P/E ratio for Banco Bradesco (BBD)
P/E ratio as of May 2024 (TTM): 9.42
According to Banco Bradesco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.42439. At the end of 2022 the company had a P/E ratio of 7.46.
P/E ratio history for Banco Bradesco from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.46 | -16.9% |
| 2021 | 8.98 | |
| 2017 | 10.4 | 32.18% |
| 2016 | 7.83 | 89.72% |
| 2015 | 4.13 | -22.32% |
| 2014 | 5.31 | 38.18% |
| 2013 | 3.85 | -66.42% |
| 2012 | 11.5 | 11.36% |
| 2011 | 10.3 | -27.91% |
| 2010 | 14.3 | -16.99% |
| 2009 | 17.2 | 26.37% |
| 2008 | 13.6 | -56.9% |
| 2007 | 31.5 | 7.3% |
| 2006 | 29.4 | 2.35% |
| 2005 | 28.7 | 0.29% |
| 2004 | 28.6 | 30.02% |
| 2003 | 22.0 | 559597.03% |
| 2002 | 0.0039 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Royal Bank Of Canada RY | 13.8 | 46.01% | 🇨🇦 Canada |
 HSBC HSBC | 6.39 | -32.17% | 🇬🇧 UK |
 Banco Bilbao Vizcaya Argentaria BBVA | 8.80 | -6.59% | 🇪🇸 Spain |
 Banco de Chile
BCH | 8.24 | -12.60% | 🇨🇱 Chile |
 CIBC CM | 13.5 | 42.97% | 🇨🇦 Canada |
 Itaú Unibanco
ITUB | 10.3 | 9.65% | 🇧🇷 Brazil |
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.