Itaรบ Unibanco
ITUB
#329
Rank
$48.71 B
Marketcap
$4.97
Share price
-0.13%
Change (1 day)
29.43%
Change (1 year)

P/E ratio for Itaรบ Unibanco (ITUB)

P/E ratio as of December 2022 (TTM): 8.61

According to Itaรบ Unibanco 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.60861. At the end of 2021 the company had a P/E ratio of 7.66.

P/E ratio history for Itaรบ Unibanco from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20217.66-53.3%
202016.450.53%
201910.9-10.05%
201812.125.76%
20179.6324.73%
20167.7254.96%
20154.98-37.43%
20147.97-8.03%
20138.66-22.53%
201211.29.15%
201110.2-16.78%
201012.3-23.3%
200916.0-1.54%
200816.315.74%
200714.1-5.07%
200614.839.32%
200510.6-45.07%
200419.498.51%
20039.76-2.07%
20029.97

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.3 31.08%๐Ÿ‡จ๐Ÿ‡ฆ Canada
11.5 33.33%๐Ÿ‡บ๐Ÿ‡ธ USA
6.40-25.69%๐Ÿ‡บ๐Ÿ‡ธ USA
5.64-34.52%๐Ÿ‡ช๐Ÿ‡ธ Spain
7.91-8.12%๐Ÿ‡จ๐Ÿ‡ฆ Canada
11.2 30.10%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
4.29-50.21% Colombia

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.