Commerce Bancshares
CBSH
#2073
Rank
$6.29 B
Marketcap
$50.47
Share price
4.38%
Change (1 day)
-26.57%
Change (1 year)
Categories

P/E ratio for Commerce Bancshares (CBSH)

P/E ratio as of June 2023 (TTM): 13.0

According to Commerce Bancshares 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.9568. At the end of 2021 the company had a P/E ratio of 16.7.

P/E ratio history for Commerce Bancshares from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202116.7-32.67%
202024.825.1%
201919.820.89%
201816.4-22.78%
201721.2-16.74%
201625.526.49%
201520.2-0.39%
201420.31.2%
201320.038.47%
201214.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.61-33.52%๐Ÿ‡บ๐Ÿ‡ธ USA
7.57-41.58%๐Ÿ‡บ๐Ÿ‡ธ USA
7.20-44.40%๐Ÿ‡บ๐Ÿ‡ธ USA
6.70-48.30%๐Ÿ‡บ๐Ÿ‡ธ USA
1.83-85.89%๐Ÿ‡บ๐Ÿ‡ธ USA
8.11-37.45%๐Ÿ‡บ๐Ÿ‡ธ USA
8.19-36.77%๐Ÿ‡บ๐Ÿ‡ธ USA
12.7-1.86%๐Ÿ‡บ๐Ÿ‡ธ 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.