HNVR
Hanover Bancorp
PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: HNVR
- PE Ratio
The current PE ratio for Hanover Bancorp stock as of Jun 3, 2026 is 21.61. This is calculated based on the TTM EPS of $1.06 and the stock price of $22.91 per share. The PE ratio marks an increase of 19% from its last 4 quarters average of 18.2.
HNVR PE ratio history
The average historical PE ratio of Hanover Bancorp for the last four years is 11.23. The current P/E ratio of 21.61 is 92% higher than the historical average. Looking back at the last four years, HNVR's PE ratio peaked in the Dec 2025 quarter at 22.88, when the price was $23.11 and the EPS was $1.01. 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 |
|---|---|---|---|---|
| 2025 | 22.88 | 65.68% | $23.11 | $1.01 |
| 2024 | 13.81 | 58.01% | $23.06 | $1.67 |
| 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 |
|---|---|---|---|---|
| Mar 2026 | 20.37 | -10.97% | $21.59 | $1.06 |
| Dec 2025 | 22.88 | 55.96% | $23.11 | $1.01 |
| Sep 2025 | 14.67 | -1.28% | $22.45 | $1.53 |
| Jun 2025 | 14.86 | -10.54% | $22.89 | $1.54 |
| Mar 2025 | 16.61 | 20.28% | $21.93 | $1.32 |
| Dec 2024 | 13.81 | 27.4% | $23.06 | $1.67 |
| 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 |
HNVR Price vs fair value
HNVR average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
HNVR's current PE ratio is higher than the 3-year average.
PE comparison
Hanover Bancorp's price to earnings (P/E) of 21.61 is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 12.1, Hanover Bancorp's price to earnings (P/E) is 79% higher.
HNVR PE vs peers
In comparison to its peer stocks NWBI and TMP, HNVR's PE ratio is higher. Hanover Bancorp's PE ratio is trading above the peer average of 12.0.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TMP Tompkins Financial Corp | 7.38 | $1.25B |
| FISI Financial Institutions Inc | 9.46 | $720.91M |
| CCNE Cnb Financial Corp | 10.51 | $918.5M |
| CAC Camden National Corp | 10.67 | $852.16M |
| UVSP UNIVEST FINANCIAL Corp | 12.03 | $1.12B |
| WASH Washington Trust Bancorp Inc | 12.08 | $633.36M |
| NWBI Northwest Bancshares Inc | 14.92 | $2.07B |
| TRST Trustco Bank Corp N Y | 15.4 | $920.22M |
| CZNC Citizens & Northern Corp | 19.35 | $374.46M |
| HNVR Hanover Bancorp Inc | 22.26 | $168.9M |
Frequently asked questions
What is Hanover Bancorp's PE ratio?
HNVR stock has a price to earnings ratio of 21.61 as of Jun 3, 2026.
What is the 3-year average PE ratio for Hanover Bancorp (HNVR)?
As an average over the last 3 years, HNVR stock has a PE ratio of 13.11.
What is the highest PE ratio for HNVR?
Over the last four years, the quarterly PE ratio reached its highest level at 22.88 in the Dec 2025 quarter.
How does the current PE ratio for HNVR compare to its historical average?
The current PE ratio of HNVR is 92% higher than the 4-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 (Jun 3, 2026), Hanover Bancorp's share price is $22.91. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $1.06. Therefore, Hanover Bancorp's PE ratio for today is 21.61. PE RATIO(21.61) = STOCK PRICE($22.91) / TTM EPS($1.06)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.