Northrim BanCorp
NRIM
#6800
Rank
A$0.70 B
Marketcap
$127.99
Share price
-2.18%
Change (1 day)
73.74%
Change (1 year)

P/E ratio for Northrim BanCorp (NRIM)

P/E ratio as of November 2024 (TTM): 16.9

According to Northrim BanCorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.9402. At the end of 2022 the company had a P/E ratio of 10.2.

P/E ratio history for Northrim BanCorp from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.242.76%
20217.179.42%
20206.55-47.29%
201912.410.09%
201811.3-36.6%
201717.817.83%
201615.147.79%
201510.20.2%
201410.2-26.46%
201313.923.21%
201211.313.27%
20119.95-26.36%
201013.5-2.35%
200913.829.08%
200810.7-8.76%
200711.7-11.02%
200613.2-2.04%
200513.5-9.16%
200414.813.53%
200313.135.52%
20029.64-20.99%
200112.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.4-32.74%๐Ÿ‡บ๐Ÿ‡ธ USA
8.94-47.22%๐Ÿ‡บ๐Ÿ‡ธ USA
11.5-31.88%๐Ÿ‡บ๐Ÿ‡ธ USA
13.0-23.05%๐Ÿ‡บ๐Ÿ‡ธ USA
10.9-35.84%๐Ÿ‡บ๐Ÿ‡ธ USA
10.1-40.35%๐Ÿ‡บ๐Ÿ‡ธ USA
15.3-9.53%๐Ÿ‡บ๐Ÿ‡ธ USA
15.7-7.33%๐Ÿ‡บ๐Ÿ‡ธ USA
9.15-46.01%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.