The current price-to-earnings ratio for First Business Financial Services stock as of Nov 21, 2024 is 10.81. This is calculated based on the current EPS of $4.65 and the stock price of $50.25 per share. The PE ratio has increased by 21% from the past four quarters average of 9.0.
The average historical PE ratio of First Business Financial Services for the last ten years is 10.67. The current P/E ratio of 10.81 is similar to 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.
Maximum annual increase: 26.6% in 2014
Maximum annual decrease: -35.49% in 2018
Year | PE ratio | Change |
---|---|---|
2023 | 9.26 | 20.42% |
2022 | 7.69 | 9.86% |
2021 | 7 | -25.13% |
2020 | 9.35 | -4.79% |
2019 | 9.82 | -6.39% |
2018 | 10.49 | -35.49% |
2017 | 16.26 | 17.23% |
2016 | 13.87 | 5.4% |
2015 | 13.16 | -3.31% |
2014 | 13.61 | 26.6% |
Currently, FBIZ's PE ratio is higher than its 3, 5 and 10-year historical averages.
FBIZ's PE ratio stands lower than its peer stocks WFC and FITB. First Business Financial Services's current PE ratio of 10.81 is lower than the average of its peers, which is 14.66.
Stock name | PE ratio | Market cap |
---|---|---|
FBIZ First Business Financial Services Inc | 10.81 | $416.82M |
SRCE 1St Source Corp | 12.38 | $1.59B |
WTFC Wintrust Financial Corp | 13.79 | $8.89B |
WFC Wells Fargo & Company | 15.33 | $249.15B |
FITB Fifth Third Bancorp | 15.6 | $31.6B |
CVBF Cvb Financial Corp | 16.22 | $3.24B |
FBIZ stock has a price to earnings ratio of 10.81 as of Nov 21, 2024.
As an average over the last 3 years, FBIZ stock has a PE ratio of 7.71.
As an average over the last 5 years, FBIZ stock has a PE ratio of 7.93.
In the last ten years, the Mar 2018 quarter recorded the highest quarterly PE ratio at 17.97.
The current price to earnings ratio of FBIZ is 1.3% higher than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), First Business Financial Services's stock price is $50.25. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.65. Therefore, First Business Financial Services's PE ratio for today is 10.81. PE RATIO(10.81) = STOCK PRICE($50.25) / TTM EPS($4.65)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.