Company Valuation: PB Financial Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 69.89 88.3 93.77 97.96 130.9 164.8
Change - 26.35% 6.19% 4.47% 33.67% 25.88%
Enterprise Value (EV) 1 75.35 105 165.2 156.8 166.4 185.3
Change - 39.39% 57.24% -5.08% 6.15% 11.36%
P/E 10.6x 9.2x 6.69x 6.8x 8.15x 7.79x
PBR 1.2x 1.35x 1.39x 1.12x 1.13x 1.22x
PEG - 0.2x 0.2x -0.92x -1.88x 0.3x
Capitalization / Revenue 4.06x 4.06x 3.27x 3.2x 3.13x 3.14x
EV / Revenue 4.38x 4.83x 5.77x 5.12x 3.98x 3.53x
EV / EBITDA - - - - - -
EV / EBIT - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 0.835 1.01 1.23 1.86 2.15 2.34
Rate of return 2.61% 2.53% 2.95% 4.74% 4.78% 4.23%
EPS 2 3.03 4.35 6.23 5.77 5.52 7.11
Distribution rate 27.6% 23.2% 19.7% 32.2% 38.9% 32.9%
Net sales 1 17.2 21.77 28.63 30.61 41.77 52.48
EBITDA - - - - - -
EBIT - - - - - -
Net income 1 6.808 9.819 14.25 13.92 16.92 22.83
Net Debt 1 5.464 16.73 71.4 58.82 35.48 20.49
Reference price 2 32.00 40.00 41.65 39.26 44.97 55.37
Nbr of stocks (in thousands) 2,184 2,208 2,251 2,495 2,912 2,977
Announcement Date 3/16/21 4/28/22 5/18/23 3/2/24 3/3/25 4/23/26
1USD in Million2USD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 224M
13.87x - - 1.8% 931B
12.74x - - 2.01% 416B
6.34x - - 4.88% 415B
12.67x - - 4.12% 355B
6.38x - - 4.83% 338B
6.8x - - 4.66% 301B
17.57x - - 2.4% 284B
12.14x - - 2.15% 268B
14.87x - - 2.65% 271B
Average 11.49x 3.28% 357.84B
Weighted average by Cap. 11.68x 3.08%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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