P/E ratio for Banco de Chile (BCH)
P/E ratio as of June 2023 (TTM): 7.83
According to Banco de Chile 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.82515. At the end of 2018 the company had a P/E ratio of 15.8.
P/E ratio history for Banco de Chile from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2018 | 15.8 | |
| 2012 | 16.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Citigroup C | 6.51 | -16.79% | 🇺🇸 USA |
 Banco Bilbao Vizcaya Argentaria BBVA | 7.37 | -5.77% | 🇪🇸 Spain |
 Banco Latinoamericano de Comercio Exterior BLX | 6.36 | -18.71% | 🇵🇦 Panama |
 Banco Santander-Chile BSAC | 8.83 | 12.85% | 🇨🇱 Chile |
 Banco Santander México BSMX | 4.96 | -36.57% | 🇲🇽 Mexico |
 Banco Macro
BMA | 4.12 | -47.38% | 🇦🇷 Argentina |
 Bank of Montreal
BMO | 7.26 | -7.23% | 🇨🇦 Canada |
 Credicorp BAP | 8.71 | 11.37% | 🇧🇲 Bermuda |
 Bancolombia
CIB | 4.28 | -45.36% | 🇨🇴 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.