Northrim BanCorp
NRIM
#5909
Rank
$0.26 B
Marketcap
$47.18
Share price
0.86%
Change (1 day)
8.29%
Change (1 year)

P/E ratio for Northrim BanCorp (NRIM)

P/E ratio as of April 2023 (TTM): 8.86

According to Northrim BanCorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.86116. At the end of 2021 the company had a P/E ratio of 7.17.

P/E ratio history for Northrim BanCorp from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20217.179.42%
20206.55-47.29%
201912.410.09%
201811.3-36.6%
201717.817.83%
201615.147.79%
201510.20.2%
201410.2-26.46%
201313.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.45-27.23%๐Ÿ‡บ๐Ÿ‡ธ USA
11.7 32.51%๐Ÿ‡บ๐Ÿ‡ธ USA
11.4 28.58%๐Ÿ‡บ๐Ÿ‡ธ USA
8.31-6.26%๐Ÿ‡บ๐Ÿ‡ธ USA
8.02-9.55%๐Ÿ‡บ๐Ÿ‡ธ USA
10.1 13.46%๐Ÿ‡บ๐Ÿ‡ธ USA
7.09-20.00%๐Ÿ‡บ๐Ÿ‡ธ USA
7.64-13.81%๐Ÿ‡บ๐Ÿ‡ธ USA
6.95-21.62%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.