FS Bancorp

FS Bancorp EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of FS Bancorp (FSBW) as of Oct 30, 2026 is 7.07. In the previous year, EV/EBIT (Enterprise Value to EBIT) was 7.61 — a change of -7.07% (lower).

EV/EBIT

7.07

YoY

-7.07%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of FS Bancorp is 2025 7.07 . EV/EBIT (Enterprise Value to EBIT) of FS Bancorp was 2024 7.61 . It decreases by -7.07% lower compared to the previous year.

The FS Bancorp EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EV/EBIT
Date
EV/EBIT
Jan 1, 2019
11.25 USD
Jan 1, 2020
6.35 USD
Jan 1, 2021
6.67 USD
Jan 1, 2022
8.55 USD
Jan 1, 2023
6.99 USD
Jan 1, 2024
7.61 USD
Jan 1, 2025
7.07 USD
Jan 1, 2026 (e)
9.01 USD
The FS Bancorp EV/EBIT history
YEAREV/EBITYoY
est9.01+27.42%
7.07-7.07%
7.61+8.88%
6.99-18.30%
8.55+28.20%
6.67+5.12%
6.35-43.57%
11.25+1.56%
11.07-27.97%
15.37-21.75%
19.65-14.62%
23.01-52.93%
48.89+461.97%
8.70+41.23%
6.16—

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

FS Bancorp Valuation

Details

Historical Valuation Multiples

ⓘ

Price-to-Earnings Ratio (P/E)

The P/E ratio divides FS Bancorp's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates FS Bancorp's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots FS Bancorp's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if FS Bancorp grows earnings faster than its peers.

FS Bancorp Stock analysis

What does FS Bancorp do? FS Bancorp Inc. (FSBW) is a bank holding company based in Mountlake Terrace, Washington. The company was founded in 1935 as Fishermen's Mutual Savings Bank and has continuously expanded its offering of financial products and services over the past eight decades. FSBW's core business is deposit taking and lending. The company provides a variety of banking services to retail customers and small to medium-sized businesses, including checking and savings account opening, credit card issuance, foreign exchange trading, and lending. The company also has a wealth management division where it offers a range of investment products such as mutual funds, stocks, and bonds. FSBW has a total of 14 branches in Washington and Oregon, all operating under the name First Savings Bank Northwest. Another important unit of the company is its subsidiary, HomeStreet Bank, which was acquired in 2019 and operates 10 additional branches in Washington, California, and Hawaii. One of FSBW's strengths is its ability to diversify its lending. The company specializes in various types of loans, including commercial real estate loans, construction financing, mortgage loans, agricultural loans, and loans to nonprofit organizations. FSBW also has an extensive network of business bankers who specialize in various industries such as construction, timber and forestry, healthcare, and retail. The company has a strong presence in rural areas in the Northwest United States and prides itself on maintaining a close relationship with its customers. In recent years, FSBW has strengthened its online presence and invested in digital technologies and tools to further enhance and simplify the customer experience. The company has also developed a mobile banking app that allows customers to transfer funds and conduct transactions without having to visit a branch. FSBW has experienced consistent growth in recent years and is now one of the largest banks in Washington. The company has consistently received high ratings from independent rating agencies and has been repeatedly recognized as one of the best-managed financial institutions. The business model of FSBW is simple and clear: the company offers a wide range of banking services tailored to the needs of retail and business customers. Its success is based on a strong asset base and a dedicated workforce that focuses on excellent customer service and close collaboration with customers. FS Bancorp is one of the most popular companies on Eulerpool.

Frequently Asked Questions about FS Bancorp stock

EV/EBIT (Enterprise Value to EBIT) of FS Bancorp is 7.07 in 2025.

EV/EBIT (Enterprise Value to EBIT) of FS Bancorp changed from 7.61 to 7.07, representing a -7.07% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) FS Bancorp since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s FS Bancorp with sector peers and the industry average to assess whether it is attractive.

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Valuation — FS Bancorp

All Key Metrics — FS Bancorp