PacWest Bancorp
PACW
#5657
Rank
โ‚ฌ0.83 B
Marketcap
6,93ย โ‚ฌ
Share price
-2.71%
Change (1 day)
-23.54%
Change (1 year)

P/E ratio for PacWest Bancorp (PACW)

P/E ratio on February 2, 2024 (TTM): -0.6326

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.

P/E ratio history for PacWest Bancorp from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.79-23.34%
20218.86-468.92%
2020-2.40-124.4%
20199.849.97%
20188.95-48.17%
201717.3-8.06%
201618.822.83%
201515.3-34.78%
201423.4-40.61%
201339.5143.72%
201216.217.9%
201113.7-216.25%
2010-11.8-82.41%
2009-67.26599.19%
2008-1.00-107.68%
200713.1-19.1%
200616.1-9.5%
200517.8-1.89%
200418.24.07%
200317.5-13.05%
200220.129.9%
200115.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.38-1,424.66%๐Ÿ‡บ๐Ÿ‡ธ USA
11.1-1,852.86%๐Ÿ‡บ๐Ÿ‡ธ USA
7.59-1,300.41%๐Ÿ‡บ๐Ÿ‡ธ USA
10.8-1,811.49%๐Ÿ‡บ๐Ÿ‡ธ USA
13.6-2,256.40%๐Ÿ‡บ๐Ÿ‡ธ USA
4.14-755.10%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
9.83-1,654.55%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.