Zions Bancorporation
ZION
#2564
Rank
$4.35 B
Marketcap
$29.33
Share price
3.82%
Change (1 day)
-57.94%
Change (1 year)

P/E ratio for Zions Bancorporation (ZION)

P/E ratio as of March 2023 (TTM): 5.53

According to Zions Bancorporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.53396. At the end of 2021 the company had a P/E ratio of 9.33.

P/E ratio history for Zions Bancorporation from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20219.33-34.5%
202014.220.97%
201911.826%
20189.34-50.18%
201718.8-12.84%
201621.5-5.41%
201522.738.05%
201416.5-12.54%
201318.8-14.59%
201222.1
2010-9.69

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.28 49.67%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
17.3 211.93%๐Ÿ‡บ๐Ÿ‡ธ USA
16.4 196.99%๐Ÿ‡บ๐Ÿ‡ธ USA
3.62-34.50%๐Ÿ‡บ๐Ÿ‡ธ USA
13.2 138.26%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.