P/E ratio for Banco Latinoamericano de Comercio Exterior (BLX)

P/E ratio history for Banco Latinoamericano de Comercio Exterior from 2001 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
Credicorp BAP	11.5	40.51%	🇧🇲 Bermuda
Banco Macro BMA	0.8946	-89.06%	🇦🇷 Argentina
Bancolombia CIB	5.56	-32.02%	🇨🇴 Colombia
Itaú Unibanco ITUB	9.34	14.31%	🇧🇷 Brazil
Galicia Financial Group GGAL	26.4	222.40%	🇦🇷 Argentina

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.