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First Community Bankshares (First Community Bankshares) PB Ratio : 1.21 (As of Apr. 25, 2024)


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What is First Community Bankshares 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 (2024-04-25), First Community Bankshares's share price is $33.00. First Community Bankshares's Book Value per Share for the quarter that ended in Dec. 2023 was $27.20. Hence, First Community Bankshares's PB Ratio of today is 1.21.

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

FCBC' s PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.2   Max: 1.74
Current: 1.21

During the past 13 years, First Community Bankshares's highest PB Ratio was 1.74. The lowest was 0.75. And the median was 1.20.

FCBC's PB Ratio is ranked worse than
76.01% of 1459 companies
in the Banks industry
Industry Median: 0.85 vs FCBC: 1.21

During the past 12 months, First Community Bankshares's average Book Value Per Share Growth Rate was 4.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of First Community Bankshares was 12.70% per year. The lowest was -9.10% per year. And the median was 5.30% per year.

Back to Basics: PB Ratio


First Community Bankshares PB Ratio Historical Data

The historical data trend for First Community Bankshares'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.

First Community Bankshares PB Ratio Chart

First Community Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 0.90 1.32 1.30 1.36

First Community Bankshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.30 0.94 1.13 1.11 1.36

Competitive Comparison of First Community Bankshares's PB Ratio

For the Banks - Regional subindustry, First Community Bankshares'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.


First Community Bankshares's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where First Community Bankshares's PB Ratio falls into.



First Community Bankshares 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.

First Community Bankshares's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=33.00/27.202
=1.21

* 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.


First Community Bankshares  (NAS:FCBC) 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.


First Community Bankshares PB Ratio Related Terms

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


First Community Bankshares (First Community Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 989, Bluefield, VA, USA, 24605-0989
First Community Bankshares Inc is a financial holding company that provides commercial banking products and services. The company is engaged in providing demand deposit accounts, savings, and money market accounts, certificates of deposits; commercial, consumer, and real estate mortgage loans, and lines of credit; various credit card, debit card, and automated teller machine card services; corporate and personal trust services; investment management services and life, health, and property and casualty insurance products. The company's revenue is mainly derived from interest, fees, and commissions.
Executives
David D Brown officer: Chief Financial Officer C/O FIRST COMMUNITY BANCSHARES, P.O. BOX 989, BLUEFIELD VA 24605-0989
Harriet B Price director C/O FIRST COMMUNITY BANCSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
Richard Scott Johnson director C/O FIRST COMMUNITY BANKSHARES, INC., ONE COMMUNITY PLACE, BLUEFIELD VA 24605-0989
Beth Ann Taylor director C/O FIRST COMMUNITY BANKSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
Derek A Bonnett officer: Chief Risk Officer C/O FIRST COMMUNITY BANKSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
Samuel L Elmore director C/O FIRST COMMUNITY BANCSHARES, INC., P. O. BOX 989, BLUEFIELD VA 24605
Gary R Mills officer: Chief Credit Officer C/O FIRST COMMUNITY BANCSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
M Adam Sarver director C/O FIRST COMMUNITY BANCSHARES, INC, BLUEFIELD VA 24605
C William Davis director C/O FIRST COMMUNITY BANCSHARES INC, PO BOX 989, BLUEFIELD VA 24605
Sarah W Harmon officer: SVP & General Counsel C/O FIRST COMMUNITY BANKSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
E Stephen Lilly officer: Chief Operating Officer P O BOX 989, BLUEFIELD VA 24605
Jason R Belcher officer: SVP-Chief Risk Officer C/O FIRST COMMUNITY BANCSHARES, INC, PO BOX 989, BLUEFIELD VA 24605
Martyn A Pell officer: President-First Community Bank C/O FIRST COMMUNITY BANCSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
Robert L Schumacher officer: Chief Financial Officer
Robert L Buzzo officer: Vice President & Secretary