Banco Bradesco
BBD
#765
Rank
$26.68 B
Marketcap
$2.63
Share price
-4.36%
Change (1 day)
-13.77%
Change (1 year)

P/E ratio for Banco Bradesco (BBD)

P/E ratio as of September 2024 (TTM): 9.53

According to Banco Bradesco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.53231. 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
20227.46-16.9%
20218.98
201710.432.18%
20167.8389.72%
20154.13-22.32%
20145.3138.18%
20133.85-66.42%
201211.511.36%
201110.3-27.91%
201014.3-16.99%
200917.226.37%
200813.6-56.9%
200731.57.3%
200629.42.35%
200528.70.29%
200428.630.02%
200322.0559597.03%
20020.0039

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.5 10.17%๐Ÿ‡ง๐Ÿ‡ท Brazil
17.0 78.37%๐Ÿ‡จ๐Ÿ‡ฆ Canada
15.9 66.82%๐Ÿ‡จ๐Ÿ‡ฆ Canada
8.88-6.80%๐Ÿ‡ช๐Ÿ‡ธ Spain
6.36-33.26%๐Ÿ‡ฌ๐Ÿ‡ง UK
8.24-13.55%๐Ÿ‡จ๐Ÿ‡ฑ Chile

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.