P/E ratio for Cullen/Frost Bankers (CFR)
P/E ratio as of April 2024 (TTM): 10.9
According to Cullen/Frost Bankers's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.9208. At the end of 2022 the company had a P/E ratio of 15.1.
P/E ratio history for Cullen/Frost Bankers from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.1 | -18.63% |
| 2021 | 18.6 | 8.77% |
| 2020 | 17.1 | 20.11% |
| 2019 | 14.2 | 12.64% |
| 2018 | 12.6 | -25.88% |
| 2017 | 17.0 | -8.93% |
| 2016 | 18.7 | 34.28% |
| 2015 | 13.9 | -15.06% |
| 2014 | 16.4 | -15.88% |
| 2013 | 19.5 | 38.58% |
| 2012 | 14.1 | -5.4% |
| 2011 | 14.9 | -16.59% |
| 2010 | 17.8 | 7.27% |
| 2009 | 16.6 | 15.05% |
| 2008 | 14.4 | 2.6% |
| 2007 | 14.1 | -12.02% |
| 2006 | 16.0 | -6.44% |
| 2005 | 17.1 | -3.27% |
| 2004 | 17.7 | 10.65% |
| 2003 | 16.0 | 11.86% |
| 2002 | 14.3 | -27.4% |
| 2001 | 19.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Southside Bancshares SBSI | 9.11 | -16.62% | 🇺🇸 USA |
 Independent Bank Group IBTX | 24.3 | 122.34% | 🇺🇸 USA |
 First Financial Bankshares FFIN | 20.5 | 87.50% | 🇺🇸 USA |
 Prosperity Bancshares
PB | 12.5 | 14.37% | 🇺🇸 USA |
 International Bancshares Corp IBOC | 8.93 | -18.23% | 🇺🇸 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.