BAFN (BayFirst Financial) Shiller PE Ratio: (As of Aug. 23, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BAFN BayFirst Financial Corp BAFN
47 GF Score
Price $7.31
GF Value $2.86
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is BayFirst Financial Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


BayFirst Financial  (NAS:BAFN) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


BayFirst Financial Shiller PE Ratio Related Terms


BayFirst Financial Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for BayFirst Financial's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BayFirst Financial Shiller PE Ratio Chart

BayFirst Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.77 8.24 6.19 5.62 5.82

BayFirst Financial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.35 6.99 5.82 5.78 0.00

BAFN vs JFWV, PFSB, CNBZ: Shiller PE Ratio Comparison

For the Banks - Regional subindustry, BayFirst Financial's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BayFirst Financial Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, BayFirst Financial's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where BayFirst Financial's Shiller PE Ratio falls into.


BAFN
47GF Score
BayFirst Financial Corp BAFN
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BayFirst Financial Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

BayFirst Financial's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, BayFirst Financial's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-6.159/333.9520*333.9520
=-6.159

Current CPI (Jun. 2026) = 333.9520.

BayFirst Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
199709 0.107 161.200 0.222
199712 0.107 161.300 0.222
199803 0.110 162.200 0.226
201312 0.000 233.049 0.000
201412 0.000 234.812 0.000
201506 0.000 238.638 0.000
201512 0.000 236.525 0.000
201612 0.000 241.432 0.000
201712 0.000 246.524 0.000
201812 0.000 251.233 0.000
201903 0.000 254.202 0.000
201906 0.000 256.143 0.000
201909 0.000 256.759 0.000
201912 0.000 256.974 0.000
202003 0.000 258.115 0.000
202006 0.000 257.797 0.000
202009 1.048 260.280 1.345
202012 1.164 260.474 1.492
202103 1.393 264.877 1.756
202106 2.280 271.696 2.802
202109 0.199 274.310 0.242
202112 0.467 278.802 0.559
202203 -0.038 287.504 -0.044
202206 -0.092 296.311 -0.104
202209 -0.306 296.808 -0.344
202212 0.207 296.797 0.233
202303 0.099 301.836 0.110
202306 0.222 305.109 0.243
202309 0.314 307.789 0.341
202312 0.245 306.746 0.267
202403 0.084 312.332 0.090
202406 0.092 314.175 0.098
202409 0.138 315.301 0.146
202412 1.614 315.605 1.708
202503 -0.245 319.799 -0.256
202506 -0.413 322.561 -0.428
202509 -3.566 324.800 -3.666
202512 -0.528 324.054 -0.544
202603 -1.178 330.213 -1.191
202606 -6.159 333.952 -6.159

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is BayFirst Financial (BAFN) Overvalued in 2026?

Based on GuruFocus' analysis, BayFirst Financial stock appears to be overvalued. The current stock price of $7.31 is trading 155.6% above its estimated GF Value™ of $2.86. GuruFocus considers BayFirst Financial to be Significantly Overvalued.

Key valuation signals for BAFN:

  • Shiller PE Ratio:
  • GF Value™: $2.86 vs. price of $7.31 (155.6% above fair value)
  • GF Score™: 47/100 with 4 warning signs

No single metric tells the full story. See the BAFN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BayFirst Financial Business Description

Address 700 Central Avenue, Suite 100, Saint Petersburg, FL, USA, 33701
BayFirst Financial Corp is a bank holding company that operates through its wholly owned subsidiary. The Company generates the majority of its revenue from interest on loans and noninterest income. The primary sources of funding for its loans are loan payments, deposits, and borrowings. It is dependent on noninterest income, which is derived from net gain on the sales of the guaranteed portion of government-guaranteed loans and service fee income. The company provides personal banking and business banking services.
47GF Score

Get the complete analysis for BAFN

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.31
Price
$2.86
GF Value