Commerce Bancshares
CBSH
#2103
Rank
$7.00 B
Marketcap
$54.09
Share price
1.20%
Change (1 day)
11.71%
Change (1 year)
Categories

P/E ratio for Commerce Bancshares (CBSH)

P/E ratio as of June 2024 (TTM): 13.4

According to Commerce Bancshares 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.4085. At the end of 2022 the company had a P/E ratio of 17.6.

P/E ratio history for Commerce Bancshares from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.65.25%
202116.7-29.52%
202023.719.54%
201919.820.89%
201816.4-22.78%
201721.2-16.74%
201625.526.49%
201520.2-0.39%
201420.31.27%
201320.038.15%
201214.5-11.31%
201116.3-18.14%
201019.9-20.28%
200925.05.67%
200823.712.65%
200721.01.34%
200620.7-4.8%
200521.8-0.43%
200421.9-0.78%
200322.020.39%
200218.3-4.88%
200119.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.30-30.62%๐Ÿ‡บ๐Ÿ‡ธ USA
10.2-23.67%๐Ÿ‡บ๐Ÿ‡ธ USA
8.37-37.57%๐Ÿ‡บ๐Ÿ‡ธ USA
9.68-27.84%๐Ÿ‡บ๐Ÿ‡ธ USA
2.13-84.09%๐Ÿ‡บ๐Ÿ‡ธ USA
6.95-48.16%๐Ÿ‡บ๐Ÿ‡ธ USA
8.26-38.40%๐Ÿ‡บ๐Ÿ‡ธ USA
11.1-17.18%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.