Latest Ratios: P/E Ratio 11.1x · EV/EBITDA 7.1x · ROE 15.8%. (1998–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $22.7B | $15.2B | $7.6B | $7.4B | $6.9B | $1.9B | $2.4B | $3.3B | $2.3B | $2.4B | $2.2B |
| Enterprise Value | $21.7B | $-3406037886170 | $2.80T | $604.8B | $12.40T | $6.93T | $10.99T | $16.31T | $21.14T | $19.42T | $21.71T |
| P/E Ratio → | 11.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| P/S Ratio | 2.45 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| P/B Ratio | 1.83 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| P/FCF | 7.46 | 0.00 | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 0.00 | 0.00 |
| P/OCF | 6.10 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | -0.11 | 0.10 | 0.02 | 0.51 | 0.40 | 0.70 | 1.04 | 1.46 | 1.33 | 1.61 |
| EV / EBITDA | 7.15 | -0.34 | 0.29 | 0.07 | 1.16 | 1.01 | 10.51 | 3.16 | 5.18 | 4.39 | 4.88 |
| EV / EBIT | 7.99 | -0.38 | 0.32 | 0.07 | 1.27 | 1.16 | 35.58 | 3.64 | 5.85 | 4.86 | 5.47 |
| EV / FCF | — | -0.34 | — | 0.04 | 4.43 | 1.57 | 1.13 | 1.52 | 735.06 | 10.75 | 8.62 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 85.9% | 85.9% | 80.4% | 73.8% | 84.4% | 86.0% | 52.1% | 78.3% | 73.5% | 76.3% | 79.8% |
| Operating Margin | 29.2% | 29.2% | 31.4% | 28.6% | 40.2% | 34.5% | 2.0% | 28.5% | 25.0% | 27.3% | 29.4% |
| Net Profit Margin | 22.2% | 22.2% | 22.5% | 21.5% | 28.0% | 23.6% | 1.8% | 19.8% | 18.4% | 17.9% | 21.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 15.8% | 15.8% | 15.0% | 15.5% | 18.4% | 13.2% | 1.0% | 11.2% | 10.4% | 11.1% | 13.4% |
| ROA | 1.8% | 1.8% | 1.8% | 1.8% | 2.1% | 1.5% | 0.1% | 1.4% | 1.3% | 1.3% | 1.5% |
| ROIC | 9.9% | 9.9% | 9.0% | 8.0% | 10.0% | 7.0% | 0.4% | 5.1% | 4.3% | 4.9% | 4.8% |
| ROCE | 3.9% | 3.9% | 10.4% | 8.8% | 11.2% | 8.3% | 0.4% | 6.1% | 5.2% | 6.0% | 5.8% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.47 | 0.47 | 0.67 | 0.83 | 1.03 | 0.93 | 1.22 | 1.29 | 1.46 | 1.50 | 1.76 |
| Debt / EBITDA | 1.94 | 1.94 | 3.06 | 3.53 | 3.85 | 4.60 | 32.88 | 7.18 | 9.54 | 8.29 | 8.88 |
| Net Debt / Equity | — | -0.08 | 0.06 | 0.02 | 0.31 | 0.20 | 0.39 | 0.57 | 0.79 | 0.80 | 0.97 |
| Net Debt / EBITDA | -0.34 | -0.34 | 0.29 | 0.06 | 1.16 | 1.01 | 10.51 | 3.16 | 5.18 | 4.39 | 4.88 |
| Debt / FCF | — | -0.34 | — | 0.04 | 4.43 | 1.57 | 1.13 | 1.52 | 734.98 | 10.75 | 8.62 |
| Interest Coverage | 0.72 | 0.72 | 0.58 | 0.49 | 1.15 | 1.38 | 0.05 | 0.72 | 0.64 | 0.64 | 0.66 |
Net cash position: cash ($22.78T) exceeds total debt ($19.36T)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 33.73 | 33.73 | 0.21 | 0.26 | 0.24 | 0.24 | 0.26 | 0.30 | 0.29 | 0.30 | 0.32 |
| Quick Ratio | 33.73 | 33.73 | 0.21 | 0.26 | 0.24 | 0.24 | 0.26 | 0.30 | 0.29 | 0.30 | 0.32 |
| Cash Ratio | 33.73 | 33.73 | 0.09 | 0.13 | 0.11 | 0.11 | 0.12 | 0.13 | 0.12 | 0.13 | 0.14 |
| Asset Turnover | — | 0.08 | 0.07 | 0.08 | 0.07 | 0.06 | 0.06 | 0.07 | 0.07 | 0.07 | 0.07 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 6.9% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Payout Ratio | 76.7% | 76.7% | 54.2% | 53.9% | 34.1% | 11.4% | 563.7% | 33.1% | 27.7% | 43.1% | 29.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 9.0% | 44730.2% | 82722.9% | 82674.2% | 98843.7% | 53798.7% | 11426.5% | 94645.0% | 116084.0% | 112153.3% | 132606.3% |
| FCF Yield | 13.4% | 66066.9% | — | 226264.2% | 40809.1% | 232592.6% | 401601.0% | 326691.7% | 1255.9% | 75816.8% | 114236.1% |
| Buyback Yield | 0.6% | 100.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 7.5% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Shares Outstanding | — | $238M | $240M | $240M | $240M | $60M | $60M | $60M | $60M | $60M | $60M |
Includes 30+ ratios · 28 years · Updated daily
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Quick answers to the most common questions about buying CIB stock.
Grupo Cibest S.A.'s current P/E ratio is 11.1x. The historical average is 0.0x. This places it at the 100th percentile of its historical range.
Grupo Cibest S.A.'s current EV/EBITDA is 7.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 4.1x.
Grupo Cibest S.A.'s return on equity (ROE) is 15.8%. The historical average is 14.1%.
Based on historical data, Grupo Cibest S.A. is trading at a P/E of 11.1x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Grupo Cibest S.A.'s current dividend yield is 6.92% with a payout ratio of 76.7%.
Grupo Cibest S.A. has 85.9% gross margin and 29.2% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Grupo Cibest S.A.'s Debt/EBITDA ratio is 1.9x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.
Key Metrics
Top Statement Risk
NIM Compression Risk
Premium Valuation Reflects Profitability Breakout
At a P/B of 1.82x, CIB trades at a significant premium to regional peers like BBVA Argentina (1.27x) and Banco Macro (1.42x), suggesting the market is pricing in the bank's superior profitability and digital growth optionality from Nequi, as indicated by its trailing P/E of 10.98.
The current P/B multiple, while below its own historical peak, implies the market expects a sustainable return on tangible equity (ROTCE) well above its cost of equity, a view supported by the Q2 2026 ROE expansion to 6.7%. The valuation gap versus lower-ROE peers appears structural, but the absence of forward earnings guidance introduces uncertainty about whether the current profitability inflection is durable.
NIM Expansion Drives Profitability Surge
CIB's return on equity surged to 6.7% in 2026Q2, a dramatic improvement from 3.7% the prior quarter, driven almost entirely by a 30-basis-point expansion in the Net Interest Margin to 1.6%, as reported in its latest financial statements.
This DuPont decomposition reveals that the profitability breakout is not from increased leverage or fee income, which actually declined as a percentage of revenue, but from a structural improvement in spread generation. The bank's ability to reprice assets faster than its funding costs in the current rate environment appears to be the primary driver, though sustaining this NIM will depend on the trajectory of Colombian policy rates and competitive pressures.
Efficiency Gains Compound NIM Benefit
The efficiency ratio improved substantially to 48.2% in 2026Q2 from 54.7% in the prior quarter, demonstrating strong operating leverage as non-interest expense growth was contained while net interest income surged 16.4% year-over-year.
This improvement suggests that management's cost discipline is bearing fruit, allowing more of the NIM expansion to flow to the bottom line. However, the ratio's volatility over the last ten quarters (ranging from 45.6% to 58.2%) indicates that cost control may be cyclical rather than structural, and investors should monitor whether the recent gains can be maintained as the digital investment cycle continues.
Equity Ratio Compression Bears Watching
Based on reported financial statements, CIB's equity-to-assets ratio compressed to 10.5% in 2026Q2 from 11.6% a year ago, as the bank's dividend and buyback policies appear to be distributing capital faster than it can be internally generated from retained earnings.
While the bank remains well above regulatory minimums, this downward trend in the equity ratio limits future capacity for balance sheet expansion and capital return without external issuance. The recent $261.3B COP in share repurchases alongside a $2.3T COP dividend payout suggests a management commitment to shareholder returns that may require closer monitoring against the capital needed to fund loan growth and absorb potential credit losses.
Provision Volatility Signals Uneven Credit Cycle
Loan loss provisions fell to $913.2B COP in 2026Q2 from $1.2T in the prior quarter, yet as reported in recent filings, remain elevated versus the 2024 average, implying that while the acute phase of credit stress may have passed, underlying asset quality has not yet stabilized on a clear improving path.
The high volatility in provision charges over the last several quarters complicates the assessment of true underlying asset quality. The current reserve level, when viewed against the bank's 0.7% ROA, suggests that credit costs are still consuming a significant portion of operating profits, and any deterioration in the Colombian macroeconomic environment could quickly reverse the recent profitability gains.
P/B Multiple Overshadows AOCI Risk
The most commonly misapplied metric to CIB is likely its P/B ratio of 1.82x, which may obscure the significant unrealized losses embedded in its $308.0T COP securities portfolio that could erode tangible book value if rates rise further.
Analysts often use P/B to value banks, but this assumes the book value of equity is a stable proxy for tangible value. For CIB, with investment securities representing 88% of total assets, a sustained rise in Colombian rates would generate unrealized losses that directly reduce the tangible equity base, making the P/TBV ratio a more relevant and conservative measure. The current P/B multiple may therefore overstate the bank's valuation if it does not adequately discount this duration risk.