P/E ratio for Bank of Montreal (BMO)
P/E ratio as of June 2023 (TTM): 7.25
According to Bank of Montreal 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.25241. At the end of 2021 the company had a P/E ratio of 11.6.
P/E ratio history for Bank of Montreal from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 11.6 | -13.84% |
| 2020 | 13.5 | 14.04% |
| 2019 | 11.8 | 14.88% |
| 2018 | 10.3 | -21.33% |
| 2017 | 13.1 | -4.62% |
| 2016 | 13.7 | 26.05% |
| 2015 | 10.9 | -10.41% |
| 2014 | 12.1 | 11.18% |
| 2013 | 10.9 | 10.47% |
| 2012 | 9.88 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Royal Bank Of Canada RY | 11.2 | 54.91% | 🇨🇦 Canada |
 Wells Fargo WFC | 11.7 | 61.17% | 🇺🇸 USA |
 Citigroup C | 6.41 | -11.68% | 🇺🇸 USA |
 Toronto Dominion Bank TD | 11.2 | 54.33% | 🇨🇦 Canada |
 CIBC CM | 9.43 | 30.09% | 🇨🇦 Canada |
 Scotiabank BNS | 8.94 | 23.30% | 🇨🇦 Canada |
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.