P/E ratio for Northrim BanCorp (NRIM)

P/E ratio history for Northrim BanCorp from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Umpqua Holdings UMPQ	11.4	-26.54%	🇺🇸 USA
Heritage Commerce HTBK	8.88	-42.74%	🇺🇸 USA
East West Bancorp EWBC	11.4	-26.27%	🇺🇸 USA
CVB Financial CVBF	12.9	-17.05%	🇺🇸 USA
Pacific Premier Bancorp PPBI	11.1	-28.51%	🇺🇸 USA
Cathay General Bancorp CATY	10.1	-35.13%	🇺🇸 USA
KeyCorp (KeyBank) KEY	15.3	-1.36%	🇺🇸 USA
Wells Fargo WFC	15.0	-3.30%	🇺🇸 USA
Plumas Bancorp PLBC	8.77	-43.44%	🇺🇸 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.