CVB Financial
CVBF
#3488
Rank
โ‚น271.19 B
Marketcap
โ‚น1,942
Share price
-0.26%
Change (1 day)
42.56%
Change (1 year)

P/E ratio for CVB Financial (CVBF)

P/E ratio as of November 2024 (TTM): 13.5

According to CVB Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.4561. At the end of 2022 the company had a P/E ratio of 15.5.

P/E ratio history for CVB Financial from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.513.75%
202113.6-9.09%
202015.03.57%
201914.5-10.51%
201816.2-34.74%
201724.80.58%
201624.735.52%
201518.211.3%
201416.3-12.85%
201318.833.47%
201214.17.89%
201113.0-11.36%
201014.7-4.76%
200915.4-2.76%
200815.910.48%
200714.4-8.23%
200615.6-12.06%
200517.8-15.11%
200421.019.55%
200317.5-1.39%
200217.89.25%
200116.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.5-0.01%๐Ÿ‡บ๐Ÿ‡ธ USA
13.1-2.74%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.6326-104.70%๐Ÿ‡บ๐Ÿ‡ธ USA
11.2-16.57%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
8.54-36.56%๐Ÿ‡บ๐Ÿ‡ธ USA
10.3-23.58%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.