Itaú Unibanco
ITUB
#383
Rank
₹4.590 T
Marketcap
₹501.85
Share price
2.47%
Change (1 day)
-7.29%
Change (1 year)

P/E ratio for Itaú Unibanco (ITUB)

P/E ratio as of January 2025 (TTM): 9.26

According to Itaú Unibanco 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.26362. At the end of 2022 the company had a P/E ratio of 8.08.

P/E ratio history for Itaú Unibanco from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.0810.01%
20217.34-46.61%
202013.827.48%
201910.8-2.18%
201811.013.6%
20179.7113.9%
20168.5390.09%
20154.48-37.54%
20147.18-12.44%
20138.20-21.6%
201210.510.36%
20119.48-35.42%
201014.721.1%
200912.1-1.54%
200812.35.06%
200711.7-26.08%
200615.831.46%
200512.1-1.3%
200412.222.99%
20039.9320.73%
20028.23

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.92-14.47%🇪🇸 Spain
10.8 16.36%🇧🇲 Bermuda
16.0 72.94%🇨🇦 Canada
11.9 28.53%🇺🇸 USA
16.0 72.56%🇺🇸 USA
6.75-27.12%🇨🇴 Colombia
10.8 16.74%🇨🇦 Canada

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.