HNVR Hanover Bancorp PE ratio, current and historical analysis
The current PE ratio for Hanover Bancorp stock as of Feb 25, 2025 is 14.25. This is calculated based on the TTM EPS of $1.65 and the stock price of $23.51 per share. The PE ratio marks an increase of 50% from its last 4 quarters average of 9.5.
HNVR PE ratio history
The average historical PE ratio of Hanover Bancorp for the last three years is 7.65. The current P/E ratio of 14.25 is 86% higher than the historical average. Looking back at the last three years, HNVR's PE ratio peaked in the Sep 2024 quarter at 10.84, when the price was $17.89 and the EPS was $1.65. The lowest point was in the Jun 2022 quarter, when it reached 4.58 with a price of $20.44 and an EPS of $4.46.
Hanover Bancorp PE ratio by year
Maximum annual increase: 71.04% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 8.74 | 71.04% | $18.09 | $2.07 |
| 2022 | 5.11 | N/A | $19.12 | $3.74 |
| 2021 | N/A | N/A | N/A | $2.32 |
| 2020 | N/A | N/A | N/A | $1.2 |
Hanover Bancorp PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 10.84 | 8.4% | $17.89 | $1.65 |
| Jun 2024 | 10 | 32.28% | $16.5 | $1.65 |
| Mar 2024 | 7.56 | -20.75% | $14.82 | $1.96 |
| Dec 2023 | 9.54 | 9.15% | $17.64 | $1.85 |
| Sep 2023 | 8.74 | 16.69% | $18.09 | $2.07 |
| Jun 2023 | 7.49 | 14.35% | $17.67 | $2.36 |
| Mar 2023 | 6.55 | 7.03% | $18 | $2.75 |
| Dec 2022 | 6.12 | 19.77% | $20.39 | $3.33 |
| Sep 2022 | 5.11 | 11.57% | $19.12 | $3.74 |
| Jun 2022 | 4.58 | N/A | $20.44 | $4.46 |
| Mar 2022 | N/A | N/A | N/A | $3.7 |
| Dec 2021 | N/A | N/A | N/A | $3.17 |
| Sep 2021 | N/A | N/A | N/A | $2.32 |
| Jun 2021 | N/A | N/A | N/A | $1.28 |
| Mar 2021 | N/A | N/A | N/A | $1.57 |
HNVR average PE ratio chart
HNVR PE vs peers
In comparison to its peers NWBI and TMP, HNVR's PE ratio is lower, but it is higher than UVSP's and CAC's. Hanover Bancorp's PE ratio is trading above the peer average of 12.83.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FISI Financial Institutions Inc | 8.81 | $437.61M |
| CCNE Cnb Financial Corp | 10.59 | $522.53M |
| UVSP UNIVEST FINANCIAL Corp | 11.55 | $871.21M |
| TRST Trustco Bank Corp N Y | 13.04 | $617.27M |
| CAC Camden National Corp | 13.44 | $630.9M |
| TMP Tompkins Financial Corp | 14.62 | $978.48M |
| HNVR Hanover Bancorp Inc | 14.64 | $172.81M |
| CZNC Citizens & Northern Corp | 14.67 | $325.7M |
| NWBI Northwest Bancshares Inc | 16.3 | $1.58B |
| WASH Washington Trust Bancorp Inc | N/A | $605.27M |
Frequently asked questions
What is Hanover Bancorp's PE ratio?
HNVR stock has a price to earnings ratio of 14.25 as of Feb 25, 2025.
What is the highest PE ratio for HNVR?
Within the last three years, the current PE ratio is at its peak with a value of 14.25.
How does the current PE ratio for HNVR compare to its historical average?
The current PE ratio of HNVR is 86% higher than the 3-year historical average.
How is HNVR's PE ratio calculated (Hanover Bancorp PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Feb 25, 2025), Hanover Bancorp's share price is $23.51. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.65. Therefore, Hanover Bancorp's PE ratio for today is 14.25. PE RATIO(14.25) = STOCK PRICE($23.51) / TTM EPS($1.65)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.