FBIZ First Business Financial Services PE ratio, current and historical analysis
The current price-to-earnings ratio for First Business Financial Services stock as of Oct 24, 2024 is 9.79. This is calculated based on the current EPS of $4.58 and the stock price of $44.82 per share. The PE ratio has increased by 19% from the past four quarters average of 8.2.
FBIZ PE ratio history
The average historical PE ratio of First Business Financial Services for the last ten years is 10.69. The current P/E ratio of 9.79 is 8% lower 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: 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% |
FBIZ average PE ratio chart
Currently, FBIZ's PE ratio is higher than its 3 and 5-year historical averages, but it is lower than the 10-year average.
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 9.79 is lower than the average of its peers, which is 12.74.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FBIZ First Business Financial Services Inc | 9.61 | $365.09M |
| SRCE 1St Source Corp | 11.45 | $1.45B |
| WTFC Wintrust Financial Corp | 11.65 | $7.55B |
| CVBF Cvb Financial Corp | 13.24 | $2.74B |
| WFC Wells Fargo & Company | 13.28 | $223.37B |
| FITB Fifth Third Bancorp | 14.01 | $29.86B |
Frequently asked questions
What is First Business Financial Services's PE ratio?
FBIZ stock has a price to earnings ratio of 9.79 as of Oct 24, 2024.
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 7.52.
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 7.84.
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 8% lower than the 10-year historical average.
Why is First Business Financial Services's PE ratio so low?
FBIZ's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
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 (Oct 24, 2024), First Business Financial Services's stock price is $44.82. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $4.58. Therefore, First Business Financial Services's PE ratio for today is 9.79. PE RATIO(9.79) = STOCK PRICE($44.82) / TTM EPS($4.58)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.