FBIZ
First Business Financial Services
PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: FBIZ
- PE Ratio
The current price-to-earnings ratio for First Business Financial Services stock as of Jul 2, 2026 is 10.54. This is calculated based on the current EPS of $6.06 and the stock price of $63.85 per share. The PE ratio has increased by 19% from the past four quarters average of 8.9.
FBIZ PE ratio history
The average historical PE ratio of First Business Financial Services for the last ten years is 10.04. The current P/E ratio of 10.54 is 5% higher than the historical average. In the past ten years, FBIZ's PE ratio peaked in the Mar 2018 quarter at 17.97, when the stock price was $25.16 and the EPS was $1.4. The lowest point was in the Mar 2023 quarter, when it reached 6.4 with a price of $30.51 and an EPS of $4.77.
First Business Financial Services PE ratio by year
Maximum annual increase: 54.68% in 2013
Maximum annual decrease: -85.5% in 2011
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 9.14 | 2.7% | $54.3 | $5.94 |
| 2024 | 8.9 | -3.89% | $46.29 | $5.2 |
| 2023 | 9.26 | 20.42% | $40.1 | $4.33 |
| 2022 | 7.69 | 9.86% | $36.55 | $4.75 |
| 2021 | 7 | -25.13% | $29.17 | $4.17 |
| 2020 | 9.35 | -4.79% | $18.41 | $1.97 |
| 2019 | 9.82 | -6.39% | $26.33 | $2.68 |
| 2018 | 10.49 | -35.49% | $19.51 | $1.86 |
| 2017 | 16.26 | 17.23% | $22.12 | $1.36 |
| 2016 | 13.87 | 5.4% | $23.72 | $1.71 |
| 2015 | 13.16 | -3.31% | $25.01 | $1.9 |
| 2014 | 13.61 | 26.6% | $23.96 | $1.76 |
| 2013 | 10.75 | 54.68% | $18.82 | $1.75 |
| 2012 | 6.95 | 35.74% | $11.48 | $1.65 |
| 2011 | 5.12 | -85.5% | $8.25 | $1.61 |
First Business Financial Services PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 8.9 | -2.63% | $53.93 | $6.06 |
| Dec 2025 | 9.14 | 8.29% | $54.3 | $5.94 |
| Sep 2025 | 8.44 | -6.53% | $51.26 | $6.07 |
| Jun 2025 | 9.03 | 5.12% | $50.66 | $5.61 |
| Mar 2025 | 8.59 | -3.48% | $47.15 | $5.49 |
| Dec 2024 | 8.9 | -9.18% | $46.29 | $5.2 |
| Sep 2024 | 9.8 | 21.29% | $45.59 | $4.65 |
| Jun 2024 | 8.08 | -6.7% | $36.99 | $4.58 |
| Mar 2024 | 8.66 | -6.48% | $37.5 | $4.33 |
| Dec 2023 | 9.26 | 35.18% | $40.1 | $4.33 |
| Sep 2023 | 6.85 | 3.63% | $30.01 | $4.38 |
| Jun 2023 | 6.61 | 3.28% | $29.49 | $4.46 |
| Mar 2023 | 6.4 | -16.78% | $30.51 | $4.77 |
| Dec 2022 | 7.69 | 9.08% | $36.55 | $4.75 |
| Sep 2022 | 7.05 | -0.56% | $32.31 | $4.58 |
FBIZ Price vs fair value
FBIZ average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, FBIZ's PE ratio is higher than its 3, 5 and 10-year historical averages.
PE comparison
With a P/E of 10.54, FBIZ stands below the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 13.27, First Business Financial Services's P/E is 21% lower.
FBIZ PE vs peers
FBIZ's PE ratio stands lower than its peer stocks WFC and FITB. First Business Financial Services's current PE ratio of 10.54 is lower than the average of its peers, which is 14.58.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FBIZ First Business Financial Services Inc | 10.54 | $533.92M |
| SRCE 1St Source Corp | 12.59 | $1.98B |
| WFC Wells Fargo & Company | 13.04 | $261.68B |
| WTFC Wintrust Financial Corp | 13.32 | $10.87B |
| CVBF Cvb Financial Corp | 14.91 | $4.02B |
| FITB Fifth Third Bancorp | 19.05 | $51.8B |
Frequently asked questions
What is First Business Financial Services's PE ratio?
FBIZ stock has a price to earnings ratio of 10.54 as of Jul 2, 2026.
What is the 3-year average PE ratio for First Business Financial Services (FBIZ)?
As an average over the last 3 years, FBIZ stock has a PE ratio of 8.7.
What is the 5-year average PE ratio for First Business Financial Services (FBIZ)?
As an average over the last 5 years, FBIZ stock has a PE ratio of 8.06.
What is the highest PE ratio for FBIZ?
In the last ten years, the Mar 2018 quarter recorded the highest quarterly PE ratio at 17.97.
How does the current PE ratio for FBIZ compare to its historical average?
The current price to earnings ratio of FBIZ is 5% higher than the 10-year historical average.
How is FBIZ's PE ratio calculated (First Business Financial Services PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 2, 2026), First Business Financial Services's stock price is $63.85. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $6.06. Therefore, First Business Financial Services's PE ratio for today is 10.54. PE RATIO(10.54) = STOCK PRICE($63.85) / TTM EPS($6.06)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.