P/E ratio for Banco Santander Brasil (BSBR)
P/E ratio as of April 2024 (TTM): 56.9
According to Banco Santander Brasil's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 56.9287. At the end of 2022 the company had a P/E ratio of 28.9.
P/E ratio history for Banco Santander Brasil from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 28.9 | 3.5% |
| 2021 | 27.9 | 3.61% |
| 2020 | 26.9 | 16.56% |
| 2019 | 23.1 | -11.59% |
| 2018 | 26.1 | -5.4% |
| 2017 | 27.6 | -13.18% |
| 2016 | 31.8 | 199.17% |
| 2015 | 10.6 | -36.82% |
| 2014 | 16.8 | -9.09% |
| 2013 | 18.5 | -9.87% |
| 2012 | 20.5 | 1.12% |
| 2011 | 20.3 | -59.41% |
| 2010 | 50.1 | 56.31% |
| 2009 | 32.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Northeast Bank NBN | 8.82 | -84.50% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 9.92 | -82.58% | 🇺🇸 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.