Heartland Financial USA
HTLF
#3662
Rank
โ‚น244.44 B
Marketcap
โ‚น5,700
Share price
1.86%
Change (1 day)
125.12%
Change (1 year)

P/E ratio for Heartland Financial USA (HTLF)

P/E ratio as of November 2024 (TTM): 14.2

According to Heartland Financial USA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.1707. At the end of 2022 the company had a P/E ratio of 9.38.

P/E ratio history for Heartland Financial USA from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.38-7.03%
202110.1-12.68%
202011.6-4.4%
201912.1-4.65%
201812.7-36.81%
201720.134.27%
201614.934.18%
201511.1-8.67%
201412.2-12.18%
201313.946.95%
20129.45-23.25%
201112.3-20.68%
201015.5-93.19%
2009228641.26%
200830.7158.16%
200711.9-36.87%
200618.919.92%
200515.7-0.69%
200415.80.46%
200315.836.54%
200211.57.33%
200110.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.5 30.35%๐Ÿ‡บ๐Ÿ‡ธ USA
16.0 12.66%๐Ÿ‡บ๐Ÿ‡ธ USA
3.07-78.37%๐Ÿ‡บ๐Ÿ‡ธ USA
10.1-28.94%๐Ÿ‡บ๐Ÿ‡ธ USA
16.3 14.78%๐Ÿ‡บ๐Ÿ‡ธ USA
15.6 10.24%๐Ÿ‡บ๐Ÿ‡ธ USA
13.9-1.67%๐Ÿ‡บ๐Ÿ‡ธ 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.