P/E ratio for Northrim BanCorp (NRIM)
P/E ratio as of April 2024 (TTM): 10.0
According to Northrim BanCorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.0267. At the end of 2022 the company had a P/E ratio of 10.2.
P/E ratio history for Northrim BanCorp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.2 | 42.76% |
| 2021 | 7.17 | 9.42% |
| 2020 | 6.55 | -47.29% |
| 2019 | 12.4 | 10.09% |
| 2018 | 11.3 | -36.6% |
| 2017 | 17.8 | 17.83% |
| 2016 | 15.1 | 47.79% |
| 2015 | 10.2 | 0.2% |
| 2014 | 10.2 | -26.46% |
| 2013 | 13.9 | 23.21% |
| 2012 | 11.3 | 13.27% |
| 2011 | 9.95 | -26.36% |
| 2010 | 13.5 | -2.35% |
| 2009 | 13.8 | 29.08% |
| 2008 | 10.7 | -8.76% |
| 2007 | 11.7 | -11.02% |
| 2006 | 13.2 | -2.04% |
| 2005 | 13.5 | -9.16% |
| 2004 | 14.8 | 13.53% |
| 2003 | 13.1 | 35.52% |
| 2002 | 9.64 | -20.99% |
| 2001 | 12.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 KeyCorp (KeyBank) KEY | 11.9 | 18.64% | 🇺🇸 USA |
 Wells Fargo WFC | 12.8 | 27.71% | 🇺🇸 USA |
 Umpqua Holdings UMPQ | 11.4 | 13.63% | 🇺🇸 USA |
 Plumas Bancorp PLBC | 6.79 | -32.28% | 🇺🇸 USA |
 Pacific Premier Bancorp
PPBI | 8.79 | -12.30% | 🇺🇸 USA |
 CVB Financial CVBF | 9.68 | -3.42% | 🇺🇸 USA |
 Cathay General Bancorp CATY | 6.87 | -31.46% | 🇺🇸 USA |
 Heritage Commerce HTBK | 6.75 | -32.68% | 🇺🇸 USA |
 East West Bancorp
EWBC | 8.55 | -14.73% | 🇺🇸 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.