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 May 7, 2025 is 13.53. This is calculated based on the TTM EPS of $1.67 and the stock price of $22.6 per share. The PE ratio marks an increase of 28% from its last 4 quarters average of 10.6.
HNVR PE ratio history
The average historical PE ratio of Hanover Bancorp for the last three years is 8.21. The current P/E ratio of 13.53 is 65% higher than the historical average. Looking back at the last three years, HNVR's PE ratio peaked in the Dec 2024 quarter at 13.81, when the price was $23.06 and the EPS was $1.67. 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 |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|
| 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 |
| 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 |
HNVR average PE ratio chart
HNVR PE vs peers
In comparison to its peer NWBI, HNVR's PE ratio is lower, but it is higher than TMP's and UVSP's. Hanover Bancorp's PE ratio is trading above the peer average of 11.85.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CCNE Cnb Financial Corp | 9.46 | $474.37M |
| CAC Camden National Corp | 11.08 | $678.47M |
| CZNC Citizens & Northern Corp | 11.33 | $296.18M |
| UVSP UNIVEST FINANCIAL Corp | 11.44 | $885.47M |
| TMP Tompkins Financial Corp | 12.09 | $901.86M |
| TRST Trustco Bank Corp N Y | 12.29 | $600.64M |
| NWBI Northwest Bancshares Inc | 13.91 | $1.6B |
| HNVR Hanover Bancorp Inc | 14.05 | $169M |
| FISI Financial Institutions Inc | N/A | $533.51M |
| WASH Washington Trust Bancorp Inc | N/A | $551.11M |
Frequently asked questions
What is Hanover Bancorp's PE ratio?
HNVR stock has a price to earnings ratio of 13.53 as of May 7, 2025.
What is the highest PE ratio for HNVR?
Over the last three years, the quarterly PE ratio reached its highest level at 13.81 in the Dec 2024 quarter.
How does the current PE ratio for HNVR compare to its historical average?
The current PE ratio of HNVR is 65% 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 (May 7, 2025), Hanover Bancorp's share price is $22.6. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $1.67. Therefore, Hanover Bancorp's PE ratio for today is 13.53. PE RATIO(13.53) = STOCK PRICE($22.6) / TTM EPS($1.67)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.