PacWest Bancorp
PACW
#3019
Rank
$3.41 B
Marketcap
$28.44
Share price
2.82%
Change (1 day)
-40.25%
Change (1 year)

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
20218.86-468.92%
2020-2.40-124.4%
20199.849.97%
20188.95-48.17%
201717.3-8.06%
201618.822.83%
201515.3-34.78%
201423.4-40.61%
201339.5143.72%
201216.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
12.2 80.42%๐Ÿ‡บ๐Ÿ‡ธ USA
14.9 119.28%๐Ÿ‡บ๐Ÿ‡ธ USA
14.3 110.40%๐Ÿ‡บ๐Ÿ‡ธ USA
10.8 59.09%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
6.79 0.05%๐Ÿ‡บ๐Ÿ‡ธ USA
15.8 132.95%๐Ÿ‡บ๐Ÿ‡ธ USA
11.2 65.12%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.