P/E ratio for U.S. Bancorp (USB)
P/E ratio as of June 2023 (TTM): 8.44
According to U.S. Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.44016. At the end of 2021 the company had a P/E ratio of 11.0.
P/E ratio history for U.S. Bancorp from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 11.0 | -27.57% |
| 2020 | 15.2 | 6.74% |
| 2019 | 14.2 | 29.12% |
| 2018 | 11.0 | -27.45% |
| 2017 | 15.2 | -3.68% |
| 2016 | 15.8 | 17.43% |
| 2015 | 13.4 | -7.76% |
| 2014 | 14.5 | 8.38% |
| 2013 | 13.4 | 19.76% |
| 2012 | 11.2 | 2.33% |
| 2011 | 11.0 | -28.94% |
| 2010 | 15.4 | -33.59% |
| 2009 | 23.2 | 50.32% |
| 2008 | 15.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Bank of America BAC | 8.60 | 1.86% | 🇺🇸 USA |
 Wells Fargo WFC | 11.7 | 38.42% | 🇺🇸 USA |
 Citigroup C | 6.27 | -25.67% | 🇺🇸 USA |
 Great Southern Bancorp GSBC | 8.13 | -3.73% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 12.4 | 46.60% | 🇺🇸 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.