P/E ratio for Santander (SAN)
P/E ratio as of June 2024 (TTM): 7.83
According to Santander's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.83186. At the end of 2022 the company had a P/E ratio of 5.20.
P/E ratio history for Santander from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.20 | -19.48% |
| 2021 | 6.46 | -227.02% |
| 2020 | -5.09 | -147.87% |
| 2019 | 10.6 | 19.75% |
| 2018 | 8.87 | -40.03% |
| 2017 | 14.8 | 21.1% |
| 2016 | 12.2 | 35.88% |
| 2015 | 8.99 | -36.25% |
| 2014 | 14.1 | -19.06% |
| 2013 | 17.4 | -13.99% |
| 2012 | 20.3 | 116.29% |
| 2011 | 9.37 | 5.38% |
| 2010 | 8.89 | -29.51% |
| 2009 | 12.6 | 126.12% |
| 2008 | 5.58 | -57.19% |
| 2007 | 13.0 | -3.09% |
| 2006 | 13.4 | 18% |
| 2005 | 11.4 | -14.62% |
| 2004 | 13.3 | -42.98% |
| 2003 | 23.4 | 71.67% |
| 2002 | 13.6 | -3.96% |
| 2001 | 14.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Bank of America BAC | 10.8 | 37.39% | 🇺🇸 USA |
 HSBC HSBC | 6.38 | -18.59% | 🇬🇧 UK |
 Deutsche Bank DB | 6.39 | -18.39% | 🇩🇪 Germany |
 Banco Bilbao Vizcaya Argentaria BBVA | 8.83 | 12.72% | 🇪🇸 Spain |
 Banco Santander-Chile BSAC | 14.3 | 82.60% | 🇨🇱 Chile |
 Banco Santander México BSMX | 4.96 | -36.63% | 🇲🇽 Mexico |
 Itaú Unibanco
ITUB | 9.69 | 23.79% | 🇧🇷 Brazil |
 Barclays BCS | 6.55 | -16.35% | 🇬🇧 UK |
 Bancolombia
CIB | 6.03 | -23.04% | 🇨🇴 Colombia |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.