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As of today (2024-04-18), Heritage Commerce's share price is $7.91. Heritage Commerce's Owner Earnings per Share (TTM) ended in Dec. 2023 was $1.23. It's Price-to-Owner-Earnings for today is 6.43.
The historical rank and industry rank for Heritage Commerce's Price-to-Owner-Earnings or its related term are showing as below:
During the past 13 years, the highest Price-to-Owner-Earnings of Heritage Commerce was 23.98. The lowest was 4.70. And the median was 12.73.
As of today (2024-04-18), Heritage Commerce's share price is $7.91. Heritage Commerce's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.06. Therefore, Heritage Commerce's PE Ratio for today is 7.46.
As of today (2024-04-18), Heritage Commerce's share price is $7.91. Heritage Commerce's EPS without NRI for the trailing twelve months (TTM) ended in was $1.06. Therefore, Heritage Commerce's PE Ratio without NRI for today is 7.46.
During the past 13 years, Heritage Commerce's highest PE Ratio without NRI was 33.57. The lowest was 5.96. And the median was 18.36.
The historical data trend for Heritage Commerce's Price-to-Owner-Earnings 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.
For the Banks - Regional subindustry, Heritage Commerce's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.
For the Banks industry and Financial Services sector, Heritage Commerce's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Heritage Commerce's Price-to-Owner-Earnings falls into.
In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
Heritage Commerce's Price-to-Owner-Earnings for today is calculated as
Price-to-Owner-Earnings | = | Share Price | / | Owner Earnings per Share (TTM) |
= | 7.91 | / | 1.23 | |
= | 6.43 |
* 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.
Heritage Commerce (NAS:HTBK) Price-to-Owner-Earnings Explanation
For how to get Owner Earnings per Share (TTM), please click.
Thank you for viewing the detailed overview of Heritage Commerce's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.
Susan Svensson Just | officer: EVP/Chief Credit Officer | 224 AIRPORT PARKWAY, SAN JOSE CA 95110 |
Jack W Conner | director | HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113 |
Jason Philip Dinapoli | director | 1875 CENTURY PARK EAST, SUITE 1400, LOS ANGELES CA 90067 |
Robert Moles | director | HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113 |
Kamran F Husain | director | 3005 TASMAN DRIVE, SANTA CLARA CA 95054 |
Stephen G. Heitel | director | 150 ALMADEN BOULEVARD, SAN JOSE CA 95113 |
Lawrence D Mcgovern | officer: Chief Financial Officer | C/O HERITAGE COMMERCE CORP, 150 ALMADEN BLVD, SAN JOSE CA 95113 |
Walter Theodore Kaczmarek | director, officer: CEO and President | HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113 |
Peng Coonley Janice Yuli | officer: EVP/Chief People and Diversity | 224 AIRPORT BLVD, SAN JOSE CA 92692 |
Deborah Reuter | officer: EVP/CRO/Corporate Secretary | 224 AIRPORT PARKWAY, SAN JOSE CA 95110 |
Michael Eugene Benito | officer: EVP/Business Banking Division | 150 ALMADNE BLVD., SAN JOSE CA 95113 |
Keith Wilton | officer: EVP/COO | 150 ALMADEN BLVD., SAN JOSE CA 95113 |
Steven L. Hallgrimson | director | 150 ALMADEN BLVD., SAN JOSE CA 95113 |
Jones Robertson Clay Jr | officer: EVP | 150 ALMADEN BOULEVARD, SAN JOSE CA 95113 |
Bruce H Cabral | director | 150 ALMADEN BOULEVARD, SAN JOSE CA 95113 |
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