P/E ratio for HarborOne Bancorp (HONE)
P/E ratio as of June 2024 (TTM): 14.0
According to HarborOne Bancorp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.9595. At the end of 2022 the company had a P/E ratio of 14.2.
P/E ratio history for HarborOne Bancorp from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.2 | 10.87% |
| 2021 | 12.8 | -2.23% |
| 2020 | 13.1 | -60.71% |
| 2019 | 33.3 | -26.02% |
| 2018 | 45.0 | -22.48% |
| 2017 | 58.1 | -45.16% |
| 2016 | 106 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Northwest Bank
NWBI | 9.81 | -29.72% | 🇺🇸 USA |
 New York Community Bank
NYCB | 0.8275 | -94.07% | 🇺🇸 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.