U.S. Bancorp
USB
#281
Rank
$63.10 B
Marketcap
$40.45
Share price
2.56%
Change (1 day)
14.95%
Change (1 year)

P/E ratio for U.S. Bancorp (USB)

P/E ratio as of April 2024 (TTM): 11.7

According to U.S. Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.7381. At the end of 2022 the company had a P/E ratio of 11.8.

P/E ratio history for U.S. Bancorp from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.86.94%
202111.0-27.57%
202015.26.74%
201914.229.12%
201811.0-27.45%
201715.2-3.68%
201615.817.43%
201513.4-7.76%
201414.58.38%
201313.419.76%
201211.22.33%
201111.0-28.94%
201015.4-33.59%
200923.250.32%
200815.419.65%
200712.9-6.24%
200613.812.79%
200512.2-13.52%
200414.1-7.62%
200315.318.75%
200212.9-44.7%
200123.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.96-15.12%๐Ÿ‡บ๐Ÿ‡ธ USA
12.6 7.16%๐Ÿ‡บ๐Ÿ‡ธ USA
8.48-27.73%๐Ÿ‡บ๐Ÿ‡ธ USA
7.98-32.02%๐Ÿ‡บ๐Ÿ‡ธ USA
9.92-15.53%๐Ÿ‡บ๐Ÿ‡ธ 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.