Bancolombia
CIB
#1861
Rank
$8.30 B
Marketcap
๐Ÿ‡จ๐Ÿ‡ด Colombia
Country
$32.80
Share price
-1.68%
Change (1 day)
17.99%
Change (1 year)

P/E ratio for Bancolombia (CIB)

P/E ratio as of June 2024 (TTM): 5.56

According to Bancolombia 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.55825. At the end of 2022 the company had a P/E ratio of 4.31.

P/E ratio history for Bancolombia from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.31-40.28%
20217.21-101.76%
2020-411-3075.86%
201913.832.82%
201810.4-3.16%
201710.719.57%
20168.9725.44%
20157.15-21.75%
20149.14-29.69%
201313.0-6.73%
201213.95.86%
201113.2-16.67%
201015.816.02%
200913.682.74%
20087.45-36.36%
200711.7-13.25%
200613.50.56%
200513.453.43%
20048.7548.7%
20035.8812.1%
20025.25-8.33%
20015.73

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.00 44.01%๐Ÿ‡ช๐Ÿ‡ธ Spain
7.84 41.09%๐Ÿ‡จ๐Ÿ‡ฑ Chile
7.00 26.03%๐Ÿ‡ต๐Ÿ‡ฆ Panama
14.3 157.43%๐Ÿ‡จ๐Ÿ‡ฑ Chile
4.96-10.71%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
7.21 29.67%๐Ÿ‡ช๐Ÿ‡ธ Spain
9.81 76.47%๐Ÿ‡จ๐Ÿ‡ฆ Canada
9.30 67.24%๐Ÿ‡ง๐Ÿ‡ท Brazil
9.25 66.42%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

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.