P/E ratio for Credicorp (BAP)
P/E ratio as of April 2024 (TTM): 9.79
According to Credicorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.79156. At the end of 2022 the company had a P/E ratio of 8.74.
P/E ratio history for Credicorp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.74 | -7.37% |
| 2021 | 9.44 | -93.17% |
| 2020 | 138 | 948.99% |
| 2019 | 13.2 | -9.22% |
| 2018 | 14.5 | 12.54% |
| 2017 | 12.9 | 9.41% |
| 2016 | 11.8 | 46.54% |
| 2015 | 8.04 | -46.91% |
| 2014 | 15.1 | -14.46% |
| 2013 | 17.7 | 30.09% |
| 2012 | 13.6 | 10.63% |
| 2011 | 12.3 | -20.78% |
| 2010 | 15.5 | 23.12% |
| 2009 | 12.6 | 24.94% |
| 2008 | 10.1 | -40.38% |
| 2007 | 16.9 | 24.38% |
| 2006 | 13.6 | 45.28% |
| 2005 | 9.37 | 0.78% |
| 2004 | 9.30 | -26.14% |
| 2003 | 12.6 | -28.16% |
| 2002 | 17.5 | 39.22% |
| 2001 | 12.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Royal Bank Of Canada RY | 12.6 | 28.97% | 🇨🇦 Canada |
 Toronto Dominion Bank TD | 10.2 | 4.64% | 🇨🇦 Canada |
 Banco de Chile
BCH | 7.53 | -23.05% | 🇨🇱 Chile |
 Scotiabank BNS | 9.76 | -0.33% | 🇨🇦 Canada |
 Galicia Financial Group GGAL | 13.8 | 41.02% | 🇦🇷 Argentina |
 Itaú Unibanco
ITUB | 9.92 | 1.30% | 🇧🇷 Brazil |
 Bancolombia
CIB | 5.43 | -44.50% | 🇨🇴 Colombia |
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.