Glacier Bancorp
GBCI
#2686
Rank
โ‚ฌ4.67 B
Marketcap
41,27ย โ‚ฌ
Share price
1.85%
Change (1 day)
57.67%
Change (1 year)

P/E ratio for Glacier Bancorp (GBCI)

P/E ratio as of September 2024 (TTM): 20.4

According to Glacier Bancorp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.4152. At the end of 2022 the company had a P/E ratio of 18.0.

P/E ratio history for Glacier Bancorp from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202218.0-7.43%
202119.518.58%
202016.4-14.96%
201919.36.32%
201818.2-30.79%
201726.315.25%
201622.832.27%
201517.2-6.33%
201418.4-19.13%
201322.762.32%
201214.0-72.05%
201150.1102.36%
201024.81.1%
200924.554.57%
200815.931.94%
200712.0-39.54%
200619.95.53%
200518.80.88%
200418.713.39%
200316.531.72%
200212.5-17.76%
200115.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.69-57.44%๐Ÿ‡บ๐Ÿ‡ธ USA
11.4-44.08%๐Ÿ‡บ๐Ÿ‡ธ USA
12.7-37.73%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7-47.41%๐Ÿ‡บ๐Ÿ‡ธ USA
13.4-34.14%๐Ÿ‡บ๐Ÿ‡ธ USA
11.6-43.09%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.