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 |
|---|---|---|
| 2021 | 9.33 | -34.5% |
| 2020 | 14.2 | 20.97% |
| 2019 | 11.8 | 26% |
| 2018 | 9.34 | -50.18% |
| 2017 | 18.8 | -12.84% |
| 2016 | 21.5 | -5.41% |
| 2015 | 22.7 | 38.05% |
| 2014 | 16.5 | -12.54% |
| 2013 | 18.8 | -14.59% |
| 2012 | 22.1 | |
| 2010 | -9.69 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 U.S. Bancorp USB | 8.28 | 49.67% | 🇺🇸 USA |
 Pacific Mercantile Bancorp PMBC | N/A | N/A | 🇺🇸 USA |
 Glacier Bancorp
GBCI | 17.3 | 211.93% | 🇺🇸 USA |
 First Interstate BancSystem FIBK | 16.4 | 196.99% | 🇺🇸 USA |
 Western Alliance Bancorporation
WAL | 3.62 | -34.50% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 13.2 | 138.26% | 🇺🇸 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.