FSBW
FS Bancorp
PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: FSBW
- PE Ratio
As at Jun 23, 2026, the FSBW stock has a PE ratio of 9.71. This is based on the current EPS of $4.36 and the stock price of $42.34 per share. An increase of 4.7% has been seen in the P/E ratio compared to the average of 9.3 of the last 4 quarters.
FSBW PE ratio history
The mean historical PE ratio of FS Bancorp over the last ten years is 8.56. The current 9.71 PE ratio is 13% above the historical average. Over the past ten years, FSBW's PE ratio was at its highest in the Jun 2018 quarter at 13.93, with a price of $31.63 and an EPS of $2.27. The Sep 2020 quarter recorded the bottom point at 5.24, with a price of $20.5 and an EPS of $3.91.
FS Bancorp PE ratio by year
Maximum annual increase: 91.1% in 2019
Maximum annual decrease: -52.01% in 2020
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 9.46 | 3.16% | $41.17 | $4.35 |
| 2024 | 9.17 | 14.91% | $41.06 | $4.48 |
| 2023 | 7.98 | -10.54% | $36.96 | $4.63 |
| 2022 | 8.92 | 18.77% | $33.44 | $3.75 |
| 2021 | 7.51 | 25.59% | $33.63 | $4.48 |
| 2020 | 5.98 | -52.01% | $27.4 | $4.58 |
| 2019 | 12.46 | 91.1% | $31.9 | $2.56 |
| 2018 | 6.52 | -45.76% | $21.44 | $3.29 |
| 2017 | 12.02 | 21.05% | $27.29 | $2.27 |
| 2016 | 9.93 | 13.88% | $17.98 | $1.81 |
| 2015 | 8.72 | -27.39% | $13 | $1.49 |
| 2014 | 12.01 | -8.95% | $9.13 | $0.76 |
| 2013 | 13.19 | 78.97% | $8.58 | $0.65 |
| 2012 | 7.37 | N/A | $6.49 | $0.88 |
| 2011 | N/A | N/A | N/A | N/A |
FS Bancorp PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 8.85 | -6.45% | $38.59 | $4.36 |
| Dec 2025 | 9.46 | -1.46% | $41.17 | $4.35 |
| Sep 2025 | 9.6 | 4.35% | $39.92 | $4.16 |
| Jun 2025 | 9.2 | 7.23% | $39.38 | $4.28 |
| Mar 2025 | 8.58 | -6.43% | $38.01 | $4.43 |
| Dec 2024 | 9.17 | -1.29% | $41.06 | $4.48 |
| Sep 2024 | 9.29 | 17.74% | $44.49 | $4.79 |
| Jun 2024 | 7.89 | 5.48% | $36.45 | $4.62 |
| Mar 2024 | 7.48 | -6.27% | $34.71 | $4.64 |
| Dec 2023 | 7.98 | 17.87% | $36.96 | $4.63 |
| Sep 2023 | 6.77 | -3.15% | $29.5 | $4.36 |
| Jun 2023 | 6.99 | -7.54% | $30.07 | $4.3 |
| Mar 2023 | 7.56 | -15.25% | $30.01 | $3.97 |
| Dec 2022 | 8.92 | 24.93% | $33.44 | $3.75 |
| Sep 2022 | 7.14 | -7.03% | $27.26 | $3.82 |
FSBW Price vs fair value
FSBW 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.
FSBW's current P/E ratio is above the 3, 5 and 10-year historical averages.
PE comparison
With a P/E of 9.71, FSBW is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 12.95, FS Bancorp's P/E is 25% lower.
FSBW PE vs peers
FSBW's PE ratio is lower than its peer stocks BANC and TSBK.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FSBW FS Bancorp Inc | 9.71 | $229.25M |
| TSBK Timberland Bancorp Inc | 11.19 | $343.26M |
| BANC Banc Of California Inc | 15.42 | $3.16B |
| PROV Provident Financial Holdings Inc | 18.4 | $107M |
| SMPL Simply Good Foods Co | N/A | $1.1B |
| RVSB Riverview Bancorp Inc | N/A | $116.03M |
| BYFC Broadway Financial Corp | N/A | $88.89M |
Frequently asked questions
What is FS Bancorp's PE ratio?
As of Jun 23, 2026, FSBW stock has a price to earnings ratio of 9.71.
What is the 3-year average PE ratio for FS Bancorp (FSBW)?
Over the last 3 years, the average price to earnings ratio for FSBW stock is 8.44.
What is the 5-year average PE ratio for FS Bancorp (FSBW)?
Over the last 5 years, the average price to earnings ratio for FSBW stock is 8.1.
What is the highest PE ratio for FSBW?
Over the last ten years, the quarterly PE ratio reached a historic high of 13.93 in the Jun 2018 quarter.
How does the current PE ratio for FSBW compare to its historical average?
FSBW's current price to earnings ratio is 13% above its 10-year historical average.
Why is FS Bancorp's PE ratio so low?
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
How is FSBW's PE ratio calculated (FS Bancorp PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 23, 2026), FS Bancorp's stock price is $42.34. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $4.36. Therefore, FS Bancorp's P/E ratio for today is 9.71. PE RATIO(9.71) = STOCK PRICE($42.34) / TTM EPS($4.36)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.