P/E ratio for HomeStreet Bank (HMST)
P/E ratio as of May 2024 (TTM): -13.0
According to HomeStreet Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -13.0361. At the end of 2022 the company had a P/E ratio of 7.86.
P/E ratio history for HomeStreet Bank from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.86 | -16.59% |
| 2021 | 9.42 | -1.19% |
| 2020 | 9.53 | -79.81% |
| 2019 | 47.2 | 229.2% |
| 2018 | 14.3 | 26.85% |
| 2017 | 11.3 | -15.54% |
| 2016 | 13.4 | 23.35% |
| 2015 | 10.9 | -5.85% |
| 2014 | 11.5 | -4.3% |
| 2013 | 12.0 | 192.13% |
| 2012 | 4.12 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Waterstone Financial WSBF | 24.1 | -285.18% | 🇺🇸 USA |
 United Bankshares UBSI | 11.8 | -190.71% | 🇺🇸 USA |
 UMB Financial UMBF | 10.5 | -180.21% | 🇺🇸 USA |
 Flagstar Bank
FBC | 7.36 | -156.46% | 🇺🇸 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.