As at Jul 25, 2024, the HOPE stock has a PE ratio of 13.1. This is based on the current EPS of $1.01 and the stock price of $13.23 per share. An increase of 52% has been recorded in the P/E ratio compared to the average of 8.6 of the last 4 quarters.
The mean historical PE ratio of Hope Bancorp over the last ten years is 11.58. The current 13.1 PE ratio is 13% above the historical average. In the past ten years, HOPE's PE ratio was at its highest in the Dec 2016 quarter at 19.9, with a price of $21.89 and an EPS of $1.1. The Jun 2023 quarter recorded the bottom point at 5.5, with a price of $8.42 and an EPS of $1.53.
Maximum annual increase: 54.55% in 2023
Maximum annual decrease: -53.5% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.88 | 54.55% |
| 2022 | 7.04 | -20.09% |
| 2021 | 8.81 | -27.31% |
| 2020 | 12.12 | 10.08% |
| 2019 | 11.01 | 33.62% |
| 2018 | 8.24 | -53.5% |
| 2017 | 17.72 | -10.95% |
| 2016 | 19.9 | 34.1% |
| 2015 | 14.84 | 14.59% |
| 2014 | 12.95 | -19.62% |
HOPE's current P/E ratio is above the 3, 5 and 10-year historical averages.
Compared to its peer stocks NIC and NRIM, HOPE's PE ratio stands lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HOPE Hope Bancorp Inc | 13.39 | $1.63B |
| NRIM Northrim Bancorp Inc | 13.79 | $392.17M |
| NKSH National Bankshares Inc | 14.08 | $187.48M |
| NIC Nicolet Bankshares Inc. | 15.63 | $1.55B |
The price to earnings ratio for HOPE stock is 13.1 as of Jul 25, 2024.
As an average over the last 3 years, HOPE stock has a PE ratio of 8.13.
As an average over the last 5 years, HOPE stock has a PE ratio of 9.0.
The highest quarterly PE ratio in the last ten years has been 19.9 and it was in the Dec 2016 quarter.
HOPE's current price to earnings ratio is 13% above its 10-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), Hope Bancorp's stock price is $13.23. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.01. Therefore, Hope Bancorp's P/E ratio for today is 13.1. PE RATIO(13.1) = STOCK PRICE($13.23) / TTM EPS($1.01)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.