P/E ratio for Santander (SAN)
P/E ratio as of May 2023 (TTM): 5.74
According to Santander's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.7373. At the end of 2014 the company had a P/E ratio of 14.1.
P/E ratio history for Santander from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2014 | 14.1 | -19.06% |
| 2013 | 17.4 | -37.55% |
| 2012 | 27.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Bank of America BAC | 8.41 | 46.61% | 🇺🇸 USA |
 HSBC HSBC | 7.97 | 38.88% | 🇬🇧 UK |
 Deutsche Bank DB | 4.04 | -29.62% | 🇩🇪 Germany |
 Banco Bilbao Vizcaya Argentaria BBVA | 7.17 | 25.03% | 🇪🇸 Spain |
 Banco Santander-Chile BSAC | 8.36 | 45.77% | 🇨🇱 Chile |
 Banco Santander México BSMX | 4.96 | -13.49% | 🇲🇽 Mexico |
 Itaú Unibanco
ITUB | 9.22 | 60.68% | 🇧🇷 Brazil |
 Barclays BCS | 3.87 | -32.52% | 🇬🇧 UK |
 Bancolombia
CIB | 3.48 | -39.35% | 🇨🇴 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.