Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 10.89 as of 2026-10-06T16:22:18.015Z.
Consensus retrieved: 2026-10-06T11:22:46.994Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-10-06T16:22:18.015Z.
Quote observation: 2026-10-06T16:20:09.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 5fefa8d790e0f185ee6340ff7dabd2b78342d7b818e61732d675d65d644b31cc
Forward PE Ratio (10.89) = Dated Quote Price ($71.22) / Consensus Forward EPS ($6.54)
FORWARD PE RATIO
10.89
SECTOR MEDIAN · FINANCIAL SERVICES
11.17
median of 348 covered companies
CURRENT VS SECTOR MEDIAN
-2.51%
vs the sector median at left
First Business Financial Services, Inc.
Market Cap
$595.60M
Forward PE Ratio
10.89
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| First Business Financial Services, Inc. (FBIZ) | $595.60M | 10.89 |
| Greene County Bancorp, Inc. (GCBC)vs › | $590.37M | N/A |
| Gemini Space Station, Inc. (GEMI)vs › | $589.95M | N/A |
| Kearny Financial Corp. (KRNY)vs › | $583.07M | 11.78 |
| Forward Industries, Inc. (FWDI)vs › | $611.05M | 38.84 |
| Arrow Financial Corporation (AROW)vs › | $616.45M | 10.62 |
| Southern First Bancshares, Inc. (SFST)vs › | $572.89M | 12.12 |
| Hingham Institution for Savings (HIFS)vs › | $618.65M | N/A |
| Gladstone Investment Corp. (GAIN)vs › | $620.43M | 15.54 |
| Bridgewater Bancshares, Inc. (BWB)vs › | $570.36M | 11.13 |
Trailing P/E
10.7
reported TTM EPS
Forward P/E
10.9
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $6.54 implies -1.4% EPS decline vs the reported trailing $6.63.
At the dated quote price of $71.22, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $6.54 | $6.34 – $6.75 | 4 | 10.9x |
| 2027-12-31 | $6.95 | $6.81 – $7.06 | 4 | 10.2x |
| 2028-12-31 | $7.80 | $7.72 – $7.89 | 1 | 9.1x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
