<p>當你購買一家公司的股票時，值得記住的是它可能會失敗，你可能會損失你的錢。但從積極的一面來看，投資於一只表現良好的股票，你的收益可能遠超過 100%。長期以來，<strong>Grupo Aeroportuario del Pacífico, S.A.B. de C.V.</strong> (BMV:GAPB) 的股東對此應該非常清楚，因為該股票在五年內上漲了 164%。此外，看到股價在過去一個季度上漲了 10% 也令人欣慰。但這可能與強勁的市場有關，過去三個月市場上漲了 6.2%。</p>
<p>讓我們看看長期的基本面，看看它們是否與股東回報一致。</p>
<p>我們發現 21 只美國股票預計明年將支付超過 6% 的股息收益率。查看完整列表，免費獲取。</p>
<p>儘管有效市場假説仍然被一些人教授，但已經證明市場是過度反應的動態系統，投資者並不總是理性。檢查市場情緒如何隨時間變化的一種方法是觀察公司股價與每股收益（EPS）之間的互動。</p>
<p>在五年的股價增長期間，Grupo Aeroportuario del Pacífico 的每股收益（EPS）年複合增長率為 19%。這個 EPS 增長與股價的 21% 年均增長率相當接近。因此，可以得出結論，市場對該股票的情緒並沒有發生太大變化。實際上，股價似乎在很大程度上反映了 EPS 的增長。</p>
<p>下面的圖表展示了 EPS 隨時間的變化（點擊圖片可揭示確切數值）。</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 每股收益增長 2025 年 9 月 23 日</p>
<p>在買入或賣出股票之前，我們始終建議仔細檢查歷史增長趨勢，相關信息可在此獲取。</p>
<h2>股息情況如何？</h2>
<p>在考慮投資回報時，重要的是要考慮_總股東回報_（TSR）與_股價回報_之間的區別。TSR 是一種回報計算，考慮了現金股息的價值（假設收到的任何股息都被再投資）以及任何折扣融資和分拆的計算價值。因此，對於支付豐厚股息的公司，TSR 通常遠高於股價回報。實際上，Grupo Aeroportuario del Pacífico 在過去五年的 TSR 為 233%，超過了前面提到的股價回報。顯然，股息支付在很大程度上解釋了這種差異！</p>
<h2>不同的視角</h2>
<p>很高興看到 Grupo Aeroportuario del Pacífico 的股東在過去一年獲得了 39% 的總股東回報。當然，這包括了股息。這比過去五年的年化回報 27% 要好，暗示公司最近表現更佳。持樂觀態度的人可能會將 TSR 的近期改善視為公司本身隨着時間的推移而變得更好的跡象。我發現從長期來看觀察股價作為商業表現的代理非常有趣。但要真正獲得洞察，我們還需要考慮其他信息。例如，投資風險的無處不在的陰影。<strong>我們發現了 Grupo Aeroportuario del Pacífico 的 2 個警告信號</strong>，理解這些信號應該是你投資過程的一部分。</p>
<p>對於那些喜歡尋找 <strong>獲勝投資</strong> 的人來説，這份 <strong>免費</strong> 的近期內部人士購買的被低估公司名單，可能正是你所需要的。</p>
<p><em>請注意，本文中引用的市場回報反映了目前在墨西哥交易所交易的股票的市場加權平均回報。</em></p>

太平洋航空

<p>太平洋航空 (BMV:GAPB) 在過去五年中實現了令人印象深刻的 233% 的總股東回報率（TSR），顯著超過其 164% 的股價回報率。該股票在最近一個季度上漲了 10%，反映出強勁的市場條件。公司的每股收益（EPS）以 19% 的複合年增長率增長，與股價上漲密切相關。最近的表現顯示，過去一年 TSR 為 39%，表明業務表現有所改善。然而，投資者應注意潛在風險，因為已識別出兩個警示信號</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>當你購買一家公司的股票時，值得記住的是它可能會失敗，你可能會損失你的錢。但從積極的一面來看，投資於一只表現良好的股票，你的收益可能遠超過 100%。長期以來，<strong>Grupo Aeroportuario del Pacífico, S.A.B. de C.V.</strong> (BMV:GAPB) 的股東對此應該非常清楚，因為該股票在五年內上漲了 164%。此外，看到股價在過去一個季度上漲了 10% 也令人欣慰。但這可能與強勁的市場有關，過去三個月市場上漲了 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>讓我們看看長期的基本面，看看它們是否與股東回報一致。</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>我們發現 21 只美國股票預計明年將支付超過 6% 的股息收益率。查看完整列表，免費獲取。</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>儘管有效市場假説仍然被一些人教授，但已經證明市場是過度反應的動態系統，投資者並不總是理性。檢查市場情緒如何隨時間變化的一種方法是觀察公司股價與每股收益（EPS）之間的互動。</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>在五年的股價增長期間，Grupo Aeroportuario del Pacífico 的每股收益（EPS）年複合增長率為 19%。這個 EPS 增長與股價的 21% 年均增長率相當接近。因此，可以得出結論，市場對該股票的情緒並沒有發生太大變化。實際上，股價似乎在很大程度上反映了 EPS 的增長。</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>下面的圖表展示了 EPS 隨時間的變化（點擊圖片可揭示確切數值）。</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 每股收益增長 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>在買入或賣出股票之前，我們始終建議仔細檢查歷史增長趨勢，相關信息可在此獲取。</p>
</div><h2>What About Dividends?</h2>
<div class="lb-trans"><h2>股息情況如何？</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>在考慮投資回報時，重要的是要考慮_總股東回報_（TSR）與_股價回報_之間的區別。TSR 是一種回報計算，考慮了現金股息的價值（假設收到的任何股息都被再投資）以及任何折扣融資和分拆的計算價值。因此，對於支付豐厚股息的公司，TSR 通常遠高於股價回報。實際上，Grupo Aeroportuario del Pacífico 在過去五年的 TSR 為 233%，超過了前面提到的股價回報。顯然，股息支付在很大程度上解釋了這種差異！</p>
</div><h2>A Different Perspective</h2>
<div class="lb-trans"><h2>不同的視角</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>很高興看到 Grupo Aeroportuario del Pacífico 的股東在過去一年獲得了 39% 的總股東回報。當然，這包括了股息。這比過去五年的年化回報 27% 要好，暗示公司最近表現更佳。持樂觀態度的人可能會將 TSR 的近期改善視為公司本身隨着時間的推移而變得更好的跡象。我發現從長期來看觀察股價作為商業表現的代理非常有趣。但要真正獲得洞察，我們還需要考慮其他信息。例如，投資風險的無處不在的陰影。<strong>我們發現了 Grupo Aeroportuario del Pacífico 的 2 個警告信號</strong>，理解這些信號應該是你投資過程的一部分。</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>對於那些喜歡尋找 <strong>獲勝投資</strong> 的人來説，這份 <strong>免費</strong> 的近期內部人士購買的被低估公司名單，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>請注意，本文中引用的市場回報反映了目前在墨西哥交易所交易的股票的市場加權平均回報。</em></p>
</div>

太平洋航空（BMV:GAPB）的投資者會對過去五年取得的令人矚目的 233% 回報感到滿意