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Hope Bancorp (Hope Bancorp) Median PS Value : $17.19 (As of May. 06, 2024)


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What is Hope Bancorp Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Hope Bancorp's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $4.562. Hope Bancorp's 10-Year median PS Ratio is 3.7681. Therefore, the Median PS Value for today is $17.19.

As of today (2024-05-06), Hope Bancorp's share price is $10.945. Hope Bancorp's Median PS Value is $17.19. Therefore, Hope Bancorp's Price to Median PS Value for today is 0.64.

The historical rank and industry rank for Hope Bancorp's Median PS Value or its related term are showing as below:

HOPE' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.63   Med: 0.93   Max: 1.59
Current: 0.64

During the past 13 years, the highest Price to Median PS Value of Hope Bancorp was 1.59. The lowest was 0.63. And the median was 0.93.

HOPE's Price-to-Median-PS-Value is ranked better than
81.13% of 954 companies
in the Banks industry
Industry Median: 0.86 vs HOPE: 0.64

Hope Bancorp Median PS Value Historical Data

The historical data trend for Hope Bancorp's Median PS Value 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.

Hope Bancorp Median PS Value Chart

Hope Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.04 15.48 17.00 19.69 17.19

Hope Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Median PS Value 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 19.53 19.18 18.29 17.19 -

Competitive Comparison of Hope Bancorp's Median PS Value

For the Banks - Regional subindustry, Hope Bancorp's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.


Hope Bancorp's Price-to-Median-PS-Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hope Bancorp's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Hope Bancorp's Price-to-Median-PS-Value falls into.



Hope Bancorp Median PS Value Calculation

Hope Bancorp's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=4.562*3.7681
=17.19

10-Year Median PS Ratio is 3.7681.
Hope Bancorp's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.562.

* 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.


Hope Bancorp  (NAS:HOPE) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Hope Bancorp's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=10.945/17.19
=0.64

* 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.


Hope Bancorp Median PS Value Related Terms

Thank you for viewing the detailed overview of Hope Bancorp's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Hope Bancorp (Hope Bancorp) Business Description

Traded in Other Exchanges
Address
3200 Wilshire Boulevard, Suite 1400, Los Angeles, CA, USA, 90010
Hope Bancorp Inc is a bank holding company engaged in providing financial services. It offers core business banking products for small and medium-sized businesses and individuals. Services offered by the bank include online banking, mobile banking, mortgage loans, credit cards, investment and wealth management services and other banking services.
Executives
Thomas Stenger officer: EVP, Chief Risk Officer 3200 WILSHIRE BLVD STE 1400, LOS ANGELES CA 90010
Angelee Harris officer: EVP, General Counsel 525 J STREET, SACRAMENTO CA 95814
Dale S. Zuehls director 3200 WILSHIRE BLVD., SUITE 1400, LOS ANGELES CA 90010
Julianna Balicka officer: EVP, CFO 3200 WILSHIRE BLVD. STE. 1400, LOS ANGELES CA 90010
William J Lewis director 415 HUNTINGTON DRIVE, SAN MARINO CA 91108
Mary E Thigpen director 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Steven Koh director 3200 WILSHIRE BLVD, LOS ANGELES CA 90010
Joon Kyung Kim director 3200 WILSHIRE BLVD STE 1400, LOS ANGELES CA 90010
Chung Hyun Lee director 3435 WILSHIRE BLVD SUITE 700, LOS ANGELES CA 90010
Alex Ko officer: EVP, Deputy CFO 3200 WILSHIRE BOULEVARD, 14TH FLOOR, LOS ANGELES CA 30010
Hung Quoc Van officer: EVP, Chief Information Officer 2954 COLERIDGE CIR, PASADENA CA 91107
James Hwang director 5669 LAKESHORE DR, FRISCO TX 75036
Jason K Kim officer: EVP, Chief Lending Officer 3435 WILSHIRE BLVD., SUITE 700, LOS ANGELES CA 90010
Peter Koh officer: EVP, Chief Credit Officer 3200 WILSHIRE BLVD, LOS ANGELES CA 90010
David P Malone director 3200 WILSHIRE BLVD., SUITE 1400, LOS ANGELES CA 90010