P/E ratio for Citigroup (C)
P/E ratio as of May 2024 (TTM): 8.92
According to Citigroup's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.92049. At the end of 2022 the company had a P/E ratio of 6.04.
P/E ratio history for Citigroup from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.04 | 5.99% |
| 2021 | 5.70 | -48.11% |
| 2020 | 11.0 | 18.86% |
| 2019 | 9.25 | 28.55% |
| 2018 | 7.19 | -125.02% |
| 2017 | -28.7 | -349.77% |
| 2016 | 11.5 | 27.51% |
| 2015 | 9.03 | -56.49% |
| 2014 | 20.7 | 82.31% |
| 2013 | 11.4 | -29.35% |
| 2012 | 16.1 | 133.69% |
| 2011 | 6.89 | -37.25% |
| 2010 | 11.0 | -93.83% |
| 2009 | 178 | -15090.5% |
| 2008 | -1.19 | -102.74% |
| 2007 | 43.3 | 241.22% |
| 2006 | 12.7 | 26.8% |
| 2005 | 10.0 | -31.26% |
| 2004 | 14.6 | 4.66% |
| 2003 | 13.9 | 17.78% |
| 2002 | 11.8 | -34.97% |
| 2001 | 18.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Bank of America BAC | 10.3 | 15.57% | 🇺🇸 USA |
 JPMorgan Chase JPM | 11.4 | 28.09% | 🇺🇸 USA |
 Wells Fargo WFC | 12.7 | 42.40% | 🇺🇸 USA |
 Morgan Stanley MS | 16.1 | 80.56% | 🇺🇸 USA |
 U.S. Bancorp USB | 12.1 | 35.56% | 🇺🇸 USA |
 HSBC HSBC | 6.27 | -29.71% | 🇬🇧 UK |
 Deutsche Bank DB | 6.13 | -31.30% | 🇩🇪 Germany |
 UBS UBS | 2.49 | -72.05% | 🇨🇭 Switzerland |
 Barclays BCS | 5.96 | -33.21% | 🇬🇧 UK |
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.