According to Heritage Commerce's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.22881. At the end of 2022 the company had a P/E ratio of 11.9.
Year | P/E ratio | Change |
---|---|---|
2022 | 11.9 | -20.09% |
2021 | 14.9 | -0.72% |
2020 | 15.0 | 5.46% |
2019 | 14.3 | 6.85% |
2018 | 13.3 | -45.14% |
2017 | 24.3 | 21.33% |
2016 | 20.0 | -17.89% |
2015 | 24.4 | 16.1% |
2014 | 21.0 | -8.15% |
2013 | 22.9 | -11.46% |
2012 | 25.9 | 52.71% |
2011 | 16.9 | -1984% |
2010 | -0.8985 | -72.95% |
2009 | -3.32 | -103.84% |
2008 | 86.5 | 440.68% |
2007 | 16.0 | -11.76% |
2006 | 18.1 | 3.68% |
2005 | 17.5 | -32.91% |
2004 | 26.1 | 46.16% |
2003 | 17.8 | 34.11% |
2002 | 13.3 | 12.47% |
2001 | 11.8 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
TriCo Bancshares TCBK | 9.54 | 31.96% | ๐บ๐ธ USA |
Sierra Bancorp
BSRR | 8.12 | 12.28% | ๐บ๐ธ USA |
Pacific Premier Bancorp
PPBI | 9.53 | 31.86% | ๐บ๐ธ USA |
CVB Financial CVBF | 10.4 | 43.19% | ๐บ๐ธ USA |
Cathay General Bancorp CATY | 7.53 | 4.13% | ๐บ๐ธ USA |
Bank of Marin Bancorp
BMRC | 8.29 | 14.73% | ๐บ๐ธ USA |
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.