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 $30.42 Billion (MX$528.58 Billion) as of May 4, 2026. Listed on the MX stock exchange, this Mexico-based company holds position #869 globally and #24 in its home market, demonstrating a -2.25% 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$190.37 by its total outstanding shares 2776579302 (2.78 Billion). Analyse cash efficiency ratio of Grupo Financiero Banorte S.A.B. de C.V to see how efficiently the company converts income to cash.
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 $30.42 Billion (12.02% 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
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 | $10.86 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 | $10.91 Billion | $129.90 Billion | $31.96 Billion | 0.08x | 0.34x |
| 2019 | $12.69 Billion | $138.05 Billion | $36.53 Billion | 0.09x | 0.35x |
| 2020 | $13.20 Billion | $143.66 Billion | $30.51 Billion | 0.09x | 0.43x |
| 2021 | $16.73 Billion | $160.97 Billion | $35.05 Billion | 0.10x | 0.48x |
| 2022 | $19.17 Billion | $179.54 Billion | $45.41 Billion | 0.11x | 0.42x |
| 2023 | $25.62 Billion | $196.70 Billion | $52.42 Billion | 0.13x | 0.49x |
| 2024 | $21.47 Billion | $219.38 Billion | $56.19 Billion | 0.10x | 0.38x |
| 2025 | $26.66 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 May 4, 2026.
Key companies related to Grupo Financiero Banorte S.A.B. de C.V by market ranking:
- HDFC Bank Limited (F:HDFA): Ranked #179 globally with a market cap of $128.33 Billion USD ( €109.77 Billion EUR).
- China Merchants Bank Co Ltd (SHG:600036): Ranked #204 globally with a market cap of $115.52 Billion USD ( CN¥789.47 Billion CNY).
- UNICREDIT S.P.A. ADR (F:CRIP): Ranked #207 globally with a market cap of $112.81 Billion USD ( €96.49 Billion EUR).
- DBS GROUP ADR/4 SD 1 (F:DEV): Ranked #219 globally with a market cap of $109.87 Billion USD ( €93.97 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #179 | HDFC Bank Limited | F:HDFA | $128.33 Billion | €21.40 |
| #204 | China Merchants Bank Co Ltd | SHG:600036 | $115.52 Billion | CN¥38.27 |
| #207 | UNICREDIT S.P.A. ADR | F:CRIP | $112.81 Billion | €32.20 |
| #219 | 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 $ 30.42 Billion, with a yearly change of 12.02%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | MX$30.42 Billion | +14.10% |
| 2025 | MX$26.66 Billion | +24.17% |
| 2024 | MX$21.47 Billion | -16.21% |
| 2023 | MX$25.62 Billion | +33.68% |
| 2022 | MX$19.17 Billion | +14.60% |
| 2021 | MX$16.73 Billion | +26.72% |
| 2020 | MX$13.20 Billion | +4.05% |
| 2019 | MX$12.69 Billion | +16.32% |
| 2018 | MX$10.91 Billion | -8.23% |
| 2017 | MX$11.88 Billion | +9.41% |
| 2016 | MX$10.86 Billion | +9.24% |
| 2015 | MX$9.94 Billion | -- |
End of Day Market Cap According to Different Sources
On May 3rd, 2026 the market cap of Grupo Financiero Banorte S.A.B. de C.V was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $30.42 Billion USD |
| MoneyControl | $30.42 Billion USD |
| MarketWatch | $30.42 Billion USD |
| marketcap.company | $30.42 Billion USD |
| Reuters | $30.42 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