CVB Financial
CVBF
#3532
Rank
$2.32 B
Marketcap
$16.68
Share price
1.83%
Change (1 day)
-28.75%
Change (1 year)

P/E ratio for CVB Financial (CVBF)

P/E ratio as of March 2023 (TTM): 10.1

According to CVB Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.0542. At the end of 2021 the company had a P/E ratio of 13.6.

P/E ratio history for CVB Financial from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202113.6-9.09%
202015.03.57%
201914.5-10.51%
201816.2-34.74%
201724.80.58%
201624.735.52%
201518.211.3%
201416.3-12.85%
201318.833.47%
201214.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.70-23.45%๐Ÿ‡บ๐Ÿ‡ธ USA
2.88-71.32%๐Ÿ‡บ๐Ÿ‡ธ USA
8.02-20.28%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
9.10-9.52%๐Ÿ‡บ๐Ÿ‡ธ USA
7.09-29.49%๐Ÿ‡บ๐Ÿ‡ธ USA
8.90-11.45%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.