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 |
|---|---|---|
| 2021 | 16.7 | -32.67% |
| 2020 | 24.8 | 25.1% |
| 2019 | 19.8 | 20.89% |
| 2018 | 16.4 | -22.78% |
| 2017 | 21.2 | -16.74% |
| 2016 | 25.5 | 26.49% |
| 2015 | 20.2 | -0.39% |
| 2014 | 20.3 | 1.2% |
| 2013 | 20.0 | 38.47% |
| 2012 | 14.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Wintrust Financial WTFC | 8.61 | -33.52% | 🇺🇸 USA |
 UMB Financial UMBF | 7.57 | -41.58% | 🇺🇸 USA |
 QCR Holdings
QCRH | 7.20 | -44.40% | 🇺🇸 USA |
 MidWestOne Financial Group
MOFG | 6.70 | -48.30% | 🇺🇸 USA |
 First Citizens BancShares
FCNCA | 1.83 | -85.89% | 🇺🇸 USA |
 Enterprise Financial Services Corp EFSC | 8.11 | -37.45% | 🇺🇸 USA |
 Great Southern Bancorp GSBC | 8.19 | -36.77% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 12.7 | -1.86% | 🇺🇸 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.