<p>当你购买一家公司的股票时，值得记住的是它可能会失败，你可能会损失你的钱。但从积极的一面来看，投资于一只表现良好的股票，你的收益可能远超过 100%。长期以来，<strong>Grupo Aeroportuario del Pacífico, S.A.B. de C.V.</strong> (BMV:GAPB) 的股东对此应该非常清楚，因为该股票在五年内上涨了 164%。此外，看到股价在过去一个季度上涨了 10% 也令人欣慰。但这可能与强劲的市场有关，过去三个月市场上涨了 6.2%。</p>
<p>让我们看看长期的基本面，看看它们是否与股东回报一致。</p>
<p>我们发现 21 只美国股票预计明年将支付超过 6% 的股息收益率。查看完整列表，免费获取。</p>
<p>尽管有效市场假说仍然被一些人教授，但已经证明市场是过度反应的动态系统，投资者并不总是理性。检查市场情绪如何随时间变化的一种方法是观察公司股价与每股收益（EPS）之间的互动。</p>
<p>在五年的股价增长期间，Grupo Aeroportuario del Pacífico 的每股收益（EPS）年复合增长率为 19%。这个 EPS 增长与股价的 21% 年均增长率相当接近。因此，可以得出结论，市场对该股票的情绪并没有发生太大变化。实际上，股价似乎在很大程度上反映了 EPS 的增长。</p>
<p>下面的图表展示了 EPS 随时间的变化（点击图片可揭示确切数值）。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/10331338-earnings-per-share-growth-1-dark-2/1758628802708?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/10331338-earnings-per-share-growth-1-dark-2/1758628802708"/></p>
<p>BMV:GAP B 每股收益增长 2025 年 9 月 23 日</p>
<p>在买入或卖出股票之前，我们始终建议仔细检查历史增长趋势，相关信息可在此获取。</p>
<h2>股息情况如何？</h2>
<p>在考虑投资回报时，重要的是要考虑_总股东回报_（TSR）与_股价回报_之间的区别。TSR 是一种回报计算，考虑了现金股息的价值（假设收到的任何股息都被再投资）以及任何折扣融资和分拆的计算价值。因此，对于支付丰厚股息的公司，TSR 通常远高于股价回报。实际上，Grupo Aeroportuario del Pacífico 在过去五年的 TSR 为 233%，超过了前面提到的股价回报。显然，股息支付在很大程度上解释了这种差异！</p>
<h2>不同的视角</h2>
<p>很高兴看到 Grupo Aeroportuario del Pacífico 的股东在过去一年获得了 39% 的总股东回报。当然，这包括了股息。这比过去五年的年化回报 27% 要好，暗示公司最近表现更佳。持乐观态度的人可能会将 TSR 的近期改善视为公司本身随着时间的推移而变得更好的迹象。我发现从长期来看观察股价作为商业表现的代理非常有趣。但要真正获得洞察，我们还需要考虑其他信息。例如，投资风险的无处不在的阴影。<strong>我们发现了 Grupo Aeroportuario del Pacífico 的 2 个警告信号</strong>，理解这些信号应该是你投资过程的一部分。</p>
<p>对于那些喜欢寻找 <strong>获胜投资</strong> 的人来说，这份 <strong>免费</strong> 的近期内部人士购买的被低估公司名单，可能正是你所需要的。</p>
<p><em>请注意，本文中引用的市场回报反映了目前在墨西哥交易所交易的股票的市场加权平均回报。</em></p>

太平洋航空

<p>太平洋航空 (BMV:GAPB) 在过去五年中实现了令人印象深刻的 233% 的总股东回报率（TSR），显著超过其 164% 的股价回报率。该股票在最近一个季度上涨了 10%，反映出强劲的市场条件。公司的每股收益（EPS）以 19% 的复合年增长率增长，与股价上涨密切相关。最近的表现显示，过去一年 TSR 为 39%，表明业务表现有所改善。然而，投资者应注意潜在风险，因为已识别出两个警示信号</p>

<p>When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose your money. But on the bright side, you can make far more than 100% on a really good stock. Long term <strong>Grupo Aeroportuario del Pacífico, S.A.B. de C.V.</strong> (BMV:GAPB) shareholders would be well aware of this, since the stock is up 164% in five years. It's also good to see the share price up 10% over the last quarter. But this could be related to the strong market, which is up 6.2% in the last three months.</p>
<div class="lb-trans"><p>当你购买一家公司的股票时，值得记住的是它可能会失败，你可能会损失你的钱。但从积极的一面来看，投资于一只表现良好的股票，你的收益可能远超过 100%。长期以来，<strong>Grupo Aeroportuario del Pacífico, S.A.B. de C.V.</strong> (BMV:GAPB) 的股东对此应该非常清楚，因为该股票在五年内上涨了 164%。此外，看到股价在过去一个季度上涨了 10% 也令人欣慰。但这可能与强劲的市场有关，过去三个月市场上涨了 6.2%。</p>
</div><p>Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.</p>
<div class="lb-trans"><p>让我们看看长期的基本面，看看它们是否与股东回报一致。</p>
</div><p>We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.</p>
<div class="lb-trans"><p>我们发现 21 只美国股票预计明年将支付超过 6% 的股息收益率。查看完整列表，免费获取。</p>
</div><p>While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).</p>
<div class="lb-trans"><p>尽管有效市场假说仍然被一些人教授，但已经证明市场是过度反应的动态系统，投资者并不总是理性。检查市场情绪如何随时间变化的一种方法是观察公司股价与每股收益（EPS）之间的互动。</p>
</div><p>During five years of share price growth, Grupo Aeroportuario del Pacífico. de achieved compound earnings per share (EPS) growth of 19% per year. This EPS growth is reasonably close to the 21% average annual increase in the share price. Therefore one could conclude that sentiment towards the shares hasn't morphed very much. In fact, the share price seems to largely reflect the EPS growth.</p>
<div class="lb-trans"><p>在五年的股价增长期间，Grupo Aeroportuario del Pacífico 的每股收益（EPS）年复合增长率为 19%。这个 EPS 增长与股价的 21% 年均增长率相当接近。因此，可以得出结论，市场对该股票的情绪并没有发生太大变化。实际上，股价似乎在很大程度上反映了 EPS 的增长。</p>
</div><p>The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).</p>
<div class="lb-trans"><p>下面的图表展示了 EPS 随时间的变化（点击图片可揭示确切数值）。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/10331338-earnings-per-share-growth-1-dark-2/1758628802708" alt="" original-src="https://images.simplywall.st/asset/chart/10331338-earnings-per-share-growth-1-dark-2/1758628802708"/></p>
<p>BMV:GAP B Earnings Per Share Growth September 23rd 2025</p>
<div class="lb-trans"><p>BMV:GAP B 每股收益增长 2025 年 9 月 23 日</p>
</div><p>Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.</p>
<div class="lb-trans"><p>在买入或卖出股票之前，我们始终建议仔细检查历史增长趋势，相关信息可在此获取。</p>
</div><h2>What About Dividends?</h2>
<div class="lb-trans"><h2>股息情况如何？</h2>
</div><p>When looking at investment returns, it is important to consider the difference between <em>total shareholder return</em> (TSR) and <em>share price return</em>. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Grupo Aeroportuario del Pacífico. de's TSR for the last 5 years was 233%, which exceeds the share price return mentioned earlier. And there's no prize for guessing that the dividend payments largely explain the divergence!</p>
<div class="lb-trans"><p>在考虑投资回报时，重要的是要考虑_总股东回报_（TSR）与_股价回报_之间的区别。TSR 是一种回报计算，考虑了现金股息的价值（假设收到的任何股息都被再投资）以及任何折扣融资和分拆的计算价值。因此，对于支付丰厚股息的公司，TSR 通常远高于股价回报。实际上，Grupo Aeroportuario del Pacífico 在过去五年的 TSR 为 233%，超过了前面提到的股价回报。显然，股息支付在很大程度上解释了这种差异！</p>
</div><h2>A Different Perspective</h2>
<div class="lb-trans"><h2>不同的视角</h2>
</div><p>It's nice to see that Grupo Aeroportuario del Pacífico. de shareholders have received a total shareholder return of 39% over the last year. Of course, that includes the dividend. That's better than the annualised return of 27% over half a decade, implying that the company is doing better recently. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Consider for instance, the ever-present spectre of investment risk. <strong>We've identified 2 warning signs</strong> with Grupo Aeroportuario del Pacífico. de , and understanding them should be part of your investment process.</p>
<div class="lb-trans"><p>很高兴看到 Grupo Aeroportuario del Pacífico 的股东在过去一年获得了 39% 的总股东回报。当然，这包括了股息。这比过去五年的年化回报 27% 要好，暗示公司最近表现更佳。持乐观态度的人可能会将 TSR 的近期改善视为公司本身随着时间的推移而变得更好的迹象。我发现从长期来看观察股价作为商业表现的代理非常有趣。但要真正获得洞察，我们还需要考虑其他信息。例如，投资风险的无处不在的阴影。<strong>我们发现了 Grupo Aeroportuario del Pacífico 的 2 个警告信号</strong>，理解这些信号应该是你投资过程的一部分。</p>
</div><p>For those who like to find <strong>winning investments</strong> this <strong>free</strong> list of undervalued companies with recent insider purchasing, could be just the ticket.</p>
<div class="lb-trans"><p>对于那些喜欢寻找 <strong>获胜投资</strong> 的人来说，这份 <strong>免费</strong> 的近期内部人士购买的被低估公司名单，可能正是你所需要的。</p>
</div><p><em>Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Mexican exchanges.</em></p>
<div class="lb-trans"><p><em>请注意，本文中引用的市场回报反映了目前在墨西哥交易所交易的股票的市场加权平均回报。</em></p>
</div>

太平洋航空（BMV:GAPB）的投资者会对过去五年取得的令人瞩目的 233% 回报感到满意