Zions Bancorporation
ZION
#1849
Rank
A$13.75 B
Marketcap
$93.15
Share price
2.43%
Change (1 day)
77.89%
Change (1 year)

P/E ratio for Zions Bancorporation (ZION)

P/E ratio as of November 2024 (TTM): 11.2

According to Zions Bancorporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.1627. At the end of 2022 the company had a P/E ratio of 8.48.

P/E ratio history for Zions Bancorporation from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.48-9.15%
20219.33-34.5%
202014.220.97%
201911.826%
20189.34-50.18%
201718.8-12.84%
201621.5-5.41%
201522.738.05%
201416.5-12.54%
201318.8-14.59%
201222.112.48%
201119.6-302.38%
2010-9.69676.57%
2009-1.25-86.3%
2008-9.11-187.23%
200710.4-30.82%
200615.15.31%
200514.3-4.74%
200415.1-7.99%
200316.416.42%
200214.1-17.16%
200117.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.9 132.26%๐Ÿ‡บ๐Ÿ‡ธ USA
11.8 5.96%๐Ÿ‡บ๐Ÿ‡ธ USA
15.6 39.61%๐Ÿ‡บ๐Ÿ‡ธ USA
14.7 32.12%๐Ÿ‡บ๐Ÿ‡ธ USA
12.7 13.73%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ 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.