P/E ratio for Hope Bancorp (HOPE)
P/E ratio as of September 2023 (TTM): 5.81
According to Hope Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.81046. At the end of 2021 the company had a P/E ratio of 8.81.
P/E ratio history for Hope Bancorp from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 8.81 | -26.53% |
| 2020 | 12.0 | 9.72% |
| 2019 | 10.9 | 33.59% |
| 2018 | 8.18 | -53.84% |
| 2017 | 17.7 | -10.15% |
| 2016 | 19.7 | 33.99% |
| 2015 | 14.7 | 14.63% |
| 2014 | 12.8 | -17.96% |
| 2013 | 15.7 | 35.27% |
| 2012 | 11.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Northeast Bank NBN | 7.66 | 31.86% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 10.3 | 77.14% | 🇺🇸 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.