Latest Ratios: P/E Ratio 14.5x · EV/EBITDA 15.1x · ROE 6.2%. (2012–2025 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 | $450M | $354M | $373M | $361M | $403M | $520M | $306M | $432M | $316M | $417M | — |
| Enterprise Value | $738M | $642M | $479M | $245M | $754M | $378M | $437M | $430M | $600M | $449M | — |
| P/E Ratio → | 14.53 | 11.28 | 13.94 | 8.50 | 6.26 | 9.16 | 9.32 | 11.03 | 8.66 | 16.29 | — |
| P/S Ratio | 1.89 | 1.49 | 1.61 | 1.53 | 2.11 | 3.13 | 2.00 | 2.70 | 2.78 | 4.78 | — |
| P/B Ratio | 0.87 | 0.68 | 0.73 | 0.71 | 0.83 | 1.11 | 0.72 | 1.06 | 0.84 | 1.57 | — |
| P/FCF | 10.57 | 8.31 | 6.46 | 7.14 | 4.39 | 2.60 | 2.55 | 0.91 | — | 14.84 | — |
| P/OCF | 10.38 | 8.15 | 6.37 | 7.05 | 4.30 | 2.57 | 2.46 | 0.91 | — | 14.49 | — |
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 | — | 2.70 | 2.06 | 1.04 | 3.94 | 2.28 | 2.85 | 2.69 | 5.28 | 5.15 | — |
| EV / EBITDA | 15.13 | 13.16 | 10.65 | 3.50 | 7.36 | 4.01 | 7.90 | 6.93 | 11.69 | 9.14 | — |
| EV / EBIT | 17.52 | 15.23 | 13.41 | 4.06 | 8.25 | 4.68 | 9.20 | 7.77 | 12.99 | 9.60 | — |
| EV / FCF | — | 15.06 | 8.29 | 4.83 | 8.22 | 1.89 | 3.63 | 0.91 | — | 15.99 | — |
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 | 49.9% | 49.9% | 45.2% | 55.4% | 81.0% | 83.9% | 69.9% | 70.5% | 76.5% | 85.3% | 78.6% |
| Operating Margin | 17.7% | 17.7% | 15.4% | 25.5% | 47.7% | 48.8% | 31.0% | 34.6% | 40.7% | 53.7% | 42.3% |
| Net Profit Margin | 13.4% | 13.4% | 11.5% | 18.0% | 33.6% | 34.3% | 21.5% | 24.5% | 31.8% | 29.3% | 24.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.2% | 6.2% | 5.2% | 8.5% | 13.5% | 12.7% | 7.9% | 10.0% | 11.3% | 11.4% | 11.1% |
| ROA | 0.8% | 0.8% | 0.7% | 1.1% | 1.6% | 1.5% | 1.1% | 1.4% | 1.5% | 1.7% | 1.6% |
| ROIC | 3.7% | 3.7% | 3.2% | 5.2% | 7.8% | 8.0% | 5.8% | 6.2% | 5.9% | 11.7% | 12.3% |
| ROCE | 4.8% | 4.8% | 4.1% | 6.8% | 10.4% | 10.6% | 7.8% | 8.3% | 8.2% | 16.7% | 15.9% |
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 | 0.60 | 0.60 | 0.72 | 0.62 | 0.90 | 0.77 | 0.63 | 0.28 | 1.15 | 0.39 | 0.29 |
| Debt / EBITDA | 6.46 | 6.46 | 8.11 | 4.51 | 4.25 | 3.82 | 4.86 | 1.83 | 8.43 | 2.09 | 1.55 |
| Net Debt / Equity | — | 0.55 | 0.21 | -0.23 | 0.72 | -0.30 | 0.30 | -0.00 | 0.76 | 0.12 | -0.12 |
| Net Debt / EBITDA | 5.90 | 5.90 | 2.36 | -1.67 | 3.43 | -1.49 | 2.36 | -0.03 | 5.54 | 0.66 | -0.64 |
| Debt / FCF | — | 6.76 | 1.84 | -2.30 | 3.82 | -0.71 | 1.08 | -0.00 | — | 1.15 | -0.39 |
| Interest Coverage | 0.39 | 0.39 | 0.30 | 0.59 | 2.91 | 3.56 | 1.38 | 1.23 | 1.95 | 3.36 | 2.78 |
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 | 0.13 | 0.13 | 0.12 | 0.16 | 0.13 | 0.26 | 0.15 | 0.12 | 0.12 | 0.10 | 0.11 |
| Quick Ratio | 0.13 | 0.13 | 0.12 | 0.16 | 0.13 | 0.26 | 0.15 | 0.12 | 0.12 | 0.10 | 0.11 |
| Cash Ratio | 0.01 | 0.01 | 0.08 | 0.14 | 0.03 | 0.15 | 0.05 | 0.05 | 0.07 | 0.05 | 0.06 |
| Asset Turnover | — | 0.06 | 0.06 | 0.06 | 0.05 | 0.04 | 0.05 | 0.06 | 0.04 | 0.05 | 0.06 |
| 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 | 2.5% | 3.2% | 3.1% | 3.4% | 2.7% | 1.9% | 2.1% | 1.9% | 1.8% | 1.2% | — |
| Payout Ratio | 35.3% | 35.3% | 44.0% | 28.6% | 16.7% | 17.5% | 19.9% | 20.5% | 15.9% | 20.0% | 13.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.9% | 8.9% | 7.2% | 11.8% | 16.0% | 10.9% | 10.7% | 9.1% | 11.6% | 6.1% | — |
| FCF Yield | 9.5% | 12.0% | 15.5% | 14.0% | 22.8% | 38.5% | 39.3% | 110.1% | — | 6.7% | — |
| Buyback Yield | 3.2% | 4.0% | 5.5% | 1.9% | 4.9% | 2.0% | 2.6% | 0.7% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 5.6% | 7.2% | 8.7% | 5.2% | 7.6% | 3.9% | 4.7% | 2.6% | 1.8% | 1.2% | — |
| Shares Outstanding | — | $17M | $18M | $19M | $19M | $20M | $20M | $20M | $18M | $15M | $14M |
CRE and SBA concentration
According to recent market data, RBB trades at a P/B of 0.89, which suggests that investors are pricing the bank at a discount to its tangible book value, likely reflecting concerns regarding its concentrated ethnic-niche business model and limited liquidity compared to larger regional peers.
The current valuation multiple appears to imply a market expectation of muted long-term return on tangible equity, as the bank struggles to achieve the profitability levels of larger, more diversified competitors. Investors should monitor whether this discount persists as the bank attempts to scale its operations in competitive Eastern US markets.
As reported in financial statements, RBB's ROE has remained constrained in the low single digits, hovering around 2.1% in 2026Q1, which indicates that the bank's profitability is currently pressured by a narrow net interest margin that fails to leverage the bank's asset base effectively.
The DuPont decomposition suggests that the primary drag on profitability is the persistent compression of the net interest margin, which has stagnated at 0.7% over the last several quarters. Without a meaningful expansion in non-interest income or a reduction in the efficiency ratio, the bank may continue to face challenges in generating competitive returns for shareholders.
Based on the bank's reported figures, the efficiency ratio has remained relatively stable between 26% and 34% over the last ten quarters, suggesting that management has maintained disciplined cost control despite the significant headwinds facing the bank's net interest margin in the current interest rate environment.
While the efficiency ratio appears well-managed, the lack of operating leverage is evident as the bank struggles to translate its cost discipline into higher profitability. The reliance on specialized, bilingual staff likely creates a high fixed-cost floor that limits the bank's ability to improve margins during periods of stagnant loan growth.
According to recent SEC filings, RBB has maintained a consistent equity-to-assets ratio of approximately 13%, providing a stable capital buffer that appears sufficient to support the bank's current risk profile and organic growth initiatives in its targeted ethnic-focused business segments.
This capital position suggests that the bank is not currently constrained by regulatory requirements, allowing for potential future capital return or strategic investment. However, investors should monitor whether this capital adequacy remains robust if the bank's CRE and mortgage warehouse portfolios experience increased credit stress.
The P/E ratio is the most commonly misapplied metric for RBB, as it obscures the volatility inherent in the bank's provision for credit losses and the lumpy nature of its SBA loan sale gains, which can artificially inflate or deflate earnings in any given quarter.
Investors should instead focus on P/TBV and core pre-provision net revenue to better assess the bank's underlying earnings power. Relying on P/E ratios in this context may lead to erroneous conclusions about the bank's valuation, as it fails to account for the cyclicality of the bank's non-interest income streams.
Includes 30+ ratios · 14 years · Updated daily
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Quick answers to the most common questions about buying RBB stock.
RBB Bancorp's current P/E ratio is 14.5x. The historical average is 10.5x. This places it at the 89th percentile of its historical range.
RBB Bancorp's current EV/EBITDA is 15.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.3x.
RBB Bancorp's return on equity (ROE) is 6.2%. The historical average is 8.8%.
Based on historical data, RBB Bancorp is trading at a P/E of 14.5x. This is at the 89th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
RBB Bancorp's current dividend yield is 2.47% with a payout ratio of 35.3%.
RBB Bancorp has 49.9% gross margin and 17.7% operating margin. Operating margin between 10-20% is typical for established companies.
RBB Bancorp's Debt/EBITDA ratio is 6.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.