Start with its own history
At 30.36×, CX is 41.8% above its 9-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · CXConstruction MaterialsUpdated Nov 5, 2026
CEMEX, S.A.B. de C.V. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
30.36×
41.8% abovethe 9-observation annual average
Share price10.93
÷Earnings per share0.36
Price and EPS in quote currency. Calculation details
Investors are paying 30.36 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 21.41×
3-year average29.22×3 positive annual observations
5-year average21.56×5 positive annual observations
10-year average21.41×9 positive annual observations
Peer median · TTM19.95×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 17.30× | +100.5% |
| Dec 31, 2024 | 8.63× | -86.0% |
| Dec 31, 2023 | 61.73× | +798.5% |
| Dec 31, 2022 | 6.87× | -48.3% |
| Dec 31, 2021 | 13.28× | N/M |
| Dec 31, 2020 | N/M | N/M |
| Dec 31, 2019 | 39.79× | +184.2% |
| Dec 31, 2018 | 14.00× | -2.7% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 14.39× | -13.8% |
| Dec 31, 2016 | 16.69× | -84.0% |
| Dec 31, 2015 | 104.28× | N/M |
| Dec 31, 2014 | N/M | N/M |
| Dec 31, 2013 | N/M | N/M |
| Dec 31, 2012 | N/M | N/M |
| Dec 31, 2011 | N/M | N/M |
| Dec 31, 2010 | N/M | N/M |
| Dec 31, 2009 | 98.36× | +139.7% |
| Dec 31, 2008 | 41.03× | +396.0% |
| Dec 31, 2007 | 8.27× | -16.6% |
| Dec 31, 2006 | 9.92× | +9.3% |
| Dec 31, 2005 | 9.07× | +10.5% |
| Dec 31, 2004 | 8.22× | -33.9% |
| Dec 31, 2003 | 12.43× | +110.4% |
| Dec 31, 2002 | 5.91× | +38.4% |
| Dec 31, 2001 | 4.27× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How CX compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 CX This stockCEMEX, S.A.B. de C.V. | 30.36× |
 VMCVulcan Materials Company | 35.15× |
 EXPEagle Materials Inc. | 16.37× |
 LOMALoma Negra Compañía Industrial Argentina Sociedad Anónima | 37.47× |
 CRHCRH plc | 18.50× |
 HDLMYHeidelberg Materials AG | 18.54× |
 ULTRACEMCO.NSUltraTech Cement Limited | 39.49× |
 AHCHYAnhui Conch Cement Company Limited | 21.35× |
 BZZUYBuzzi S.p.A. | 9.09× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does CX’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 19.95×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take CX into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("CX", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 10.93 ÷ EPS 0.36 = 30.36×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
CX P/E ratio: common questions
The essentials behind the numbers.
CEMEX, S.A.B. de C.V.'s current P/E is 30.36× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.