Cullen/Frost Bankers's book value per share for the quarter that ended in Mar. 2026 was $69.83.
During the past 12 months, Cullen/Frost Bankers's average Book Value Per Share Growth Rate was 13.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 14.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.30% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cullen/Frost Bankers was 17.20% per year. The lowest was -8.20% per year. And the median was 9.60% per year.
During the past 13 years, the highest P/B Ratio of Cullen/Frost Bankers was 3.77. The lowest was 0.88. And the median was 1.96.
Warning Sign:
Cullen/Frost Bankers Inc stock PB Ratio (=2.25) is close to 3-year high of 2.46.
Cullen/Frost Bankers (NYSE:CFR) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Cullen/Frost Bankers Book Value per Share Related Terms
Cullen/Frost Bankers Book Value per Share Historical Data
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The historical data trend for Cullen/Frost Bankers's Book Value per Share 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.
CFR vs SSB, ONB, ZION: Book Value per Share Comparison
For the Banks - Regional subindustry, Cullen/Frost Bankers'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.
Cullen/Frost Bankers PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Cullen/Frost Bankers's PB Ratio distribution charts can be found below:
* The bar in red indicates where Cullen/Frost Bankers's PB Ratio falls into.
* 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.
Cullen/Frost Bankers (CFR) has a Book Value per Share of $69.83 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Cullen/Frost Bankers and its competitors.
Is Cullen/Frost Bankers' Book Value per Share too high?
Cullen/Frost Bankers' current Book Value per Share is $69.83. Overall, Cullen/Frost Bankers has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cullen/Frost Bankers' Book Value per Share compare to SSB and ONB?
Cullen/Frost Bankers' Book Value per Share of $69.83 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Banks company?
A good Book Value per Share depends on the Banks industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Cullen/Frost Bankers and its competitors. Cullen/Frost Bankers's current Book Value per Share is $69.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cullen/Frost Bankers stock overvalued right now?
Based on GuruFocus' analysis, Cullen/Frost Bankers (CFR) is currently considered Modestly Overvalued. The stock's GF Value™ is $136.84, compared to a current price of $156.86 — trading 14.6% above its estimated fair value. The current Book Value per Share is $69.83. Cullen/Frost Bankers' overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Cullen/Frost Bankers (CFR), the current Book Value per Share is $69.83 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cullen/Frost Bankers (CFR) Overvalued in 2026?
Based on GuruFocus' analysis, Cullen/Frost Bankers stock appears to be overvalued.
The current stock price of $156.86 is trading 14.6% above its estimated GF Value™ of $136.84.
GuruFocus considers Cullen/Frost Bankers to be Modestly Overvalued.
Key valuation signals for CFR:
Book Value per Share: $69.83
GF Value™: $136.84 vs. price of $156.86 (14.6% above fair value)
No single metric tells the full story. See the CFR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cullen/Frost is a regional US bank with around $52 billion in assets (as of March 2026), and it focuses exclusively on the Texas market. The bank has deep expertise in this market. It has implemented a relationship-based banking approach that has garnered a strong market share in San Antonio. Cullen/Frost is also expanding into Houston, Dallas, and Austin market regions through targeted branch openings rather than acquisitions. The bank's sweet spot is small to medium-sized Texas-based commercial clients.
72GF Score
Get the complete analysis for CFR
Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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