HarborOne Bancorp
HONE
#6643
Rank
$0.53 B
Marketcap
$12.13
Share price
-0.08%
Change (1 day)
-1.38%
Change (1 year)

P/E ratio for HarborOne Bancorp (HONE)

P/E ratio as of December 2024 (TTM): 16.4

According to HarborOne Bancorp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.3919. At the end of 2022 the company had a P/E ratio of 14.2.

P/E ratio history for HarborOne Bancorp from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.210.87%
202112.8-2.23%
202013.1-60.71%
201933.3-26.02%
201845.0-22.48%
201758.1-45.16%
2016106

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
2.64-83.91%๐Ÿ‡บ๐Ÿ‡ธ USA
12.1-26.24%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.