Columbia Banking System
COLB
#2298
Rank
$6.62 B
Marketcap
$31.64
Share price
3.16%
Change (1 day)
43.88%
Change (1 year)

P/E ratio for Columbia Banking System (COLB)

P/E ratio as of November 2024 (TTM): 20.0

According to Columbia Banking System's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.0253. At the end of 2022 the company had a P/E ratio of 14.4.

P/E ratio history for Columbia Banking System from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.4-15.41%
202117.0-428.49%
2020-5.19-120.53%
201925.3-0.41%
201825.4-33.4%
201738.1-9.6%
201642.230.95%
201532.2-10.23%
201435.913.48%
201331.658.52%
201219.9-32.76%
201129.6-80.29%
2010150-2424.3%
2009-6.47-144.48%
200814.5-47.64%
200727.827.37%
200621.819.96%
200518.2-3.95%
200418.911.97%
200316.946.43%
200211.5-56.1%
200126.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.3-18.85%๐Ÿ‡บ๐Ÿ‡ธ USA
13.3-33.77%๐Ÿ‡บ๐Ÿ‡ธ USA
11.9-40.39%๐Ÿ‡บ๐Ÿ‡ธ USA
12.4-38.30%๐Ÿ‡บ๐Ÿ‡ธ USA
13.0-34.86%๐Ÿ‡บ๐Ÿ‡ธ USA
4.14-79.31%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.