P/E ratio for Horizon Bancorp (HBNC)
P/E ratio as of March 2025 (TTM): 9.16
According to Horizon Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.1579. At the end of 2022 the company had a P/E ratio of 7.01.
P/E ratio history for Horizon Bancorp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.01 | -33.39% |
| 2021 | 10.5 | 2.91% |
| 2020 | 10.2 | -18.14% |
| 2019 | 12.5 | 9.32% |
| 2018 | 11.4 | -40.98% |
| 2017 | 19.4 | -16.28% |
| 2016 | 23.1 | 62.22% |
| 2015 | 14.3 | 7.51% |
| 2014 | 13.3 | 18.91% |
| 2013 | 11.2 | 35.72% |
| 2012 | 8.22 | 11.01% |
| 2011 | 7.41 | -22.95% |
| 2010 | 9.61 | 41.63% |
| 2009 | 6.79 | 50.93% |
| 2008 | 4.50 | -55.47% |
| 2007 | 10.1 | -13.12% |
| 2006 | 11.6 | 2.48% |
| 2005 | 11.3 | -2.36% |
| 2004 | 11.6 | 0.49% |
| 2003 | 11.6 | -19.3% |
| 2002 | 14.3 | 50.3% |
| 2001 | 9.53 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 12.3 | 34.71% | 🇺🇸 USA |
 | 9.35 | 2.12% | 🇺🇸 USA |
 | 12.2 | 33.35% | 🇺🇸 USA |
 | 10.0 | 9.50% | 🇺🇸 USA |
 | 17.5 | 90.86% | 🇺🇸 USA |
 | 9.80 | 7.00% | 🇺🇸 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.