As of May 16, 2024, the HAFC stock has a PE ratio of 6.86. The calculation is based on the latest EPS of $2.42 and the stock price of $16.61 per share. An increase of 14% has been observed in the PE ratio compared to its average of 6.0 of the past four quarters.
The mean historical PE ratio of Hanmi Financial over the last ten years is 12.12. The current 6.86 price-to-earnings ratio is 43% less than the historical average. Analyzing the last ten years, HAFC's PE ratio reached its highest point in the Dec 2016 quarter at 19.83, with a price of $34.9 and an EPS of $1.76. The Jun 2023 quarter saw the lowest point at 4.62, with a price of $14.93 and an EPS of $3.23.
Maximum annual increase: 72.39% in 2019
Maximum annual decrease: -56.42% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 7.38 | -0.67% |
| 2022 | 7.43 | 1.09% |
| 2021 | 7.35 | -10.58% |
| 2020 | 8.22 | -56.42% |
| 2019 | 18.86 | 72.39% |
| 2018 | 10.94 | -38.71% |
| 2017 | 17.85 | -9.98% |
| 2016 | 19.83 | 41.24% |
| 2015 | 14.04 | 1.08% |
| 2014 | 13.89 | -20.03% |
HAFC's current PE ratio is higher than the 3-year average, but it is under its 5 and 10-year averages.
HAFC's PE ratio is below its peer stocks CFR and FNB. Hanmi Financial's current PE ratio of 6.86 is less than the average of its peers, which is 10.25.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HAFC Hanmi Financial Corp | 6.86 | $504.73M |
| UBFO United Security Bancshares | 7.08 | $127.44M |
| WABC Westamerica Bancorporation | 8.43 | $1.33B |
| HTBK Heritage Commerce Corp | 9.14 | $515.16M |
| UVSP UNIVEST FINANCIAL Corp | 9.5 | $667.39M |
| FNB Fnb Corp | 11.33 | $5.05B |
| CVBF Cvb Financial Corp | 11.4 | $2.42B |
| CFR Cullen/Frost Bankers Inc | 12.48 | $6.79B |
| RNST Renasant Corp | 12.64 | $1.75B |
| PPBI Pacific Premier Bancorp Inc | 167.64 | $2.26B |
HAFC stock has a price to earnings ratio of 6.86 as of May 16, 2024.
As an average over the last 3 years, HAFC stock has a PE ratio of 6.76.
As an average over the last 5 years, HAFC stock has a PE ratio of 9.2.
The highest quarterly PE ratio in the last ten years has been 19.83 and it was in the Dec 2016 quarter.
HAFC's current price to earnings ratio is 43% below its 10-year historical average.
HAFC's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (May 16, 2024), Hanmi Financial's share price is $16.61. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.42. Therefore, Hanmi Financial's price to earnings ratio for today is 6.86. PE RATIO(6.86) = STOCK PRICE($16.61) / TTM EPS($2.42)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.