FSV (FirstService) Book Value per Share: $31.08 (As of Mar. 2026)


FSV FirstService Corp FSV
87 GF Score
Price $142.11
GF Value $195.51
Valuation Modestly Undervalued
! 3 Warning Signs
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What is FirstService Book Value per Share?

FirstService FSV +0.09% 87 Book Value per Share is $31.08 as of Mar. 2026. GuruFocus rates FSV with a GF Score™ of 87/100 and a GF Value™ of $195.51 (Modestly Undervalued). The stock has 3 warning signs investors should review.

FirstService's book value per share for the quarter that ended in Mar. 2026 was $31.08.

During the past 12 months, FirstService's average Book Value Per Share Growth Rate was 11.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 16.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 23.90% 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 FirstService was 66.70% per year. The lowest was -2.10% per year. And the median was 19.05% per year.

FirstService's current price is $142.11. Its book value per share for the quarter that ended in Mar. 2026 was $31.08. Hence, today's PB Ratio of FirstService is 4.57.

During the past 13 years, the highest P/B Ratio of FirstService was 19.38. The lowest was 4.19. And the median was 8.72.


FirstService  (NAS:FSV) 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.


FirstService Book Value per Share Related Terms


FirstService Book Value per Share Historical Data

* Premium members only.

The historical data trend for FirstService'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.

FirstService Book Value per Share Chart

FirstService Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.17 20.52 22.92 26.24 30.10

FirstService Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share 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 26.53 27.54 29.30 30.10 31.08

FSV vs CBRE, BEKE, JLL: Book Value per Share Comparison

For the Real Estate Services subindustry, FirstService'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.


FirstService PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, FirstService's PB Ratio distribution charts can be found below:

* The bar in red indicates where FirstService's PB Ratio falls into.


FSV
87GF Score
FirstService Corp FSV
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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FirstService Book Value per Share Calculation

FirstService's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,376-0)/46
=30.09

FirstService's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,429-0)/46
=31.08

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $31.08 mean?
FirstService (FSV) has a Book Value per Share of $31.08 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on FirstService and its competitors.
Is FirstService's Book Value per Share too high?
FirstService's current Book Value per Share is $31.08. Overall, FirstService has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FirstService's Book Value per Share compare to CBRE and BEKE?
FirstService's Book Value per Share of $31.08 can be compared against companies in the Real Estate 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 Real Estate company?
A good Book Value per Share depends on the Real Estate 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 FirstService and its competitors. FirstService's current Book Value per Share is $31.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FirstService stock overvalued right now?
Based on GuruFocus' analysis, FirstService (FSV) is currently considered Modestly Undervalued. The stock's GF Value™ is $195.51, compared to a current price of $142.11 — trading 27.3% below its estimated fair value. The current Book Value per Share is $31.08. FirstService's overall GF Score™ is 87/100 with 3 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 FirstService (FSV), the current Book Value per Share is $31.08 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 FirstService (FSV) Overvalued in 2026?

Based on GuruFocus' analysis, FirstService stock appears to be undervalued. The current stock price of $142.11 is trading 27.3% below its estimated GF Value™ of $195.51. GuruFocus considers FirstService to be Modestly Undervalued.

Key valuation signals for FSV:

  • Book Value per Share: $31.08
  • GF Value™: $195.51 vs. price of $142.11 (27.3% below fair value)
  • GF Score™: 87/100 with 3 warning signs

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


FirstService Business Description

Other Exchanges 1GIA:GermanyFSV:Canada
Address 1255 Bay Street, Suite 600, Toronto, ON, CAN, M5R 2A9
FirstService Corp is engaged in outsourcing property services. The company operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high and low-rise condominiums and co-operatives. FirstService Brands generates the majority of the company's revenue and provides property services to residential and commercial customers through the following brands: California Closets; Paul Davis Restoration; CertaPro Painters, Floor Coverings International, and Pillar to Post Home Inspectors. The company earns the majority of its revenue in the United States, with the remaining revenue generated in Canada.
87GF Score

Get the complete analysis for FSV

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$142.11
Price
$195.51
GF Value