P/E ratio for Deutsche Bank (DB)
P/E ratio as of June 2023 (TTM): 4.01
According to Deutsche Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.00663. At the end of 2020 the company had a P/E ratio of 131.
P/E ratio history for Deutsche Bank from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 131 | -5248.68% |
| 2019 | -2.55 | |
| 2017 | -38.4 | |
| 2015 | -4.76 | -127.97% |
| 2014 | 17.0 | |
| 2012 | 157 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Goldman Sachs GS | 11.2 | 178.89% | 🇺🇸 USA |
 JPMorgan Chase JPM | 10.1 | 152.02% | 🇺🇸 USA |
 HSBC HSBC | 7.95 | 98.45% | 🇬🇧 UK |
 Santander SAN | 5.74 | 43.20% | 🇪🇸 Spain |
 UBS UBS | 9.51 | 137.29% | 🇨🇭 Switzerland |
 Credit Suisse CS | -0.3181 | -107.94% | 🇨🇭 Switzerland |
 Barclays BCS | 3.82 | -4.63% | 🇬🇧 UK |
 Commerzbank CBK.F | 19.4 | 383.04% | 🇩🇪 Germany |
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.