P/E ratio for PacWest Bancorp (PACW)
P/E ratio as of February 2023 (TTM): 6.79
According to PacWest Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.78759. At the end of 2021 the company had a P/E ratio of 8.86.
P/E ratio history for PacWest Bancorp from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 8.86 | -468.92% |
| 2020 | -2.40 | -124.4% |
| 2019 | 9.84 | 9.97% |
| 2018 | 8.95 | -48.17% |
| 2017 | 17.3 | -8.06% |
| 2016 | 18.8 | 22.83% |
| 2015 | 15.3 | -34.78% |
| 2014 | 23.4 | -40.61% |
| 2013 | 39.5 | 143.72% |
| 2012 | 16.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 SVB Financial Group SIVB | 12.2 | 80.42% | 🇺🇸 USA |
 Wells Fargo WFC | 14.9 | 119.28% | 🇺🇸 USA |
 Westamerica Bancorporation
WABC | 14.3 | 110.40% | 🇺🇸 USA |
 Pacific Premier Bancorp
PPBI | 10.8 | 59.09% | 🇺🇸 USA |
 Pacific Mercantile Bancorp PMBC | N/A | N/A | 🇺🇸 USA |
 Hanmi Financial HAFC | 6.79 | 0.05% | 🇺🇸 USA |
 CVB Financial CVBF | 15.8 | 132.95% | 🇺🇸 USA |
 East West Bancorp
EWBC | 11.2 | 65.12% | 🇺🇸 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.