Republic Bank
RBCAA
#4847
Rank
C$2.08 B
Marketcap
$107.35
Share price
-0.57%
Change (1 day)
64.40%
Change (1 year)

P/E ratio for Republic Bank (RBCAA)

P/E ratio as of November 2024 (TTM): 16.7

According to Republic Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.677. At the end of 2022 the company had a P/E ratio of 9.03.

P/E ratio history for Republic Bank from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.03-29.28%
202112.842.01%
20209.00-16.58%
201910.84.16%
201810.4-40.37%
201717.4-2.97%
201617.914.49%
201515.6-12.13%
201417.8-10.86%
201320.0440.09%
20123.69-27.25%
20115.08-33.51%
20107.64-24.37%
200910.1-43.57%
200817.9-0.4%
200718.0-21.23%
200622.880.77%
200512.6-20.46%
200415.936.4%
200311.626.94%
20029.16-32.88%
200113.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.9-28.69%๐Ÿ‡บ๐Ÿ‡ธ USA
14.5-13.23%๐Ÿ‡บ๐Ÿ‡ธ USA
11.7-30.05%๐Ÿ‡บ๐Ÿ‡ธ 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.