P/E ratio for Banco Bradesco (BBD)

P/E ratio history for Banco Bradesco from 2002 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Itaú Unibanco ITUB	9.53	10.36%	🇧🇷 Brazil
CIBC CM	17.3	100.57%	🇨🇦 Canada
Royal Bank Of Canada RY	15.8	82.68%	🇨🇦 Canada
Banco Bilbao Vizcaya Argentaria BBVA	8.26	-4.35%	🇪🇸 Spain
HSBC HSBC	6.64	-23.06%	🇬🇧 UK
Banco de Chile BCH	7.82	-9.46%	🇨🇱 Chile

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.