P/E ratio for Bancolombia (CIB)
P/E ratio as of May 2024 (TTM): 6.16
According to Bancolombia 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.15644. At the end of 2022 the company had a P/E ratio of 4.31.
P/E ratio history for Bancolombia from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.31 | -40.28% |
| 2021 | 7.21 | -101.76% |
| 2020 | -411 | -3075.86% |
| 2019 | 13.8 | 32.82% |
| 2018 | 10.4 | -3.16% |
| 2017 | 10.7 | 19.57% |
| 2016 | 8.97 | 25.44% |
| 2015 | 7.15 | -21.75% |
| 2014 | 9.14 | -29.69% |
| 2013 | 13.0 | -6.73% |
| 2012 | 13.9 | 5.86% |
| 2011 | 13.2 | -16.67% |
| 2010 | 15.8 | 16.02% |
| 2009 | 13.6 | 82.74% |
| 2008 | 7.45 | -36.36% |
| 2007 | 11.7 | -13.25% |
| 2006 | 13.5 | 0.56% |
| 2005 | 13.4 | 53.43% |
| 2004 | 8.75 | 48.7% |
| 2003 | 5.88 | 12.1% |
| 2002 | 5.25 | -8.33% |
| 2001 | 5.73 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Banco Bilbao Vizcaya Argentaria BBVA | 8.89 | 44.45% | 🇪🇸 Spain |
 Banco de Chile
BCH | 8.29 | 34.73% | 🇨🇱 Chile |
 Banco Latinoamericano de Comercio Exterior BLX | 7.42 | 20.45% | 🇵🇦 Panama |
 Banco Santander-Chile BSAC | 15.1 | 144.92% | 🇨🇱 Chile |
 Banco Santander México BSMX | 4.96 | -19.38% | 🇲🇽 Mexico |
 Santander SAN | 8.00 | 29.94% | 🇪🇸 Spain |
 Scotiabank BNS | 10.1 | 63.90% | 🇨🇦 Canada |
 Itaú Unibanco
ITUB | 10.4 | 69.41% | 🇧🇷 Brazil |
 Credicorp BAP | 9.55 | 55.06% | 🇧🇲 Bermuda |
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.