P/E ratio for Bancolombia (CIB)

P/E ratio history for Bancolombia from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Credicorp BAP	11.6	108.28%	🇧🇲 Bermuda
Itaú Unibanco ITUB	9.36	68.59%	🇧🇷 Brazil
Banco de Chile BCH	7.91	42.54%	🇨🇱 Chile
Banco Latinoamericano de Comercio Exterior BLX	8.13	46.37%	🇵🇦 Panama
Scotiabank BNS	11.7	111.17%	🇨🇦 Canada
Banco Santander México BSMX	4.96	-10.60%	🇲🇽 Mexico
Banco Bilbao Vizcaya Argentaria BBVA	7.90	42.28%	🇪🇸 Spain
Santander SAN	7.22	30.10%	🇪🇸 Spain
Banco Santander-Chile BSAC	14.7	164.54%	🇨🇱 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.