P/E ratio for Hope Bancorp (HOPE)
P/E ratio as of April 2024 (TTM): 8.32
According to Hope Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.32331. At the end of 2022 the company had a P/E ratio of 7.04.
P/E ratio history for Hope Bancorp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.04 | -20.09% |
| 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 | -35.11% |
| 2011 | 17.8 | -154.25% |
| 2010 | -32.9 | 1.44% |
| 2009 | -32.4 | -129.66% |
| 2008 | 109 | 1097.98% |
| 2007 | 9.12 | -42.91% |
| 2006 | 16.0 | -0.3% |
| 2005 | 16.0 | -34.65% |
| 2004 | 24.5 | 5.5% |
| 2003 | 23.2 | 181.14% |
| 2002 | 8.26 | 6.75% |
| 2001 | 7.74 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Northeast Bank NBN | 9.11 | 9.49% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 10.4 | 24.86% | 🇺🇸 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.