Latest Ratios: P/E Ratio -1.1x · EV/EBITDA N/A · ROE -25.2%. (1997–2026 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $8M | $8M | $7M | $7M | $17M | $25M | $31M | $7M | $14M | $10M | $14M |
| Enterprise Value | $14M | $14M | $-13894970 | $6M | $39M | $-5553000 | $9M | $-8822890 | $4M | $-85718180 | $4M |
| P/E Ratio → | -1.12 | — | — | — | — | — | — | — | — | 4.86 | — |
| P/S Ratio | 0.19 | 0.20 | 0.20 | 0.18 | 0.55 | 0.83 | 1.17 | 0.28 | 0.51 | 0.36 | 0.44 |
| P/B Ratio | 0.31 | 0.32 | 0.25 | 0.18 | 0.38 | 0.46 | 0.59 | 0.14 | 0.29 | 0.20 | 0.29 |
| P/FCF | — | — | — | — | — | 3.61 | 15.85 | — | — | — | 23.94 |
| P/OCF | — | — | — | — | — | 3.51 | 14.02 | — | — | — | 16.36 |
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 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.34 | -0.37 | 0.14 | 1.24 | -0.18 | 0.33 | -0.35 | 0.15 | -2.95 | 0.14 |
| EV / EBITDA | — | — | — | — | — | -30.51 | — | — | — | -13.79 | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | -16.11 | — |
| EV / FCF | — | — | — | — | — | -0.80 | 4.42 | — | — | — | 7.51 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 66.9% | 66.9% | 56.3% | 71.7% | 84.0% | 90.1% | 83.7% | 77.8% | 78.5% | 81.4% | 83.9% |
| Operating Margin | -16.8% | -16.8% | -36.8% | -7.3% | -14.1% | -2.8% | -14.7% | -21.4% | -21.8% | 18.3% | -8.9% |
| Net Profit Margin | -16.8% | -16.8% | -36.8% | -7.3% | -14.1% | -2.8% | -14.7% | -21.4% | -21.8% | 18.4% | -9.3% |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -25.2% | -25.2% | -38.2% | -6.8% | -8.8% | -1.6% | -7.7% | -11.3% | -12.0% | 10.8% | -5.7% |
| ROA | -1.0% | -1.0% | -1.8% | -0.4% | -0.6% | -0.1% | -0.6% | -0.9% | -0.9% | 0.8% | -0.4% |
| ROIC | -7.6% | -7.6% | -13.0% | -2.1% | -3.4% | -0.7% | -3.1% | -5.5% | -5.6% | 4.3% | -1.9% |
| ROCE | -1.9% | -1.9% | -15.4% | -2.6% | -3.8% | -0.7% | -3.7% | -6.3% | -6.2% | 4.9% | -2.3% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.10 | 2.10 | 0.98 | 1.35 | 1.42 | 0.55 | 1.02 | 0.65 | 0.45 | 0.74 | 1.04 |
| Debt / EBITDA | — | — | — | — | — | 166.71 | — | — | — | 6.18 | — |
| Net Debt / Equity | — | 0.24 | -0.72 | -0.04 | 0.48 | -0.56 | -0.43 | -0.32 | -0.21 | -1.85 | -0.20 |
| Net Debt / EBITDA | — | — | — | — | — | -168.55 | — | — | — | -15.46 | — |
| Debt / FCF | — | — | — | — | — | -4.41 | -11.43 | — | — | — | -16.43 |
| Interest Coverage | -0.51 | -0.51 | -0.91 | -0.26 | -0.90 | -0.35 | -0.88 | -0.96 | -0.97 | 1.01 | -0.56 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 5.33 | 5.33 | 0.15 | 0.17 | 0.16 | 0.21 | 0.30 | 0.24 | 0.24 | 0.34 | 0.21 |
| Quick Ratio | 5.33 | 5.33 | 0.15 | 0.17 | 0.16 | 0.21 | 0.30 | 0.24 | 0.24 | 0.34 | 0.21 |
| Cash Ratio | 4.98 | 4.98 | 0.08 | 0.09 | 0.07 | 0.10 | 0.14 | 0.10 | 0.07 | 0.23 | 0.10 |
| Asset Turnover | — | 0.06 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | 0.04 | 0.04 |
| 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 2026 | 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 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | 20.6% | — |
| FCF Yield | — | — | — | — | — | 27.7% | 6.3% | — | — | — | 4.2% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 8.1% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 8.1% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $5M | $5M | $5M | $4M | $4M | $3M | $4M | $4M | $4M | $4M |
NYC Commercial Real Estate Concentration
As reported in recent financial filings, Carver Bancorp trades at a P/B ratio of 0.25, a significant discount to historical levels that suggests the market is pricing the institution as a distressed asset rather than a viable, growth-oriented financial franchise with sustainable long-term earnings potential.
The current valuation multiple appears to reflect deep skepticism regarding the bank's ability to return to positive ROTCE. Investors should monitor whether this discount is a permanent reflection of the bank's mission-driven constraints or a temporary mispricing of its strategic value as a CDFI.
Based on the provided quarterly data, Carver Bancorp has consistently reported negative ROE, reaching -8.8% in 2026Q2, which indicates that the bank's current DuPont decomposition is severely hampered by a lack of asset utilization and persistent operational losses that erode shareholder equity over time.
The inability to generate positive returns suggests that the bank's NIM is insufficient to cover the high fixed-cost structure inherent in its branch network. This trend warrants further investigation into whether the bank can achieve the necessary scale to reach break-even profitability without further capital dilution.
According to the bank's reported figures, the net interest margin has remained compressed between 0.4% and 0.8% over the last ten quarters, while the efficiency ratio has frequently exceeded 80%, signaling that the bank lacks the operating leverage required to maintain profitability in a competitive urban market.
The persistent inefficiency suggests that the bank's cost of funding is rising faster than its asset yields, creating a structural drag on performance. Investors should monitor whether management can successfully implement cost-control measures to bring the efficiency ratio back toward industry-standard levels.
As indicated by the quarterly financial statements, the equity-to-assets ratio has remained stagnant at approximately 0.04, which suggests that the bank's capital buffer is increasingly vulnerable to further asset quality deterioration or unexpected losses within its concentrated New York City commercial real estate loan portfolio.
This low capital ratio limits the bank's capacity for growth and leaves little margin for error in the event of a market downturn. The reliance on external capital infusions to maintain regulatory standing appears to be a recurring necessity rather than a strategic choice.
The P/E ratio is the most commonly misapplied metric for Carver Bancorp, as the bank's frequent net losses render the multiple mathematically volatile and economically meaningless for assessing the underlying value of its franchise or its potential for future recovery in a normalized interest rate environment.
Investors should instead focus on P/TBV, which provides a more stable view of the bank's liquidation value and capital adequacy. Relying on P/E in this context obscures the reality that the bank's value is currently tied more to its regulatory status than to its immediate earnings power.
Includes 30+ ratios · 30 years · Updated daily
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying CARV stock.
Carver Bancorp, Inc.'s current P/E ratio is -1.1x. The historical average is 17.2x.
Carver Bancorp, Inc.'s return on equity (ROE) is -25.2%. The historical average is -7.6%.
Based on historical data, Carver Bancorp, Inc. is trading at a P/E of -1.1x. Compare with industry peers and growth rates for a complete picture.
Carver Bancorp, Inc. has 66.9% gross margin and -16.8% operating margin.