P/E ratio for Citizens Financial Group (CFG)
P/E ratio as of April 2024 (TTM): 8.66
According to Citizens Financial Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.65594. At the end of 2022 the company had a P/E ratio of 9.58.
P/E ratio history for Citizens Financial Group from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.58 | 5.02% |
| 2021 | 9.12 | -43.12% |
| 2020 | 16.0 | 50.84% |
| 2019 | 10.6 | 26.58% |
| 2018 | 8.40 | -34.58% |
| 2017 | 12.8 | -28.66% |
| 2016 | 18.0 | 6.5% |
| 2015 | 16.9 | 5.71% |
| 2014 | 16.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Zions Bancorporation
ZION | 7.72 | -10.85% | 🇺🇸 USA |
 Umpqua Holdings UMPQ | 11.4 | 31.63% | 🇺🇸 USA |
 Cathay General Bancorp CATY | 6.87 | -20.65% | 🇺🇸 USA |
 International Bancshares Corp IBOC | 8.93 | 3.17% | 🇺🇸 USA |
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.