share Price
MX$191.11
Change (1 day)
+0.91%
52-Week Range
MX$159.55 - MX$208.76
All Time High
MX$208.76
About

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