Latest Ratios: P/E Ratio 12.9x · EV/EBITDA 11.2x · ROE 13.5%. (2001–2025 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 | $407M | $291M | $282M | $245M | $219M | $189M | $123M | $138M | $119M | $120M | $97M |
| Enterprise Value | $474M | $359M | $262M | $276M | $65M | $-164341430 | $-32816000 | $117M | $95M | $53M | $54M |
| P/E Ratio → | 12.86 | 9.84 | 9.85 | 8.24 | 8.29 | 8.99 | 8.48 | 8.88 | 8.47 | 14.68 | 12.93 |
| P/S Ratio | 3.76 | 2.69 | 3.87 | 2.89 | 3.11 | 3.34 | 2.57 | 2.92 | 2.75 | 3.24 | 2.97 |
| P/B Ratio | 1.46 | 1.12 | 1.59 | 1.67 | 1.84 | 1.41 | 1.23 | 1.63 | 1.77 | 2.16 | 2.02 |
| P/FCF | 20.06 | 14.36 | 9.45 | 6.80 | 4.07 | — | 5.34 | 9.80 | 10.07 | 10.99 | 11.67 |
| P/OCF | 18.84 | 13.49 | 9.24 | 6.40 | 3.85 | — | 4.99 | 8.91 | 7.58 | 10.48 | 10.88 |
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 | — | 3.31 | 3.59 | 3.25 | 0.92 | -2.91 | -0.69 | 2.48 | 2.21 | 1.43 | 1.67 |
| EV / EBITDA | 11.17 | 8.45 | 6.47 | 6.59 | 1.72 | -5.45 | -1.54 | 5.15 | 4.72 | 3.21 | 4.09 |
| EV / EBIT | 11.97 | 9.06 | 6.71 | 6.86 | 1.81 | -5.77 | -1.64 | 5.49 | 4.98 | 3.43 | 4.45 |
| EV / FCF | — | 17.68 | 8.78 | 7.65 | 1.20 | — | -1.43 | 8.33 | 8.09 | 4.85 | 6.56 |
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 | 80.9% | 80.9% | 83.8% | 91.1% | 96.4% | 96.0% | 90.8% | 93.1% | 94.8% | 95.6% | 94.4% |
| Operating Margin | 36.6% | 36.6% | 53.5% | 47.4% | 50.6% | 50.4% | 41.7% | 45.3% | 44.4% | 41.7% | 37.5% |
| Net Profit Margin | 27.4% | 27.4% | 39.3% | 35.1% | 37.5% | 37.2% | 30.2% | 32.9% | 32.5% | 22.0% | 22.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 13.5% | 13.5% | 17.6% | 22.4% | 20.9% | 17.9% | 15.7% | 20.5% | 22.8% | 15.8% | 16.5% |
| ROA | 1.5% | 1.5% | 1.8% | 1.8% | 1.6% | 1.5% | 1.5% | 1.8% | 1.8% | 1.2% | 1.2% |
| ROIC | 9.2% | 9.2% | 11.6% | 14.7% | 17.3% | 14.7% | 12.5% | 15.9% | 17.2% | 16.1% | 13.7% |
| ROCE | 14.1% | 14.1% | 16.1% | 21.0% | 26.1% | 21.9% | 19.0% | 24.9% | 26.7% | 24.5% | 20.7% |
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 | 0.57 | 0.57 | 0.35 | 0.79 | 0.24 | 0.21 | 0.29 | 0.31 | 0.35 | 0.37 | 0.42 |
| Debt / EBITDA | 3.49 | 3.49 | 1.53 | 2.77 | 0.77 | 0.91 | 1.37 | 1.16 | 1.16 | 1.23 | 1.52 |
| Net Debt / Equity | — | 0.26 | -0.11 | 0.21 | -1.30 | -2.63 | -1.55 | -0.24 | -0.35 | -1.21 | -0.88 |
| Net Debt / EBITDA | 1.59 | 1.59 | -0.50 | 0.73 | -4.11 | -11.70 | -7.28 | -0.91 | -1.16 | -4.06 | -3.19 |
| Debt / FCF | — | 3.32 | -0.68 | 0.84 | -2.87 | — | -6.76 | -1.46 | -1.98 | -6.13 | -5.11 |
| Interest Coverage | 2.85 | 2.85 | 3.67 | 8.38 | 28.56 | 25.08 | 16.25 | 12.24 | 15.47 | 15.25 | 11.96 |
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 | 0.25 | 0.25 | 0.37 | 0.42 | 0.45 | 0.49 | 0.38 | 0.29 | 0.31 | 0.35 | 0.30 |
| Quick Ratio | 0.25 | 0.25 | 0.37 | 0.42 | 0.45 | 0.49 | 0.38 | 0.29 | 0.31 | 0.35 | 0.30 |
| Cash Ratio | 0.04 | 0.04 | 0.06 | 0.06 | 0.12 | 0.26 | 0.19 | 0.06 | 0.06 | 0.13 | 0.10 |
| Asset Turnover | — | 0.05 | 0.04 | 0.05 | 0.04 | 0.04 | 0.04 | 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% | 2.7% | 2.3% | 2.4% | 1.7% | 1.6% | 1.5% | 1.7% | 1.6% | 1.2% | 0.5% |
| Payout Ratio | 26.1% | 26.1% | 22.2% | 19.7% | 14.1% | 14.7% | 12.9% | 15.3% | 13.2% | 17.1% | 6.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.8% | 10.2% | 10.2% | 12.1% | 12.1% | 11.1% | 11.8% | 11.3% | 11.8% | 6.8% | 7.7% |
| FCF Yield | 5.0% | 7.0% | 10.6% | 14.7% | 24.6% | — | 18.7% | 10.2% | 9.9% | 9.1% | 8.6% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.1% | 0.0% | 0.0% | 0.0% | 0.9% |
| Total Shareholder Yield | 2.0% | 2.7% | 2.3% | 2.4% | 1.7% | 1.8% | 1.6% | 1.7% | 1.6% | 1.2% | 1.4% |
| Shares Outstanding | — | $7M | $6M | $6M | $6M | $6M | $5M | $5M | $5M | $5M | $5M |
Localized geographic concentration risk
Based on recent market data, PLBC trades at a P/B of 1.47, which suggests investors are pricing in a premium for the bank's successful geographic expansion into the Reno-Sparks corridor compared to its more stagnant legacy rural markets in Northeastern California.
The current P/B multiple appears to reflect market confidence in the bank's ability to capture higher-growth commercial lending opportunities. However, investors should monitor whether this valuation remains sustainable if the bank's ROE, which has hovered in the low-to-mid single digits, does not show a more pronounced upward trajectory to justify the premium over book value.
As reported in quarterly financial filings, the bank's ROE has remained constrained between 2.3% and 5.6% over the last ten quarters, indicating that while the bank maintains a fortress balance sheet, its overall profitability is currently limited by modest asset utilization and a reliance on fee-based SBA income.
The decomposition of profitability suggests that the bank's reliance on a conservative equity-to-assets ratio of approximately 12% acts as a drag on ROE. While this capital-heavy approach ensures safety, it may indicate that the bank is under-leveraged, potentially limiting its ability to generate higher returns on equity without a significant shift in its asset-mix or operating efficiency.
According to historical data, the efficiency ratio has generally remained in the mid-40% range, demonstrating that Plumas Bancorp has successfully maintained cost discipline despite the fixed-cost burdens associated with its 14-branch network and the ongoing strategic investment in the competitive Reno-Tahoe market.
The stability of the net interest margin, consistently between 1.1% and 1.2%, suggests that the bank's deposit base remains sticky and resistant to rapid repricing. This efficiency, however, warrants further investigation as the bank competes for more complex commercial credits, which may necessitate higher operating expenses and potentially pressure the current margin profile.
Based on the reported equity-to-assets ratio of 0.12 as of 2026Q1, the bank maintains a robust capital buffer that provides significant flexibility for organic growth and potential credit shocks, as evidenced by its consistent ability to fund expansion without resorting to external equity dilution.
The bank's conservative capital structure appears to be a deliberate strategic choice, prioritizing long-term stability over aggressive financial engineering. While this provides a strong foundation, it may also suggest that the bank has significant 'dry powder' to deploy, which could be a catalyst for future earnings growth if management identifies accretive lending opportunities.
Investors frequently misapply the P/E ratio to Plumas Bancorp, as this metric is heavily distorted by the volatility of the provision for credit losses and the transactional nature of SBA loan sale gains, which do not reflect the bank's underlying recurring earnings power.
The P/E ratio obscures the bank's true operational performance by failing to account for the non-cash nature of CECL-driven provisions and the cyclicality of fee income. A more appropriate valuation approach for this institution would be to focus on P/TBV, which provides a clearer view of the bank's tangible capital base and its ability to generate returns on that capital over the long term.
Includes 30+ ratios · 25 years · Updated daily
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Quick answers to the most common questions about buying PLBC stock.
Plumas Bancorp's current P/E ratio is 12.9x. The historical average is 19.6x. This places it at the 54th percentile of its historical range.
Plumas Bancorp's current EV/EBITDA is 11.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.9x.
Plumas Bancorp's return on equity (ROE) is 13.5%. The historical average is 12.2%.
Based on historical data, Plumas Bancorp is trading at a P/E of 12.9x. This is at the 54th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Plumas Bancorp's current dividend yield is 2.03% with a payout ratio of 26.1%.
Plumas Bancorp has 80.9% gross margin and 36.6% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Plumas Bancorp's Debt/EBITDA ratio is 3.5x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.