Latest Ratios: P/E Ratio 21.2x · EV/EBITDA 14.0x · ROE 13.7%. (2017–2025 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $442M | $491M | $577M | $183M | $138M | $131M | — | — | — | — |
| Enterprise Value | $474M | $524M | $608M | $147M | $30M | $-77949803 | — | — | — | — |
| P/E Ratio → | 21.19 | 23.53 | 30.94 | 16.74 | 12.74 | 11.94 | — | — | — | — |
| P/S Ratio | 4.03 | 4.48 | 9.60 | 3.11 | 3.05 | 3.39 | — | — | — | — |
| P/B Ratio | 2.67 | 2.96 | 4.10 | 1.86 | 1.59 | 1.72 | — | — | — | — |
| P/FCF | — | — | 21.96 | — | 14.58 | — | — | — | — | — |
| P/OCF | — | — | 21.80 | — | 14.11 | — | — | — | — | — |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 4.78 | 10.11 | 2.49 | 0.67 | -2.02 | — | — | — | — |
| EV / EBITDA | 14.02 | 15.47 | 24.35 | 7.09 | 1.52 | -4.08 | — | — | — | — |
| EV / EBIT | 17.51 | 19.33 | 24.35 | 10.86 | 2.16 | -5.40 | — | — | — | — |
| EV / FCF | — | — | 23.14 | — | 3.21 | — | — | — | — | — |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 65.8% | 65.8% | 38.2% | 75.8% | 89.5% | 93.4% | 87.7% | 83.4% | 93.0% | 96.2% |
| Operating Margin | 24.7% | 24.7% | 39.8% | 22.9% | 31.0% | 37.5% | 32.5% | 31.6% | 36.4% | 39.7% |
| Net Profit Margin | 19.1% | 19.1% | 31.0% | 18.5% | 24.0% | 28.5% | 24.3% | 25.0% | 28.6% | 20.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 13.7% | 13.7% | 15.6% | 11.8% | 13.4% | 15.6% | 13.0% | 13.8% | 14.7% | 9.6% |
| ROA | 1.7% | 1.7% | 1.8% | 1.4% | 1.7% | 2.0% | 1.7% | 1.8% | 2.1% | 1.3% |
| ROIC | 10.8% | 10.8% | 10.8% | 7.4% | 9.6% | 12.1% | 11.8% | 13.1% | 14.1% | 14.1% |
| ROCE | 2.9% | 2.9% | 7.3% | 10.3% | 12.3% | 15.6% | 15.7% | 17.5% | 18.7% | 18.8% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.23 | 0.23 | 0.22 | 0.62 | 0.33 | 0.37 | 0.18 | — | — | — |
| Debt / EBITDA | 1.12 | 1.12 | 1.24 | 2.97 | 1.45 | 1.45 | 1.16 | — | — | — |
| Net Debt / Equity | — | 0.20 | 0.22 | -0.37 | -1.24 | -2.75 | -2.15 | -2.38 | -1.67 | -2.25 |
| Net Debt / EBITDA | 0.97 | 0.97 | 1.24 | -1.76 | -5.40 | -10.91 | -14.22 | -14.18 | -9.16 | -11.39 |
| Debt / FCF | — | — | 1.18 | — | -11.37 | — | -5.09 | — | — | — |
| Interest Coverage | 0.81 | 0.81 | 0.86 | 1.03 | 4.10 | 9.82 | 6.17 | 3.27 | 7.99 | 15.48 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.87 | 0.87 | 0.21 | 0.13 | 0.25 | 0.48 | 0.40 | 0.35 | 0.31 | 0.40 |
| Quick Ratio | 0.87 | 0.87 | 0.21 | 0.13 | 0.25 | 0.48 | 0.40 | 0.35 | 0.31 | 0.40 |
| Cash Ratio | 0.87 | 0.87 | 0.20 | 0.13 | 0.24 | 0.46 | 0.38 | 0.34 | 0.28 | 0.37 |
| Asset Turnover | — | 0.08 | 0.05 | 0.06 | 0.07 | 0.06 | 0.06 | 0.06 | 0.07 | 0.07 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.7% | 4.2% | 3.2% | 6.0% | 7.9% | 8.4% | — | — | — | — |
| FCF Yield | — | — | 4.6% | — | 6.9% | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — |
| Shares Outstanding | — | $14M | $13M | $13M | $13M | $13M | $12M | $12M | $12M | $12M |
SBA secondary market volatility
According to recent market data, GBFH trades at a P/B of 2.68, a valuation that appears disconnected from its historical ROE performance which has struggled to consistently exceed 5% over the last ten quarters as reported in the company's financial disclosures.
The current P/B multiple suggests the market may be pricing the bank as a high-growth fintech-like franchise rather than a regional lender with significant geographic concentration. Investors should monitor whether this premium can be sustained given the volatility in earnings and the lack of a dividend yield to support the valuation floor.
Based on the bank's reported figures, the ROE has remained in the low single digits, with the DuPont decomposition indicating that profitability is heavily reliant on volatile non-interest income streams rather than stable net interest margin expansion or efficient asset utilization.
The bank's reliance on SBA gain-on-sale premiums introduces significant earnings noise that obscures the underlying core profitability of the loan book. The persistent compression of the NIM toward 1% suggests that the bank's funding costs are effectively neutralizing the yield benefits of its specialized lending niche.
As reported in financial statements, the efficiency ratio has exhibited extreme swings, reaching 60% in 2024Q4, which indicates that the bank's operating leverage is highly sensitive to the cyclical nature of its SBA-focused revenue model rather than disciplined cost control.
The inability to maintain a stable efficiency ratio suggests that the bank's fixed cost base, driven by specialized underwriting staff, may be too high relative to the current revenue run rate. This volatility warrants further investigation into whether the bank can scale its operations without incurring disproportionate overhead costs.
As noted in recent SEC filings, the P/E ratio is a fundamentally misapplied metric for GBFH because it fails to account for the non-recurring, volatile nature of SBA gain-on-sale premiums that frequently distort the bottom line and mask the bank's true core earnings power.
Investors should instead focus on P/TBV and adjusted ROA, which provide a clearer view of the bank's capital efficiency and asset quality. Relying on P/E ratios in this context may lead to an overestimation of the bank's earnings durability, particularly during periods of secondary market contraction.
Includes 30+ ratios · 9 years · Updated daily
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Quick answers to the most common questions about buying GBFH stock.
GBank Financial Holdings Inc.'s current P/E ratio is 21.2x. The historical average is 19.2x. This places it at the 60th percentile of its historical range.
GBank Financial Holdings Inc.'s current EV/EBITDA is 14.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.1x.
GBank Financial Holdings Inc.'s return on equity (ROE) is 13.7%. The historical average is 13.5%.
Based on historical data, GBank Financial Holdings Inc. is trading at a P/E of 21.2x. This is at the 60th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
GBank Financial Holdings Inc. has 65.8% gross margin and 24.7% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
GBank Financial Holdings Inc.'s Debt/EBITDA ratio is 1.1x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.