As of 2025-10-22, the Relative Valuation of Heritage Financial Corp (HFWA) is 18.60 USD. This relative valuation is based on P/E multiples. With the latest stock price at 22.87 USD, the upside of Heritage Financial Corp based on Relative Valuation is -18.7%.
The range of the Relative Valuation is 17.59 - 20.31 USD.
| Range | Selected | |
| Trailing P/E multiples | - | - |
| Forward P/E multiples | 11.2x - 12.9x | 11.8x |
| Fair Price | 17.59 - 20.31 | 18.60 |
| Upside | -23.1% - -11.2% | -18.7% |
| Date | P/E |