PacWest Bancorp
PACW
#5708
Rank
A$1.44 B
Marketcap
$12.07
Share price
-2.71%
Change (1 day)
-15.68%
Change (1 year)

P/E ratio for PacWest Bancorp (PACW)

P/E ratio on February 2, 2024 (TTM): -0.6326

According to PacWest Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.63255. At the end of 2022 the company had a P/E ratio of 6.79.

P/E ratio history for PacWest Bancorp from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.79-23.34%
20218.86-468.92%
2020-2.40-124.4%
20199.849.97%
20188.95-48.17%
201717.3-8.06%
201618.822.83%
201515.3-34.78%
201423.4-40.61%
201339.5143.72%
201216.217.9%
201113.7-216.25%
2010-11.8-82.41%
2009-67.26599.19%
2008-1.00-107.68%
200713.1-19.1%
200616.1-9.5%
200517.8-1.89%
200418.24.07%
200317.5-13.05%
200220.129.9%
200115.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.59-1,458.16%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8-2,120.05%๐Ÿ‡บ๐Ÿ‡ธ USA
8.13-1,385.62%๐Ÿ‡บ๐Ÿ‡ธ USA
10.8-1,803.50%๐Ÿ‡บ๐Ÿ‡ธ USA
15.1-2,488.11%๐Ÿ‡บ๐Ÿ‡ธ USA
4.14-755.10%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
10.0-1,683.42%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.