P/E ratio for Heartland Financial USA (HTLF)
P/E ratio as of May 2024 (TTM): 9.08
According to Heartland Financial USA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.0778. At the end of 2022 the company had a P/E ratio of 9.38.
P/E ratio history for Heartland Financial USA from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.38 | -7.03% |
| 2021 | 10.1 | -12.68% |
| 2020 | 11.6 | -4.4% |
| 2019 | 12.1 | -4.65% |
| 2018 | 12.7 | -36.81% |
| 2017 | 20.1 | 34.27% |
| 2016 | 14.9 | 34.18% |
| 2015 | 11.1 | -8.67% |
| 2014 | 12.2 | -12.18% |
| 2013 | 13.9 | 46.95% |
| 2012 | 9.45 | -23.25% |
| 2011 | 12.3 | -20.68% |
| 2010 | 15.5 | -93.19% |
| 2009 | 228 | 641.26% |
| 2008 | 30.7 | 158.16% |
| 2007 | 11.9 | -36.87% |
| 2006 | 18.9 | 19.92% |
| 2005 | 15.7 | -0.69% |
| 2004 | 15.8 | 0.46% |
| 2003 | 15.8 | 36.54% |
| 2002 | 11.5 | 7.33% |
| 2001 | 10.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Wells Fargo WFC | 12.8 | 41.13% | 🇺🇸 USA |
 U.S. Bancorp USB | 12.2 | 34.32% | 🇺🇸 USA |
 UMB Financial UMBF | 10.5 | 15.18% | 🇺🇸 USA |
 QCR Holdings
QCRH | 8.57 | -5.58% | 🇺🇸 USA |
 First Citizens BancShares
FCNCA | 2.23 | -75.41% | 🇺🇸 USA |
 Commerce Bancshares
CBSH | 14.1 | 54.89% | 🇺🇸 USA |
 Great Southern Bancorp GSBC | 8.32 | -8.40% | 🇺🇸 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.