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HFWA Heritage Financial PE ratio, current and historical analysis

As of Jun 14, 2024, the Heritage Financial stock's PE ratio is 12.36. This takes into account the latest EPS of $1.35 and stock price of $16.68. The PE ratio has grown by 21% from its last 4 quarters average of 10.2.

HFWA PE ratio history

How has HFWA's PE ratio performed in the past

The PE ratio of Heritage Financial has averaged 16.24 over the last ten years. The current P/E ratio of 12.36 is 24% lower than the historical average. Looking back at the last ten years, HFWA's PE ratio peaked in the Jun 2014 quarter at 28.73, when the price was $16.09 and the EPS was $0.56. The lowest point was in the Jun 2023 quarter, when it reached 7.03 with a price of $16.17 and an EPS of $2.3.

Average
16.24
Median
16.17
Minimum
7.03
Maximum
28.73

Heritage Financial PE ratio by year

Maximum annual increase: 47.92% in 2022

Maximum annual decrease: -50.97% in 2021

Year PE ratio Change
2023 12.15 -7.6%
2022 13.15 47.92%
2021 8.89 -50.97%
2020 18.13 17.88%
2019 15.38 -22.91%
2018 19.95 -9.97%
2017 22.16 11.86%
2016 19.81 31.45%
2015 15.07 -29.58%
2014 21.4 -23.65%

HFWA average PE ratio chart

What is the average PE ratio of HFWA for the past years

Currently, HFWA's PE ratio is higher than its 3-year average, but it is lower than its 5 and 10-year averages.

3-year avg
10.23
5-year avg
12.55
10-year avg
16.24
15-year avg
25.16

HFWA PE vs peers

What is HFWA's PE ratio compared to its peers

HFWA's PE ratio stands lower than its peer stock SHBI, but it is higher than COLB's and BANR's. Heritage Financial's current PE ratio of 12.36 is higher than the average of its peers, which is 10.68.

Stock name PE ratio Market cap
BWFG Bankwell Financial Group Inc 6.31 $192.01M
COLB Columbia Banking System Inc 7.86 $3.85B
BANR Banner Corp 9.49 $1.57B
HFWA Heritage Financial Corp 12.36 $578.63M
SHBI Shore Bancshares Inc 19.07 $348.38M

Frequently asked questions

What is Heritage Financial's PE ratio?

As of Jun 14, 2024, HFWA stock has a price to earnings ratio of 12.36.

What is the 3-year average PE ratio for Heritage Financial (HFWA)?

The 3-year average price to earnings ratio for HFWA stock is 10.23.

What is the 5-year average PE ratio for Heritage Financial (HFWA)?

The 5-year average price to earnings ratio for HFWA stock is 12.55.

What is the highest PE ratio for HFWA?

Over the last ten years, the quarterly PE ratio reached its highest level at 28.73 in the Jun 2014 quarter.

How does the current PE ratio for HFWA compare to its historical average?

HFWA's price to earnings ratio is currently 24% below its 10-year historical average.

How is HFWA's PE ratio calculated (Heritage Financial PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jun 14, 2024), Heritage Financial's share price is $16.68. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.35. Therefore, Heritage Financial's PE ratio for today is 12.36. PE RATIO(12.36) = STOCK PRICE($16.68) / TTM EPS($1.35)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.