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Business First Bancshares (Business First Bancshares) PB Ratio : 0.93 (As of May. 11, 2024)


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What is Business First Bancshares PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-11), Business First Bancshares's share price is $21.10. Business First Bancshares's Book Value per Share for the quarter that ended in Mar. 2024 was $22.64. Hence, Business First Bancshares's PB Ratio of today is 0.93.

The historical rank and industry rank for Business First Bancshares's PB Ratio or its related term are showing as below:

BFST' s PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.15   Max: 1.78
Current: 0.93

During the past 9 years, Business First Bancshares's highest PB Ratio was 1.78. The lowest was 0.46. And the median was 1.15.

BFST's PB Ratio is ranked worse than
55.8% of 1457 companies
in the Banks industry
Industry Median: 0.86 vs BFST: 0.93

During the past 12 months, Business First Bancshares's average Book Value Per Share Growth Rate was 9.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.70% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Business First Bancshares was 9.40% per year. The lowest was -1.90% per year. And the median was 4.30% per year.

Back to Basics: PB Ratio


Business First Bancshares PB Ratio Historical Data

The historical data trend for Business First Bancshares's PB 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.

* Premium members only.

Business First Bancshares PB Ratio Chart

Business First Bancshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only 1.16 1.02 1.33 1.09 1.09

Business First Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB 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 0.82 0.72 0.89 1.09 0.98

Competitive Comparison of Business First Bancshares's PB Ratio

For the Banks - Regional subindustry, Business First Bancshares's PB Ratio, along with its competitors' market caps and PB 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.


Business First Bancshares's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Business First Bancshares's PB Ratio distribution charts can be found below:

* The bar in red indicates where Business First Bancshares's PB Ratio falls into.



Business First Bancshares PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Business First Bancshares's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=21.10/22.644
=0.93

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Business First Bancshares  (NAS:BFST) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Business First Bancshares PB Ratio Related Terms

Thank you for viewing the detailed overview of Business First Bancshares's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Business First Bancshares (Business First Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
500 Laurel Street, Suite 101, Baton Rouge, LA, USA, 70801
Business First Bancshares Inc is a United States-based bank holding company. The company's services include personal and commercial banking, treasury management, and wealth solutions. It provides a range of financial services to small-to-midsized businesses and professionals. The company generates most of its revenues from interest income on loans, customer service and loan fees, and interest income from securities.
Executives
Mark P. Folse director, officer: EVP - b1BANK 500 LAUREL STREET, BATON ROUGE LA 70801
Rick D. Day director 500 LAUREL STREET, BATON ROUGE LA 70801
Jesse Jackson officer: EVP & Pres., Fin. Institutions 500 LAUREL STREET, BATON ROUGE LA 70801
Kathryn Manning officer: Chief Risk Officer 500 LAUREL STREET, BATON ROUGE LA 70801
John P. Ducrest director 500 LAUREL STREET, BATON ROUGE LA 70801
Greg Robertson officer: CFO and Treasurer 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Arthur Price director 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Steven Gerard White director 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Joseph Vernon Johnson director 500 LAUREL STREET, BATON ROUGE LA 70801
Kenneth W. Smith director 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Andrew D. Mclindon director 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Mccollister Rolfe H. Jr. director 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Keith Mansfield officer: EVP&COO of Business First Bank 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Carol Calkins director 500 LAUREL STREET, BATON ROUGE LA 70801
Smith Edgar R. Iii director 400 EAST THOMAS STREET, HAMMOND LA 70401