Latest Ratios: P/E Ratio 16.6x · EV/EBITDA 7.5x · ROE 14.6%. (2016–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.0B | $761M | $608M | $450M | $468M | $450M | — | $32M | $32M | $32M | $27M |
| Enterprise Value | $655M | $386M | $332M | $372M | $376M | $38M | — | $-111825790 | $98M | $86M | $76M |
| P/E Ratio → | 16.61 | 12.34 | 13.31 | 9.42 | 10.44 | 10.60 | — | 1.10 | 154.55 | 37.78 | 52.59 |
| P/S Ratio | 4.03 | 2.98 | 2.87 | 2.49 | 3.78 | 5.12 | — | 0.46 | 1076.10 | 4.53 | 3.91 |
| P/B Ratio | 2.30 | 1.71 | 1.53 | 1.57 | 1.85 | 1.91 | — | 0.30 | 1.02 | 1.04 | 0.85 |
| P/FCF | 14.42 | 10.66 | 11.88 | 11.76 | 10.28 | 16.10 | — | 1.14 | — | 12.07 | — |
| P/OCF | 14.18 | 10.48 | 11.74 | 11.56 | 10.17 | 15.70 | — | 1.12 | — | 9.10 | 108.37 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.51 | 1.57 | 2.06 | 3.03 | 0.44 | — | -1.61 | 3260.60 | 12.07 | 11.05 |
| EV / EBITDA | 7.55 | 4.45 | 4.99 | 5.45 | 5.82 | 0.81 | — | -3.63 | 102.32 | 85.87 | 136.12 |
| EV / EBIT | 7.82 | 4.61 | 5.13 | 5.58 | 5.98 | 0.82 | — | -3.68 | — | — | — |
| EV / FCF | — | 5.41 | 6.49 | 9.72 | 8.26 | 1.38 | — | -3.94 | — | 32.18 | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 58.2% | 58.2% | 55.6% | 62.6% | 82.6% | 93.5% | 78.1% | 75.4% | 100.0% | 100.0% | 100.0% |
| Operating Margin | 32.8% | 32.8% | 30.5% | 36.9% | 50.8% | 53.7% | 44.9% | 43.6% | 2060.0% | 15.9% | 9.4% |
| Net Profit Margin | 24.1% | 24.1% | 21.5% | 26.4% | 36.2% | 48.3% | 43.3% | 42.1% | 703.3% | 11.9% | 7.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 14.6% | 14.6% | 13.4% | 17.7% | 18.4% | 23.0% | 29.6% | 41.7% | 0.7% | 2.7% | 1.6% |
| ROA | 1.4% | 1.4% | 1.2% | 1.4% | 1.5% | 1.9% | 2.1% | 3.2% | 0.1% | 0.3% | 0.2% |
| ROIC | 12.3% | 12.3% | 9.6% | 10.3% | 13.6% | 16.6% | 17.2% | 17.2% | 0.5% | 0.9% | 0.5% |
| ROCE | 3.2% | 3.2% | 12.2% | 13.4% | 18.1% | 22.2% | 23.0% | 12.7% | 0.2% | 0.4% | — |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.22 | 0.22 | 0.20 | 0.87 | 0.70 | 0.12 | 0.21 | 0.49 | 2.28 | 2.08 | 1.78 |
| Debt / EBITDA | 1.13 | 1.13 | 1.21 | 3.65 | 2.76 | 0.59 | 0.75 | 1.73 | 75.13 | 64.00 | 101.09 |
| Net Debt / Equity | — | -0.84 | -0.70 | -0.27 | -0.36 | -1.75 | -2.14 | -1.32 | 2.08 | 1.74 | 1.55 |
| Net Debt / EBITDA | -4.32 | -4.32 | -4.14 | -1.14 | -1.43 | -8.61 | -7.58 | -4.68 | 68.55 | 53.67 | 87.91 |
| Debt / FCF | — | -5.25 | -5.39 | -2.04 | -2.02 | -14.72 | -5.65 | -5.07 | — | 20.12 | — |
| Interest Coverage | 0.86 | 0.86 | 0.74 | 1.05 | 4.23 | 11.87 | 4.06 | 2.61 | 0.22 | 0.53 | 0.33 |
Net cash position: cash ($473M) exceeds total debt ($98M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 22.99 | 22.99 | 0.13 | 0.15 | 0.14 | 0.26 | 0.24 | 0.21 | 1.85 | 2.27 | — |
| Quick Ratio | 22.99 | 22.99 | 0.13 | 0.15 | 0.14 | 0.26 | 0.24 | 0.21 | 1.85 | 2.27 | — |
| Cash Ratio | 236.91 | 236.91 | 0.10 | 0.11 | 0.10 | 0.19 | 0.18 | 0.15 | 0.46 | 0.80 | — |
| Asset Turnover | — | 0.05 | 0.05 | 0.05 | 0.04 | 0.03 | 0.04 | 0.05 | 0.00 | 0.02 | 0.03 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.7% | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | 27.7% | 27.7% | 35.6% | 27.1% | 34.2% | 122.4% | 73.4% | 89.7% | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.0% | 8.1% | 7.5% | 10.6% | 9.6% | 9.4% | — | 90.9% | 0.6% | 2.6% | 1.9% |
| FCF Yield | 6.9% | 9.4% | 8.4% | 8.5% | 9.7% | 6.2% | — | 88.1% | — | 8.3% | — |
| Buyback Yield | 0.0% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 1.7% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $21M | $20M | $17M | $17M | $15M | $16M | $2M | $2M | $2M | $2M |
CRE Concentration Vulnerability
With a P/B ratio of 2.31, Five Star Bancorp trades at a significant premium to regional peers, suggesting that investors are pricing in superior growth prospects and a high-touch commercial franchise model rather than viewing the bank as a commodity balance sheet entity.
The elevated P/B multiple relative to peers like Banner Corporation and WaFd indicates that the market assigns a scarcity premium to FSBC's specialized Northern California commercial footprint. This valuation implies high expectations for sustained ROTCE expansion, which may be difficult to maintain if regional economic conditions soften.
Based on recent financial disclosures, the bank's ROE has remained in the 3-4% range, a modest level that is partially mitigated by an efficient operating structure, as evidenced by the consistent 24-26% efficiency ratio observed over the last eight quarters of reported data.
The DuPont decomposition suggests that profitability is currently driven more by operational cost control than by aggressive leverage or high asset utilization. Investors should monitor whether the bank can improve its return on equity as it scales, or if the current lean model is reaching its maximum efficiency potential.
According to quarterly financial data, the bank has maintained a remarkably stable NIM of approximately 0.8%, demonstrating an ability to manage funding costs effectively despite the competitive pressures inherent in the Northern California commercial banking landscape throughout the 2024-2025 period.
The bank's ability to keep its efficiency ratio consistently below 26% suggests a high degree of operating leverage, which is critical for maintaining profitability in a low-NIM environment. This operational discipline appears to be a structural feature of the bank's limited branch footprint and high-value commercial client focus.
As reported in recent regulatory filings, the bank maintains an equity-to-assets ratio near 9-10%, reflecting a conservative capital position that provides a robust buffer against potential credit volatility while supporting the bank's ongoing asset expansion strategy in the Northern California market.
The low debt-to-equity ratio of 0.22 indicates that the bank is not overly reliant on wholesale funding, which enhances its resilience to liquidity shocks. This fortress-like balance sheet structure provides management with the flexibility to pursue organic growth opportunities without the immediate need for dilutive capital raises.
The P/E ratio is the most commonly misapplied metric for Five Star Bancorp, as it fails to account for the significant management judgment embedded in the Allowance for Credit Losses, which can create artificial volatility in reported earnings and mask underlying credit quality trends.
Investors should prioritize P/TBV and tangible book value growth over P/E, as the latter is highly sensitive to periodic provisioning spikes like the $17.4 million charge recorded in 2026Q1. Relying on P/E may lead to an incomplete assessment of the bank's true earnings power and risk profile.
Includes 30+ ratios · 10 years · Updated daily
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Quick answers to the most common questions about buying FSBC stock.
Five Star Bancorp's current P/E ratio is 16.6x. The historical average is 33.6x. This places it at the 67th percentile of its historical range.
Five Star Bancorp's current EV/EBITDA is 7.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 17.9x.
Five Star Bancorp's return on equity (ROE) is 14.6%. The historical average is 16.3%.
Based on historical data, Five Star Bancorp is trading at a P/E of 16.6x. This is at the 67th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Five Star Bancorp's current dividend yield is 1.67% with a payout ratio of 27.7%.
Five Star Bancorp has 58.2% gross margin and 32.8% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Five Star Bancorp's Debt/EBITDA ratio is 1.1x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.