P/E ratio for Hanmi Financial (HAFC)

P/E ratio history for Hanmi Financial 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
PacWest Bancorp PACW	-0.6326	-107.27%	🇺🇸 USA
Cullen/Frost Bankers CFR	13.5	54.65%	🇺🇸 USA
CVB Financial CVBF	13.5	54.70%	🇺🇸 USA
Pacific Mercantile Bancorp PMBC	N/A	N/A	🇺🇸 USA
Renasant Corp RNST	12.9	47.76%	🇺🇸 USA
Heritage Commerce HTBK	9.14	5.12%	🇺🇸 USA
Westamerica Bancorporation WABC	9.57	10.04%	🇺🇸 USA
Pacific Premier Bancorp PPBI	11.2	29.06%	🇺🇸 USA
Univest UVSP	11.7	34.88%	🇺🇸 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.