P/E ratio for Glacier Bancorp (GBCI)
P/E ratio as of April 2024 (TTM): 16.6
According to Glacier Bancorp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.5804. 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 |
|---|---|---|
| 2022 | 18.0 | -7.43% |
| 2021 | 19.5 | 18.58% |
| 2020 | 16.4 | -14.96% |
| 2019 | 19.3 | 6.32% |
| 2018 | 18.2 | -30.79% |
| 2017 | 26.3 | 15.25% |
| 2016 | 22.8 | 32.27% |
| 2015 | 17.2 | -6.33% |
| 2014 | 18.4 | -19.13% |
| 2013 | 22.7 | 62.32% |
| 2012 | 14.0 | -72.05% |
| 2011 | 50.1 | 102.36% |
| 2010 | 24.8 | 1.1% |
| 2009 | 24.5 | 54.57% |
| 2008 | 15.9 | 31.94% |
| 2007 | 12.0 | -39.54% |
| 2006 | 19.9 | 5.53% |
| 2005 | 18.8 | 0.88% |
| 2004 | 18.7 | 13.39% |
| 2003 | 16.5 | 31.72% |
| 2002 | 12.5 | -17.76% |
| 2001 | 15.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Zions Bancorporation
ZION | 7.73 | -53.41% | 🇺🇸 USA |
 Wells Fargo WFC | 12.8 | -22.64% | 🇺🇸 USA |
 U.S. Bancorp USB | 12.2 | -26.14% | 🇺🇸 USA |
 First Interstate BancSystem FIBK | 9.95 | -40.00% | 🇺🇸 USA |
 Western Alliance Bancorporation
WAL | 7.43 | -55.17% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 10.1 | -39.18% | 🇺🇸 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.