Bank of Montreal
BMO
#301
Rank
$61.08 B
Marketcap
$83.77
Share price
-0.14%
Change (1 day)
-6.09%
Change (1 year)

P/E ratio for Bank of Montreal (BMO)

P/E ratio as of June 2024 (TTM): 11.2

According to Bank of Montreal 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.2362. At the end of 2022 the company had a P/E ratio of 5.90.

P/E ratio history for Bank of Montreal from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.90-49.18%
202111.6-13.84%
202013.514.04%
201911.815.02%
201810.3-21.43%
201713.1-4.62%
201613.726.05%
201510.9-10.41%
201412.110.1%
201311.011.55%
20129.88-9.26%
201110.9-12.34%
201012.4-35.35%
200919.2167.45%
20087.18-50.41%
200714.514.27%
200612.7-11.79%
200514.42.79%
200414.0-12%
200315.919.69%
200213.316.94%
200111.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.4 19.02%๐Ÿ‡จ๐Ÿ‡ฆ Canada
12.4 10.77%๐Ÿ‡บ๐Ÿ‡ธ USA
8.73-22.32%๐Ÿ‡บ๐Ÿ‡ธ USA
9.44-16.03%๐Ÿ‡จ๐Ÿ‡ฆ Canada
13.1 16.71%๐Ÿ‡จ๐Ÿ‡ฆ Canada
9.43-16.06%๐Ÿ‡จ๐Ÿ‡ฆ 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.