P/E ratio for Hanmi Financial (HAFC)

P/E ratio history for Hanmi Financial from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
PacWest Bancorp PACW	-0.6326	-108.16%	🇺🇸 USA
Cullen/Frost Bankers CFR	12.1	55.37%	🇺🇸 USA
CVB Financial CVBF	11.3	45.90%	🇺🇸 USA
Pacific Mercantile Bancorp PMBC	N/A	N/A	🇺🇸 USA
Renasant Corp RNST	11.6	50.09%	🇺🇸 USA
Heritage Commerce HTBK	8.20	5.71%	🇺🇸 USA
Westamerica Bancorporation WABC	8.53	9.96%	🇺🇸 USA
Pacific Premier Bancorp PPBI	10.1	30.80%	🇺🇸 USA
Univest UVSP	10.3	33.31%	🇺🇸 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.