According to PacWest Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.63255. At the end of 2022 the company had a P/E ratio of 6.79.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.79 | -23.34% |
2021 | 8.86 | -468.92% |
2020 | -2.40 | -124.4% |
2019 | 9.84 | 9.97% |
2018 | 8.95 | -48.17% |
2017 | 17.3 | -8.06% |
2016 | 18.8 | 22.83% |
2015 | 15.3 | -34.78% |
2014 | 23.4 | -40.61% |
2013 | 39.5 | 143.72% |
2012 | 16.2 | 17.9% |
2011 | 13.7 | -216.25% |
2010 | -11.8 | -82.41% |
2009 | -67.2 | 6599.19% |
2008 | -1.00 | -107.68% |
2007 | 13.1 | -19.1% |
2006 | 16.1 | -9.5% |
2005 | 17.8 | -1.89% |
2004 | 18.2 | 4.07% |
2003 | 17.5 | -13.05% |
2002 | 20.1 | 29.9% |
2001 | 15.5 |
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.