P/E ratio for Bancolombia (CIB)

P/E ratio history for Bancolombia from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Credicorp BAP	9.89	76.80%	🇧🇲 Bermuda
Itaú Unibanco ITUB	9.62	72.08%	🇧🇷 Brazil
Banco de Chile BCH	8.01	43.22%	🇨🇱 Chile
Banco Latinoamericano de Comercio Exterior BLX	7.94	42.02%	🇵🇦 Panama
Scotiabank BNS	9.53	70.33%	🇨🇦 Canada
Banco Santander México BSMX	4.96	-11.25%	🇲🇽 Mexico
Banco Bilbao Vizcaya Argentaria BBVA	8.91	59.39%	🇪🇸 Spain
Santander SAN	7.48	33.78%	🇪🇸 Spain
Banco Santander-Chile BSAC	15.0	169.10%	🇨🇱 Chile

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.