P/E ratio for Bank of Montreal (BMO)

P/E ratio history for Bank of Montreal 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
Toronto Dominion Bank TD	10.5	-4.50%	🇨🇦 Canada
Royal Bank Of Canada RY	15.7	42.15%	🇨🇦 Canada
Scotiabank BNS	10.6	-3.84%	🇨🇦 Canada
CIBC CM	16.4	48.36%	🇨🇦 Canada
Wells Fargo WFC	11.6	5.17%	🇺🇸 USA
Citigroup C	8.59	-22.03%	🇺🇸 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.