P/E ratio for Commerce Bancshares (CBSH)

P/E ratio history for Commerce Bancshares from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
UMB Financial UMBF	14.4	-7.86%	🇺🇸 USA
Wintrust Financial WTFC	12.3	-21.32%	🇺🇸 USA
National Bank Holdings NBHC	13.0	-17.05%	🇺🇸 USA
First Citizens BancShares FCNCA	2.75	-82.43%	🇺🇸 USA
QCR Holdings QCRH	12.1	-22.60%	🇺🇸 USA
MidWestOne Financial Group MOFG	13.4	-14.52%	🇺🇸 USA
Enterprise Financial Services Corp EFSC	10.2	-34.83%	🇺🇸 USA
Great Southern Bancorp GSBC	9.37	-40.22%	🇺🇸 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.