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Hanmi Financial (Hanmi Financial) Shiller PE Ratio : 6.76 (As of Apr. 28, 2024)


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What is Hanmi Financial Shiller PE Ratio?

As of today (2024-04-28), Hanmi Financial's current share price is $15.82. Hanmi Financial's E10 for the quarter that ended in Dec. 2023 was $2.34. Hanmi Financial's Shiller PE Ratio for today is 6.76.

The historical rank and industry rank for Hanmi Financial's Shiller PE Ratio or its related term are showing as below:

HAFC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.73   Med: 10.07   Max: 221
Current: 6.77

During the past years, Hanmi Financial's highest Shiller PE Ratio was 221.00. The lowest was 4.73. And the median was 10.07.

HAFC's Shiller PE Ratio is ranked better than
80.09% of 1125 companies
in the Banks industry
Industry Median: 10.36 vs HAFC: 6.77

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Hanmi Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.610. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hanmi Financial Shiller PE Ratio Historical Data

The historical data trend for Hanmi Financial's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hanmi Financial Shiller PE Ratio Chart

Hanmi Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 220.58 6.35 11.44 11.42 8.30

Hanmi Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.31 6.53 6.98 8.30 -

Competitive Comparison of Hanmi Financial's Shiller PE Ratio

For the Banks - Regional subindustry, Hanmi Financial's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hanmi Financial's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hanmi Financial's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hanmi Financial's Shiller PE Ratio falls into.



Hanmi Financial Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Hanmi Financial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=15.82/2.34
=6.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hanmi Financial's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Hanmi Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.61/129.4194*129.4194
=0.610

Current CPI (Dec. 2023) = 129.4194.

Hanmi Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.340 99.695 0.441
201406 0.350 100.560 0.450
201409 0.680 100.428 0.876
201412 0.180 99.070 0.235
201503 0.350 99.621 0.455
201506 0.440 100.684 0.566
201509 0.440 100.392 0.567
201512 0.460 99.792 0.597
201603 0.460 100.470 0.593
201606 0.440 101.688 0.560
201609 0.410 101.861 0.521
201612 0.450 101.863 0.572
201703 0.430 102.862 0.541
201706 0.450 103.349 0.564
201709 0.460 104.136 0.572
201712 0.360 104.011 0.448
201803 0.460 105.290 0.565
201806 0.480 106.317 0.584
201809 0.500 106.507 0.608
201812 0.370 105.998 0.452
201903 0.480 107.251 0.579
201906 0.090 108.070 0.108
201909 0.400 108.329 0.478
201912 0.100 108.420 0.119
202003 0.080 108.902 0.095
202006 0.300 108.767 0.357
202009 0.530 109.815 0.625
202012 0.470 109.897 0.553
202103 0.540 111.754 0.625
202106 0.720 114.631 0.813
202109 0.860 115.734 0.962
202112 1.100 117.630 1.210
202203 0.680 121.301 0.726
202206 0.820 125.017 0.849
202209 0.890 125.227 0.920
202212 0.930 125.222 0.961
202303 0.720 127.348 0.732
202306 0.670 128.729 0.674
202309 0.620 129.860 0.618
202312 0.610 129.419 0.610

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Hanmi Financial  (NAS:HAFC) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Hanmi Financial Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Hanmi Financial's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hanmi Financial (Hanmi Financial) Business Description

Traded in Other Exchanges
N/A
Address
900 Wilshire Boulevard, Suite 1250, Los Angeles, CA, USA, 90017
Hanmi Financial Corp is a Los Angeles-based bank that caters to Korean-Americans and other multi-ethnic communities across California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia, and Washington. The bank mainly focuses on small businesses and commercial and real estate loans. Hanmi also offers trade-finance products. The bank has several lending offices outside California and plans to expand outside the state mainly through acquisitions. The Bank's revenues are derived from interest and fees on loans, interest, and dividends on the securities portfolio, service charges on deposit accounts, and sales of SBA loans.
Executives
Romolo Santarosa officer: SEVP, Corp. Finance & Strategy 6538 VERDE RIDGE ROAD, RANCHO PALOS VERDES CA 90275
Harry Chung director C/O IMPERIAL CAPITAL GROUP, INC., 2000 AVENUE OF THE STARS, 9TH FL. SOUTH, LOS ANGELES CA 90067
Michael Yang director 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
Gloria J Lee director 900 WILSHIRE BLVD., SUITE 1250, LOS ANGELES CA 90017
Joseph Pangrazio officer: Chief Accounting Officer 900 WILSHIRE BLVD., SUITE 1250, LOS ANGELES CA 90017
Gideon Yu director 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
John J Ahn director 150 SOUTH FIFTH STREET, SUITE 1360, MINNEAPOLIS MN 55402
Patrick M Carr officer: Chief Accounting Officer 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
Bonita Lee officer: SEVP & Chief Operating Officer 3731 WILSHIRE BLVD, SUITE 1000, LOS ANGELES CA 90010
David L Rosenblum director 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
Anthony I. Kim officer: Chief Banking Officer 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
Michael Du officer: Chief Risk Officer 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
Joseph K Rho director 3660 WILSHIRS BLVD PH-A, LOS ANGELES CA 90010
Scott Diehl director 3660 WILSHIRE BLVD., PH-A, LOS ANGELES CA 90010
Kiho Choi director 3435 WILSHIRE BLVD., SUITE 2240, LOS ANGELES CA 90010