P/E ratio for Commerce Bancshares (CBSH)
P/E ratio as of June 2024 (TTM): 13.9
According to Commerce Bancshares 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.8972. At the end of 2022 the company had a P/E ratio of 17.6.
P/E ratio history for Commerce Bancshares from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.6 | 5.25% |
| 2021 | 16.7 | -29.52% |
| 2020 | 23.7 | 19.54% |
| 2019 | 19.8 | 20.89% |
| 2018 | 16.4 | -22.78% |
| 2017 | 21.2 | -16.74% |
| 2016 | 25.5 | 26.49% |
| 2015 | 20.2 | -0.39% |
| 2014 | 20.3 | 1.27% |
| 2013 | 20.0 | 38.15% |
| 2012 | 14.5 | -11.31% |
| 2011 | 16.3 | -18.14% |
| 2010 | 19.9 | -20.28% |
| 2009 | 25.0 | 5.67% |
| 2008 | 23.7 | 12.65% |
| 2007 | 21.0 | 1.34% |
| 2006 | 20.7 | -4.8% |
| 2005 | 21.8 | -0.43% |
| 2004 | 21.9 | -0.78% |
| 2003 | 22.0 | 20.39% |
| 2002 | 18.3 | -4.88% |
| 2001 | 19.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Wintrust Financial WTFC | 9.68 | -30.31% | 🇺🇸 USA |
 UMB Financial UMBF | 10.3 | -25.75% | 🇺🇸 USA |
 QCR Holdings
QCRH | 8.46 | -39.09% | 🇺🇸 USA |
 MidWestOne Financial Group
MOFG | 9.94 | -28.47% | 🇺🇸 USA |
 First Citizens BancShares
FCNCA | 2.25 | -83.83% | 🇺🇸 USA |
 Enterprise Financial Services Corp EFSC | 6.90 | -50.37% | 🇺🇸 USA |
 Great Southern Bancorp GSBC | 8.08 | -41.88% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 11.0 | -21.02% | 🇺🇸 USA |
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.