Latest Ratios: P/E Ratio 13.6x · EV/EBITDA 9.7x · ROE 11.7%. (1996–2025 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 | $839M | $730M | $622M | $501M | $552M | $446M | $413M | $513M | $396M | $390M | $349M |
| Enterprise Value | $870M | $761M | $633M | $506M | $590M | $469M | $481M | $519M | $409M | $406M | $382M |
| P/E Ratio → | 13.63 | 11.82 | 11.75 | 9.59 | 16.50 | 13.33 | 13.07 | 16.67 | 15.07 | 35.84 | 29.68 |
| P/S Ratio | 3.00 | 2.61 | 2.37 | 2.04 | 2.75 | 2.15 | 1.95 | 3.21 | 2.73 | 2.95 | 2.72 |
| P/B Ratio | 1.52 | 1.32 | 1.26 | 1.12 | 1.39 | 1.13 | 1.21 | 1.57 | 1.31 | 1.37 | 1.27 |
| P/FCF | 10.48 | 9.12 | 11.33 | 10.49 | 6.39 | 3.81 | — | 10.28 | 11.95 | 11.22 | 19.23 |
| P/OCF | 9.57 | 8.33 | 9.78 | 9.15 | 5.96 | 3.65 | — | 9.56 | 11.44 | 10.06 | 15.45 |
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 | — | 2.72 | 2.42 | 2.06 | 2.94 | 2.26 | 2.27 | 3.24 | 2.82 | 3.07 | 2.97 |
| EV / EBITDA | 9.73 | 8.51 | 8.63 | 7.04 | 12.08 | 8.20 | 8.00 | 11.04 | 11.34 | 13.71 | 15.52 |
| EV / EBIT | 10.39 | 9.09 | 9.66 | 7.93 | 14.37 | 9.48 | 9.10 | 12.73 | 13.80 | 17.61 | 21.67 |
| EV / FCF | — | 9.51 | 11.54 | 10.61 | 6.83 | 4.01 | — | 10.39 | 12.34 | 11.68 | 21.00 |
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 | 87.1% | 87.1% | 84.8% | 87.1% | 92.8% | 99.1% | 93.1% | 92.8% | 93.2% | 95.3% | 96.9% |
| Operating Margin | 30.0% | 30.0% | 25.0% | 26.0% | 20.5% | 23.9% | 25.0% | 25.5% | 20.4% | 17.4% | 13.7% |
| Net Profit Margin | 22.0% | 22.0% | 20.2% | 21.3% | 16.7% | 16.1% | 14.9% | 19.2% | 18.1% | 8.2% | 9.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.7% | 11.7% | 11.2% | 12.4% | 8.4% | 9.1% | 9.4% | 9.8% | 8.9% | 3.9% | 4.3% |
| ROA | 1.4% | 1.4% | 1.2% | 1.2% | 0.8% | 0.8% | 0.9% | 1.0% | 0.9% | 0.4% | 0.4% |
| ROIC | 10.3% | 10.3% | 8.8% | 9.2% | 6.2% | 7.7% | 9.1% | 7.9% | 6.0% | 4.8% | 3.4% |
| ROCE | 3.4% | 3.4% | 11.0% | 11.7% | 7.9% | 9.7% | 11.3% | 9.6% | 7.1% | 5.5% | 4.1% |
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 | 0.17 | 0.17 | 0.17 | 0.20 | 0.28 | 0.22 | 0.40 | 0.20 | 0.25 | 0.26 | 0.29 |
| Debt / EBITDA | 1.04 | 1.04 | 1.12 | 1.23 | 2.26 | 1.55 | 2.26 | 1.40 | 2.08 | 2.51 | 3.27 |
| Net Debt / Equity | — | 0.06 | 0.02 | 0.01 | 0.10 | 0.06 | 0.20 | 0.02 | 0.04 | 0.06 | 0.12 |
| Net Debt / EBITDA | 0.35 | 0.35 | 0.16 | 0.08 | 0.78 | 0.40 | 1.13 | 0.12 | 0.36 | 0.54 | 1.31 |
| Debt / FCF | — | 0.39 | 0.21 | 0.11 | 0.44 | 0.20 | — | 0.11 | 0.39 | 0.46 | 1.77 |
| Interest Coverage | 2.56 | 2.56 | 1.84 | 2.89 | 5.96 | 14.17 | 10.86 | 4.29 | 4.30 | 5.84 | 5.52 |
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 | 1.24 | 1.24 | 0.13 | 0.11 | 0.12 | 0.19 | 0.12 | 0.17 | 0.20 | 0.22 | 0.24 |
| Quick Ratio | 1.24 | 1.24 | 0.13 | 0.11 | 0.12 | 0.19 | 0.12 | 0.17 | 0.20 | 0.22 | 0.24 |
| Cash Ratio | 1.24 | 1.24 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Asset Turnover | — | 0.06 | 0.06 | 0.06 | 0.04 | 0.05 | 0.06 | 0.05 | 0.05 | 0.05 | 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 | 2.0% | 2.3% | 2.4% | 2.6% | 2.0% | 2.3% | 2.3% | 1.6% | 1.4% | 1.0% | 0.8% |
| Payout Ratio | 27.7% | 27.7% | 28.2% | 24.7% | 33.5% | 31.3% | 30.3% | 26.1% | 20.8% | 37.5% | 24.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.3% | 8.5% | 8.5% | 10.4% | 6.1% | 7.5% | 7.6% | 6.0% | 6.6% | 2.8% | 3.4% |
| FCF Yield | 9.5% | 11.0% | 8.8% | 9.5% | 15.6% | 26.2% | — | 9.7% | 8.4% | 8.9% | 5.2% |
| Buyback Yield | 0.0% | 0.0% | 0.4% | 0.7% | 0.0% | 0.0% | 0.5% | 0.4% | 2.0% | 0.0% | 1.8% |
| Total Shareholder Yield | 2.0% | 2.3% | 2.8% | 3.3% | 2.0% | 2.3% | 2.8% | 1.9% | 3.4% | 1.0% | 2.6% |
| Shares Outstanding | — | $17M | $17M | $17M | $17M | $17M | $17M | $17M | $17M | $17M | $17M |
Regional Real Estate Concentration
As reported in recent market data, CCBG trades at a P/B of 1.55, which suggests investors are assigning a stability premium to the bank's low-cost institutional deposit franchise compared to regional peers with higher wholesale funding reliance and more volatile balance sheet structures.
The current P/B multiple appears to reflect the market's confidence in the bank's entrenched position within the Tallahassee MSA. While the P/E of 13.88 is reasonable, the valuation implies that investors prioritize the safety of the bank's low-leverage profile over the higher growth potential seen in more aggressive regional competitors.
Based on the provided financial figures, CCBG's ROE has remained constrained in the 2.5% to 3.3% range over the last ten quarters, indicating that the bank's conservative capital structure may be limiting its ability to generate higher returns on equity for shareholders.
The decomposition of profitability suggests that while the bank maintains a stable NIM, the lack of leverage—evidenced by an equity-to-assets ratio of 0.13—acts as a drag on ROE. This suggests that management's focus on a fortress balance sheet may be coming at the expense of optimal capital utilization.
According to quarterly financial data, CCBG has maintained a consistent NIM of 1.0% over the last ten quarters, yet the efficiency ratio has shown volatility, rising to 65.9% in 2026Q1, which may indicate rising costs associated with maintaining a physical branch network.
The stability of the NIM suggests that the bank's core deposit base remains highly effective at insulating the margin from interest rate fluctuations. However, the upward trend in the efficiency ratio warrants further investigation into whether the bank can successfully balance its high-touch service model with necessary digital investments.
As indicated by the bank's minimal debt-to-equity ratio of 0.17, CCBG maintains an exceptionally conservative capital position that provides a significant buffer against regional economic shocks, though it simultaneously limits the bank's capacity for aggressive balance sheet expansion or enhanced capital returns.
The bank's capital adequacy appears robust by any regulatory standard, suggesting that CCBG is well-positioned to weather localized downturns in the Florida real estate market. Investors should monitor whether management intends to deploy this excess capital to improve ROE or if the current conservative stance will persist indefinitely.
The P/E ratio is frequently misapplied to CCBG, as it fails to account for the significant volatility introduced by the provision for credit losses, which can artificially depress earnings in periods of conservative provisioning and obscure the underlying health of the bank's core operations.
Analysts should instead focus on P/TBV and ROE to better understand the bank's valuation and profitability, as these metrics are less sensitive to the subjective accounting adjustments inherent in credit loss provisioning. Relying on P/E may lead to an inaccurate assessment of the bank's true earnings power.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying CCBG stock.
Capital City Bank Group, Inc.'s current P/E ratio is 13.6x. The historical average is 22.2x. This places it at the 19th percentile of its historical range.
Capital City Bank Group, Inc.'s current EV/EBITDA is 9.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.7x.
Capital City Bank Group, Inc.'s return on equity (ROE) is 11.7%. The historical average is 8.4%.
Based on historical data, Capital City Bank Group, Inc. is trading at a P/E of 13.6x. This is at the 19th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Capital City Bank Group, Inc.'s current dividend yield is 2.03% with a payout ratio of 27.7%.
Capital City Bank Group, Inc. has 87.1% gross margin and 30.0% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Capital City Bank Group, Inc.'s Debt/EBITDA ratio is 1.0x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.