P/E ratio for Credicorp (BAP)
P/E ratio as of September 2023 (TTM): 7.53
According to Credicorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.53022. At the end of 2021 the company had a P/E ratio of 10.7.
P/E ratio history for Credicorp from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.7 | -92.19% |
| 2020 | 138 | 943.64% |
| 2019 | 13.2 | -12.88% |
| 2018 | 15.1 | 17.4% |
| 2017 | 12.9 | 9.41% |
| 2016 | 11.8 | 46.54% |
| 2015 | 8.04 | -46.91% |
| 2014 | 15.1 | -12.38% |
| 2013 | 17.3 | 27% |
| 2012 | 13.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Royal Bank Of Canada RY | 11.4 | 51.60% | 🇨🇦 Canada |
 Toronto Dominion Bank TD | 10.5 | 39.59% | 🇨🇦 Canada |
 Banco de Chile
BCH | 6.48 | -13.93% | 🇨🇱 Chile |
 Scotiabank BNS | 9.57 | 27.05% | 🇨🇦 Canada |
 Galicia Financial Group GGAL | 6.57 | -12.70% | 🇦🇷 Argentina |
 Itaú Unibanco
ITUB | 8.47 | 12.41% | 🇧🇷 Brazil |
 Bancolombia
CIB | 4.52 | -39.96% | 🇨🇴 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.