Banc of California
BANC
#3743
Rank
NZ$4.61 B
Marketcap
$27.31
Share price
0.99%
Change (1 day)
41.09%
Change (1 year)

P/E ratio for Banc of California (BANC)

P/E ratio as of November 2024 (TTM): 9.33

According to Banc of California's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.32571. At the end of 2022 the company had a P/E ratio of 8.43.

P/E ratio history for Banc of California from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.43-57.47%
202119.8-105.39%
2020-368-185.62%
20194301352.1%
201829.63.13%
201728.7222.35%
20168.90-19.67%
201511.1-20.82%
201414.0-98.96%
2013> 10004271.64%
201230.7-192.77%
2011-33.1-169.8%
201047.4-524.98%
2009-11.1-82.67%
2008-64.3-350.83%
200725.66.44%
200624.12.72%
200523.51.2%
200423.2-11.73%
200326.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.3 42.61%๐Ÿ‡บ๐Ÿ‡ธ USA
7.62-18.30%๐Ÿ‡บ๐Ÿ‡ธ USA
11.7 25.30%๐Ÿ‡บ๐Ÿ‡ธ USA
26.8 187.22%๐Ÿ‡บ๐Ÿ‡ธ USA
9.93 6.50%๐Ÿ‡บ๐Ÿ‡ธ USA
9.65 3.52%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.