CaixaBank
CABK.MC
#531
Rank
โ‚น3.295 T
Marketcap
โ‚น459.80
Share price
-4.32%
Change (1 day)
22.03%
Change (1 year)

P/E ratio for CaixaBank (CABK.MC)

P/E ratio as of November 2024 (TTM): 8.72

According to CaixaBank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.72312. At the end of 2022 the company had a P/E ratio of 9.10.

P/E ratio history for CaixaBank from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.10141.07%
20213.77-60.46%
20209.54-14.08%
201911.19.58%
201810.1-27.79%
201714.0-17.77%
201617.1-25.04%
201522.8-41.67%
201439.0-5.73%
201341.4-21.3%
201252.657.47%
201133.434.77%
201024.8

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.