HFWA Heritage Financial PE ratio, current and historical analysis
As of Feb 21, 2025, the Heritage Financial stock's PE ratio is 22.16. This takes into account the latest EPS of $1.09 and stock price of $24.15. The PE ratio has grown by 46% from its last 4 quarters average of 15.1.
HFWA PE ratio history
The PE ratio of Heritage Financial has averaged 15.56 over the last ten years. The current P/E ratio of 22.16 is 42% higher than the historical average. Looking back at the last ten years, HFWA's PE ratio peaked in the Jun 2018 quarter at 26.81, when the price was $34.85 and the EPS was $1.3. 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.
Heritage Financial PE ratio by year
Maximum annual increase: 125.49% in 2011
Maximum annual decrease: -50.97% in 2021
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 12.15 | -7.6% | $21.39 | $1.76 |
| 2022 | 13.15 | 47.92% | $30.64 | $2.33 |
| 2021 | 8.89 | -50.97% | $24.44 | $2.75 |
| 2020 | 18.13 | 17.88% | $23.39 | $1.29 |
| 2019 | 15.38 | -22.91% | $28.3 | $1.84 |
| 2018 | 19.95 | -9.97% | $29.72 | $1.49 |
| 2017 | 22.16 | 11.86% | $30.8 | $1.39 |
| 2016 | 19.81 | 31.45% | $25.75 | $1.3 |
| 2015 | 15.07 | -29.58% | $18.84 | $1.25 |
| 2014 | 21.4 | -23.65% | $17.55 | $0.82 |
| 2013 | 28.03 | 65.96% | $17.1 | $0.61 |
| 2012 | 16.89 | -43.51% | $14.69 | $0.87 |
| 2011 | 29.9 | 125.49% | $12.56 | $0.42 |
| 2010 | 13.26 | N/A | $13.92 | $1.05 |
| 2009 | N/A | N/A | $13.78 | -$0.1 |
Heritage Financial PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 19.97 | 41.73% | $21.77 | $1.09 |
| Jun 2024 | 14.09 | -1.88% | $18.03 | $1.28 |
| Mar 2024 | 14.36 | 18.19% | $19.39 | $1.35 |
| Dec 2023 | 12.15 | 65.31% | $21.39 | $1.76 |
| Sep 2023 | 7.35 | 4.55% | $16.31 | $2.22 |
| Jun 2023 | 7.03 | -22.83% | $16.17 | $2.3 |
| Mar 2023 | 9.11 | -30.72% | $21.4 | $2.35 |
| Dec 2022 | 13.15 | 11.82% | $30.64 | $2.33 |
| Sep 2022 | 11.76 | 4.26% | $26.47 | $2.25 |
| Jun 2022 | 11.28 | 17.5% | $25.16 | $2.23 |
| Mar 2022 | 9.6 | 7.99% | $25.06 | $2.61 |
| Dec 2021 | 8.89 | -0.67% | $24.44 | $2.75 |
| Sep 2021 | 8.95 | -2.29% | $25.5 | $2.85 |
| Jun 2021 | 9.16 | -46.5% | $25.02 | $2.73 |
| Mar 2021 | 17.12 | -5.57% | $28.24 | $1.65 |
HFWA average PE ratio chart
Currently, HFWA's PE ratio is higher than its 3, 5 and 10-year averages.
HFWA PE vs peers
HFWA's PE ratio stands higher than its peer stocks COLB and BANR. Heritage Financial's current PE ratio of 22.16 is higher than the average of its peers, which is 13.16.
| Stock name | PE ratio | Market cap |
|---|---|---|
| COLB Columbia Banking System Inc | 11.38 | $5.55B |
| SHBI Shore Bancshares Inc | 11.59 | $509.9M |
| BANR Banner Corp | 14.05 | $2.32B |
| BWFG Bankwell Financial Group Inc | 15.62 | $240.55M |
| HFWA Heritage Financial Corp | 22.16 | $824.81M |
Frequently asked questions
What is Heritage Financial's PE ratio?
As of Feb 21, 2025, HFWA stock has a price to earnings ratio of 22.16.
What is the 3-year average PE ratio for Heritage Financial (HFWA)?
The 3-year average price to earnings ratio for HFWA stock is 11.8.
What is the 5-year average PE ratio for Heritage Financial (HFWA)?
The 5-year average price to earnings ratio for HFWA stock is 12.53.
What is the highest PE ratio for HFWA?
Over the last ten years, the quarterly PE ratio reached its highest level at 26.81 in the Jun 2018 quarter.
How does the current PE ratio for HFWA compare to its historical average?
HFWA's price to earnings ratio is currently 42% above 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 (Feb 21, 2025), Heritage Financial's share price is $24.15. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.09. Therefore, Heritage Financial's PE ratio for today is 22.16. PE RATIO(22.16) = STOCK PRICE($24.15) / TTM EPS($1.09)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.