P/E ratio for Commerce Bancshares (CBSH)

P/E ratio history for Commerce Bancshares 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
UMB Financial UMBF	15.6	-10.19%	🇺🇸 USA
Wintrust Financial WTFC	12.7	-26.67%	🇺🇸 USA
National Bank Holdings NBHC	14.9	-13.91%	🇺🇸 USA
First Citizens BancShares FCNCA	2.83	-83.66%	🇺🇸 USA
QCR Holdings QCRH	13.3	-23.24%	🇺🇸 USA
MidWestOne Financial Group MOFG	14.7	-15.12%	🇺🇸 USA
Enterprise Financial Services Corp EFSC	10.5	-39.25%	🇺🇸 USA
Great Southern Bancorp GSBC	10.1	-41.92%	🇺🇸 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.