Latest Ratios: P/E Ratio 16.6x · EV/EBITDA 22.7x · ROE 5.5%. (2015–2025 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 | $478M | $380M | $293M | $223M | $211M | $243M | $175M | $256M | $227M | $280M | — |
| Enterprise Value | $977M | $879M | $780M | $800M | $708M | $208M | $249M | $333M | $227M | $257M | — |
| P/E Ratio → | 16.60 | 13.74 | 28.26 | 65.07 | — | 9.60 | 45.70 | — | 84.93 | — | — |
| P/S Ratio | 2.46 | 1.96 | 1.75 | 1.66 | 2.43 | 3.14 | 2.88 | 4.88 | 4.70 | 6.78 | — |
| P/B Ratio | 0.85 | 0.70 | 0.58 | 0.45 | 0.43 | 1.29 | 1.10 | 1.62 | 1.34 | 1.70 | — |
| P/FCF | 8.75 | 6.96 | 65.24 | 36.62 | 22.72 | 16.93 | — | 208.33 | 106.84 | 47.69 | — |
| P/OCF | 8.59 | 6.84 | 40.65 | 34.31 | 21.58 | 13.12 | — | 50.78 | 28.78 | 32.42 | — |
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 | — | 4.53 | 4.66 | 5.95 | 8.12 | 2.69 | 4.09 | 6.34 | 4.69 | 6.21 | — |
| EV / EBITDA | 22.70 | 20.44 | 38.19 | 77.12 | — | 5.77 | 32.14 | — | 40.48 | — | — |
| EV / EBIT | 24.72 | 22.26 | 49.72 | 136.75 | — | 6.20 | 47.61 | — | 59.65 | — | — |
| EV / FCF | — | 16.10 | 173.54 | 131.60 | 76.02 | 14.49 | — | 270.71 | 106.66 | 43.72 | — |
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 | 54.5% | 54.5% | 47.7% | 54.2% | 53.9% | 85.9% | 77.3% | 76.0% | 77.8% | 79.4% | 83.4% |
| Operating Margin | 20.3% | 20.3% | 9.4% | 4.4% | -42.3% | 43.3% | 8.6% | -11.5% | 7.9% | -7.2% | 6.9% |
| Net Profit Margin | 14.8% | 14.8% | 6.6% | 2.5% | -34.4% | 32.8% | 6.3% | -9.8% | 5.5% | -10.6% | 4.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 5.5% | 5.5% | 2.2% | 0.7% | -8.8% | 14.6% | 2.4% | -3.1% | 1.6% | -3.4% | 1.5% |
| ROA | 0.9% | 0.9% | 0.4% | 0.1% | -1.5% | 1.7% | 0.3% | -0.5% | 0.3% | -0.5% | 0.2% |
| ROIC | 2.6% | 2.6% | 1.0% | 0.4% | -4.1% | 8.2% | 1.4% | -1.8% | 1.3% | -1.5% | 1.8% |
| ROCE | 3.4% | 3.4% | 1.3% | 0.5% | -4.9% | 10.5% | 2.2% | -2.5% | 1.8% | -2.0% | 2.4% |
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 | 1.15 | 1.15 | 1.24 | 1.46 | 1.12 | 0.64 | 0.93 | 0.66 | 0.41 | 0.22 | 0.06 |
| Debt / EBITDA | 14.53 | 14.53 | 30.69 | 69.09 | — | 3.36 | 19.18 | — | 12.40 | — | 1.42 |
| Net Debt / Equity | — | 0.92 | 0.96 | 1.18 | 1.01 | -0.19 | 0.46 | 0.48 | -0.00 | -0.14 | -0.06 |
| Net Debt / EBITDA | 11.60 | 11.60 | 23.83 | 55.66 | — | -0.97 | 9.53 | — | -0.07 | — | -1.35 |
| Debt / FCF | — | 9.14 | 108.30 | 94.98 | 53.30 | -2.44 | — | 62.38 | -0.18 | -3.97 | -1.50 |
| Interest Coverage | 0.46 | 0.46 | 0.18 | 0.10 | -2.28 | 4.07 | 0.46 | -0.49 | 0.40 | -0.44 | 0.41 |
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 | 0.12 | 0.12 | 0.14 | 0.18 | 0.16 | 0.23 | 0.09 | 0.07 | 0.12 | 0.13 | 0.10 |
| Quick Ratio | 0.12 | 0.12 | 0.14 | 0.18 | 0.16 | 0.23 | 0.09 | 0.07 | 0.12 | 0.13 | 0.10 |
| Cash Ratio | 0.06 | 0.06 | 0.07 | 0.09 | 0.04 | 0.13 | 0.07 | 0.03 | 0.08 | 0.08 | 0.02 |
| Asset Turnover | — | 0.06 | 0.06 | 0.05 | 0.04 | 0.05 | 0.04 | 0.05 | 0.05 | 0.04 | 0.05 |
| 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 | 0.2% | 0.3% | 0.2% | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| 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% | 7.3% | 3.5% | 1.5% | — | 10.4% | 2.2% | — | 1.2% | — | — |
| FCF Yield | 11.4% | 14.4% | 1.5% | 2.7% | 4.4% | 5.9% | — | 0.5% | 0.9% | 2.1% | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 4.9% | 0.0% | 0.7% | 2.7% | 6.2% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 0.2% | 0.3% | 0.2% | 4.9% | 0.0% | 0.7% | 2.7% | 6.2% | 0.0% | 0.0% | — |
| Shares Outstanding | — | $23M | $23M | $23M | $23M | $17M | $17M | $17M | $18M | $18M | $8M |
NYC Multifamily Concentration Risk
As reported in recent financial filings, PDLB trades at a P/B of 0.85, which suggests that the market continues to apply a complexity discount to the bank's valuation despite its fortified capital position following the recent mutual-to-stock conversion and the receipt of ECIP funding.
The current valuation appears to undervalue the bank's unique access to non-dilutive federal capital, which serves as a structural moat against liquidity shocks. Investors should monitor whether the market begins to re-rate the stock as management demonstrates the ability to deploy this excess capital into higher-yielding C&I assets.
Based on the bank's reported figures, the ROE has remained modest at 1.6% in 2026Q1, indicating that while the bank is profitable, its return on equity is currently constrained by a low NIM of 0.9% and a heavy reliance on its substantial equity base.
The DuPont decomposition suggests that profitability is currently driven more by the bank's fortress-like capital structure than by high asset utilization or aggressive leverage. Future improvements in ROE will likely depend on the bank's ability to expand its net interest margin through a more favorable asset mix shift.
According to the latest quarterly data, PDLB has successfully reduced its efficiency ratio to 34.0% in 2026Q1 from 54.0% in 2023Q4, demonstrating a significant improvement in operating leverage that helps mitigate the impact of a compressed 0.9% net interest margin.
This trend suggests that management is effectively scaling the bank's cost structure following the conversion process. However, the sustainability of this efficiency ratio warrants further investigation, as it may be sensitive to future investments in compliance and technology required for the bank's MDI/CDFI mission.
As indicated by the stable equity-to-assets ratio of 0.17 maintained over the last ten quarters, PDLB possesses a robust capital cushion that appears to insulate the institution against potential volatility in its core New York City multifamily real estate loan portfolio.
This capital adequacy level is significantly higher than many regional peers, providing a strategic buffer that may allow the bank to gain market share during periods of credit tightening. Investors should monitor how management balances this capital strength with the need to generate competitive returns for shareholders.
The P/E ratio is the most commonly misapplied metric for PDLB, as it obscures the impact of lumpy CDFI grant recognition and the accounting treatment of ECIP preferred stock dividends, which can create significant volatility in reported earnings that does not reflect core operational performance.
Analysts should instead focus on P/TBV and core ROE, which provide a more accurate picture of the bank's underlying value and profitability. Relying on P/E in this context may lead to erroneous conclusions about the bank's earnings durability and its ability to navigate the current interest rate cycle.
Includes 30+ ratios · 11 years · Updated daily
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Quick answers to the most common questions about buying PDLB stock.
Ponce Financial Group, Inc.'s current P/E ratio is 16.6x. The historical average is 41.2x. This places it at the 33th percentile of its historical range.
Ponce Financial Group, Inc.'s current EV/EBITDA is 22.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 35.7x.
Ponce Financial Group, Inc.'s return on equity (ROE) is 5.5%. The historical average is 1.4%.
Based on historical data, Ponce Financial Group, Inc. is trading at a P/E of 16.6x. This is at the 33th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Ponce Financial Group, Inc.'s current dividend yield is 0.24%.
Ponce Financial Group, Inc. has 54.5% gross margin and 20.3% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Ponce Financial Group, Inc.'s Debt/EBITDA ratio is 14.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.