P/E ratio for Hanmi Financial (HAFC)
P/E ratio as of June 2024 (TTM): 5.25
According to Hanmi Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.24746. At the end of 2022 the company had a P/E ratio of 7.45.
P/E ratio history for Hanmi Financial from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.45 | 1.69% |
| 2021 | 7.33 | -10.78% |
| 2020 | 8.22 | -56.04% |
| 2019 | 18.7 | 71.73% |
| 2018 | 10.9 | -39.04% |
| 2017 | 17.9 | -9.97% |
| 2016 | 19.8 | 41.28% |
| 2015 | 14.0 | -15.7% |
| 2014 | 16.6 | -4.17% |
| 2013 | 17.4 | 265.61% |
| 2012 | 4.75 | -11.39% |
| 2011 | 5.36 | -846.66% |
| 2010 | -0.7182 | 52.61% |
| 2009 | -0.4706 | -48.83% |
| 2008 | -0.9196 | -86.56% |
| 2007 | -6.84 | -140.69% |
| 2006 | 16.8 | 10.14% |
| 2005 | 15.3 | -45.63% |
| 2004 | 28.1 | 92.91% |
| 2003 | 14.6 | -5.65% |
| 2002 | 15.4 | 0.49% |
| 2001 | 15.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Westamerica Bancorporation
WABC | 7.99 | 52.20% | 🇺🇸 USA |
 Univest UVSP | 8.05 | 53.38% | 🇺🇸 USA |
 Renasant Corp RNST | 10.2 | 95.15% | 🇺🇸 USA |
 PacWest Bancorp PACW | -0.6326 | -112.05% | 🇺🇸 USA |
 Pacific Premier Bancorp
PPBI | 8.68 | 65.46% | 🇺🇸 USA |
 Pacific Mercantile Bancorp PMBC | N/A | N/A | 🇺🇸 USA |
 CVB Financial CVBF | 9.47 | 80.43% | 🇺🇸 USA |
 Heritage Commerce HTBK | 6.86 | 30.81% | 🇺🇸 USA |
 Cullen/Frost Bankers CFR | 9.69 | 84.66% | 🇺🇸 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.