P/E ratio for Bancolombia (CIB)
P/E ratio as of March 2023 (TTM): 3.50
According to Bancolombia 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.50428. At the end of 2021 the company had a P/E ratio of 7.75.
P/E ratio history for Bancolombia from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 7.75 | -95.4% |
| 2020 | 169 | 1122.7% |
| 2019 | 13.8 | 32.82% |
| 2018 | 10.4 | -3.16% |
| 2017 | 10.7 | 19.57% |
| 2016 | 8.97 | 25.43% |
| 2015 | 7.15 | -36.94% |
| 2014 | 11.3 | -12.74% |
| 2013 | 13.0 | -11.91% |
| 2012 | 14.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Banco Bilbao Vizcaya Argentaria BBVA | 7.33 | 109.06% | 🇪🇸 Spain |
 Banco de Chile
BCH | 6.57 | 87.48% | 🇨🇱 Chile |
 Banco Latinoamericano de Comercio Exterior BLX | 6.70 | 91.30% | 🇵🇦 Panama |
 Banco Santander-Chile BSAC | 7.74 | 121.00% | 🇨🇱 Chile |
 Banco Santander México BSMX | 7.07 | 101.85% | 🇲🇽 Mexico |
 Santander SAN | 6.28 | 79.17% | 🇪🇸 Spain |
 Scotiabank BNS | 8.75 | 149.67% | 🇨🇦 Canada |
 Itaú Unibanco
ITUB | 8.06 | 130.05% | 🇧🇷 Brazil |
 Credicorp BAP | 9.11 | 160.05% | 🇧🇲 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.