P/E ratio for CVB Financial (CVBF)
P/E ratio as of November 2023 (TTM): 10.3
According to CVB Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.3392. At the end of 2022 the company had a P/E ratio of 15.5.
P/E ratio history for CVB Financial from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.5 | 13.75% |
| 2021 | 13.6 | -9.09% |
| 2020 | 15.0 | 3.57% |
| 2019 | 14.5 | -10.51% |
| 2018 | 16.2 | -34.74% |
| 2017 | 24.8 | 0.58% |
| 2016 | 24.7 | 35.52% |
| 2015 | 18.2 | 11.3% |
| 2014 | 16.3 | -12.85% |
| 2013 | 18.8 | 33.47% |
| 2012 | 14.1 | 7.89% |
| 2011 | 13.0 | -11.36% |
| 2010 | 14.7 | -4.76% |
| 2009 | 15.4 | -2.76% |
| 2008 | 15.9 | 10.48% |
| 2007 | 14.4 | -8.23% |
| 2006 | 15.6 | -12.06% |
| 2005 | 17.8 | -15.11% |
| 2004 | 21.0 | 19.55% |
| 2003 | 17.5 | -1.39% |
| 2002 | 17.8 | 9.25% |
| 2001 | 16.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Sierra Bancorp
BSRR | 7.55 | -26.94% | 🇺🇸 USA |
 PacWest Bancorp PACW | -0.6594 | -106.38% | 🇺🇸 USA |
 Pacific Premier Bancorp
PPBI | 8.84 | -14.53% | 🇺🇸 USA |
 Pacific Mercantile Bancorp PMBC | N/A | N/A | 🇺🇸 USA |
 Central Valley Community Bancorp
CVCY | 7.35 | -28.89% | 🇺🇸 USA |
 Cathay General Bancorp CATY | 7.10 | -31.31% | 🇺🇸 USA |
 1st Source
SRCE | 9.34 | -9.65% | 🇺🇸 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.