HTBK Heritage Commerce PE ratio, current and historical analysis

As of Apr 1, 2025, the Heritage Commerce stock's PE ratio is 14.33. This results from the current EPS of $0.66 and stock price of $9.46. The P/E ratio has an increase of 19% from the past four quarters average of 12.1.

HTBK PE ratio history

How has HTBK's PE ratio performed in the past

The PE ratio of Heritage Commerce has averaged 15.79 over the last ten years. The current PE ratio of 14.33 is 9% below the historical average. In the past ten years, HTBK's PE ratio was at its highest in the Jun 2018 quarter at 33.31, when the stock price was $16.99 and the EPS was $0.51. The lowest value was in the Jun 2023 quarter, when it reached 6.79 with a price of $8.28 and an EPS of $1.22.

Today
14.33
Average
15.79
Median
14.75
Minimum
6.79
Maximum
33.31

Heritage Commerce PE ratio by year

Maximum annual increase: 52.69% in 2012

Maximum annual decrease: -45.15% in 2018

Year PE ratio PE change Price EPS
2024 14.21 51.82% $9.38 $0.66
2023 9.36 -20.81% $9.92 $1.06
2022 11.82 -21.77% $13 $1.1
2021 15.11 0.53% $11.94 $0.79
2020 15.03 1.9% $8.87 $0.59
2019 14.75 10.57% $12.83 $0.87
2018 13.34 -45.15% $11.34 $0.85
2017 24.32 21.36% $15.32 $0.63
2016 20.04 -19.58% $14.43 $0.72
2015 24.92 18.55% $11.96 $0.48
2014 21.02 -8.17% $8.83 $0.42
2013 22.89 -11.45% $8.24 $0.36
2012 25.85 52.69% $6.98 $0.27
2011 16.93 N/A $4.74 $0.28
2010 N/A N/A $4.5 -$3.64

Heritage Commerce PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 14.21 2.08% $9.38 $0.66
Sep 2024 13.92 27.94% $9.88 $0.71
Jun 2024 10.88 16.61% $8.7 $0.8
Mar 2024 9.33 -0.32% $8.58 $0.92
Dec 2023 9.36 30.36% $9.92 $1.06
Sep 2023 7.18 5.74% $8.47 $1.18
Jun 2023 6.79 -3% $8.28 $1.22
Mar 2023 7 -40.78% $8.33 $1.19
Dec 2022 11.82 2.16% $13 $1.1
Sep 2022 11.57 -1.53% $11.34 $0.98
Jun 2022 11.75 -14.36% $10.69 $0.91
Mar 2022 13.72 -9.2% $11.25 $0.82
Dec 2021 15.11 -1.24% $11.94 $0.79
Sep 2021 15.3 -1.03% $11.63 $0.76
Jun 2021 15.46 -5.1% $11.13 $0.72

HTBK average PE ratio chart

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

HTBK'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
10.35
5-year avg
12.28
10-year avg
15.79
15-year avg
16.88

HTBK PE vs peers

What is HTBK's PE ratio compared to its peers

Compared to its peer CWBC, HTBK's PE ratio stands lower, however it is higher than CATY's and CVBF's. Heritage Commerce's PE ratio is trading above the peer group average of 11.58.

Stock name PE ratio Market cap
BSRR Sierra Bancorp 9.78 $387.79M
CATY Cathay General Bancorp 10.79 $3.01B
TCBK Trico Bancshares 11.44 $1.31B
CVBF Cvb Financial Corp 12.81 $2.57B
PPBI Pacific Premier Bancorp Inc 13.08 $2.08B
HTBK Heritage Commerce Corp 14.33 $581.25M
CWBC Community West Bancshares. 40.93 $350.91M
BMRC Bank of Marin Bancorp N/A $352.95M

Frequently asked questions

What is Heritage Commerce's PE ratio?

As of Apr 1, 2025, HTBK stock has a price to earnings ratio of 14.33.

What is the 3-year average PE ratio for Heritage Commerce (HTBK)?

Over the last 3 years, the average price to earnings ratio for HTBK stock is 10.35.

What is the 5-year average PE ratio for Heritage Commerce (HTBK)?

Over the last 5 years, the average price to earnings ratio for HTBK stock is 12.28.

What is the highest PE ratio for HTBK?

Over the last ten years, the quarterly PE ratio reached a historic high of 33.31 in the Jun 2018 quarter.

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

HTBK's price to earnings ratio is currently 9% below its 10-year historical average.

How is HTBK's PE ratio calculated (Heritage Commerce PE ratio formula)?

To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Apr 1, 2025), Heritage Commerce's stock price is $9.46. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $0.66. Therefore, Heritage Commerce's P/E ratio for today is 14.33. PE RATIO(14.33) = STOCK PRICE($9.46) / TTM EPS($0.66)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.