P/E ratio for Bank of Montreal (BMO)
P/E ratio as of May 2024 (TTM): 12.6
According to Bank of Montreal 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.5676. At the end of 2022 the company had a P/E ratio of 5.90.
P/E ratio history for Bank of Montreal from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.90 | -49.18% |
| 2021 | 11.6 | -13.84% |
| 2020 | 13.5 | 14.04% |
| 2019 | 11.8 | 15.02% |
| 2018 | 10.3 | -21.43% |
| 2017 | 13.1 | -4.62% |
| 2016 | 13.7 | 26.05% |
| 2015 | 10.9 | -10.41% |
| 2014 | 12.1 | 10.1% |
| 2013 | 11.0 | 11.55% |
| 2012 | 9.88 | -9.26% |
| 2011 | 10.9 | -12.34% |
| 2010 | 12.4 | -35.35% |
| 2009 | 19.2 | 167.45% |
| 2008 | 7.18 | -50.41% |
| 2007 | 14.5 | 14.27% |
| 2006 | 12.7 | -11.79% |
| 2005 | 14.4 | 2.79% |
| 2004 | 14.0 | -12% |
| 2003 | 15.9 | 19.69% |
| 2002 | 13.3 | 16.94% |
| 2001 | 11.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Royal Bank Of Canada RY | 13.5 | 7.06% | 🇨🇦 Canada |
 Wells Fargo WFC | 13.2 | 5.20% | 🇺🇸 USA |
 Citigroup C | 9.22 | -26.66% | 🇺🇸 USA |
 Toronto Dominion Bank TD | 9.87 | -21.43% | 🇨🇦 Canada |
 CIBC CM | 13.6 | 8.33% | 🇨🇦 Canada |
 Scotiabank BNS | 10.0 | -20.14% | 🇨🇦 Canada |
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.