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	-22.75%	🇺🇸 USA
Heritage Commerce HTBK	7.21	-51.10%	🇺🇸 USA
East West Bancorp EWBC	8.51	-42.31%	🇺🇸 USA
CVB Financial CVBF	10.1	-31.56%	🇺🇸 USA
Pacific Premier Bancorp PPBI	7.58	-48.64%	🇺🇸 USA
Cathay General Bancorp CATY	7.54	-48.85%	🇺🇸 USA
KeyCorp (KeyBank) KEY	11.5	-22.08%	🇺🇸 USA
Wells Fargo WFC	13.8	-6.29%	🇺🇸 USA
Plumas Bancorp PLBC	7.90	-46.46%	🇺🇸 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.