P/E ratio for Hanmi Financial (HAFC)
P/E ratio as of June 2023 (TTM): 4.38
According to Hanmi Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.37798. At the end of 2021 the company had a P/E ratio of 7.33.
P/E ratio history for Hanmi Financial from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 | |
| 2013 | 17.4 | 265.61% |
| 2012 | 4.75 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Westamerica Bancorporation
WABC | 7.46 | 70.30% | 🇺🇸 USA |
 Univest UVSP | 6.62 | 51.26% | 🇺🇸 USA |
 Renasant Corp RNST | 8.32 | 89.96% | 🇺🇸 USA |
 PacWest Bancorp PACW | -0.8541 | -119.51% | 🇺🇸 USA |
 Pacific Premier Bancorp
PPBI | 6.41 | 46.49% | 🇺🇸 USA |
 Pacific Mercantile Bancorp PMBC | N/A | N/A | 🇺🇸 USA |
 CVB Financial CVBF | 7.48 | 70.83% | 🇺🇸 USA |
 Heritage Commerce HTBK | 6.89 | 57.27% | 🇺🇸 USA |
 Cullen/Frost Bankers CFR | 11.5 | 163.52% | 🇺🇸 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.