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HOPE Hope Bancorp PE ratio, current and historical analysis

As at Jun 14, 2024, the HOPE stock has a PE ratio of 9.84. This is based on the current EPS of $1.01 and the stock price of $9.94 per share. An increase of 14% has been recorded in the P/E ratio compared to the average of 8.6 of the last 4 quarters.

HOPE PE ratio history

How has HOPE's PE ratio performed in the past

The mean historical PE ratio of Hope Bancorp over the last ten years is 11.66. The current 9.84 PE ratio is 16% below 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.

Average
11.66
Median
11.76
Minimum
5.5
Maximum
19.9

Hope Bancorp PE ratio by year

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 average PE ratio chart

What is the average PE ratio of HOPE for the past years

HOPE's current P/E ratio is above the 3 and 5-year historical averages, but it is lower than the 10-year average.

3-year avg
8.38
5-year avg
9.04
10-year avg
11.66
15-year avg
12.35

HOPE PE vs peers

What is HOPE's PE ratio compared to its peers

Compared to its peer stocks NRIM and NKSH, HOPE's PE ratio stands lower.

Stock name PE ratio Market cap
HOPE Hope Bancorp Inc 9.84 $1.2B
NRIM Northrim Bancorp Inc 10.35 $294.34M
NKSH National Bankshares Inc 13.19 $175.69M

Frequently asked questions

What is Hope Bancorp's PE ratio?

The price to earnings ratio for HOPE stock is 9.84 as of Jun 14, 2024.

What is the 3-year average PE ratio for Hope Bancorp (HOPE)?

As an average over the last 3 years, HOPE stock has a PE ratio of 8.38.

What is the 5-year average PE ratio for Hope Bancorp (HOPE)?

As an average over the last 5 years, HOPE stock has a PE ratio of 9.04.

What is the highest PE ratio for HOPE?

The highest quarterly PE ratio in the last ten years has been 19.9 and it was in the Dec 2016 quarter.

How does the current PE ratio for HOPE compare to its historical average?

HOPE's current price to earnings ratio is 16% below its 10-year historical average.

Why is Hope Bancorp's PE ratio so low?

HOPE's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 9.84 is considered low.

How is HOPE's PE ratio calculated (Hope Bancorp PE ratio formula)?

You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 14, 2024), Hope Bancorp's stock price is $9.94. 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 9.84. PE RATIO(9.84) = STOCK PRICE($9.94) / TTM EPS($1.01)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.