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FCCO (First Community) Cyclically Adjusted PB Ratio : 1.29 (As of May. 30, 2025)


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What is First Community Cyclically Adjusted PB Ratio?

As of today (2025-05-30), First Community's current share price is $23.70. First Community's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $18.38. First Community's Cyclically Adjusted PB Ratio for today is 1.29.

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

FCCO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.29   Max: 2.01
Current: 1.29

During the past years, First Community's highest Cyclically Adjusted PB Ratio was 2.01. The lowest was 0.79. And the median was 1.29.

FCCO's Cyclically Adjusted PB Ratio is ranked worse than
67% of 1282 companies
in the Banks industry
Industry Median: 1.01 vs FCCO: 1.29

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

First Community's adjusted book value per share data for the three months ended in Mar. 2025 was $19.521. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $18.38 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Community Cyclically Adjusted PB Ratio Historical Data

The historical data trend for First Community's Cyclically Adjusted 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 Cyclically Adjusted PB Ratio Chart

First Community Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.38 1.35 1.26 1.33

First Community Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted 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 0.99 0.97 1.20 1.33 1.23

Competitive Comparison of First Community's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, First Community's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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First Community Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

First Community's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.70/18.38
=1.29

* 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.

First Community's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, First Community's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=19.521/134.9266*134.9266
=19.521

Current CPI (Mar. 2025) = 134.9266.

First Community Quarterly Data

Book Value per Share CPI Adj_Book
201506 11.439 100.684 15.329
201509 11.741 100.392 15.780
201512 11.813 99.792 15.972
201603 12.193 100.470 16.375
201606 12.571 101.688 16.680
201609 12.563 101.861 16.641
201612 12.203 101.863 16.164
201703 12.413 102.862 16.282
201706 12.692 103.349 16.570
201709 12.913 104.136 16.731
201712 13.925 104.011 18.064
201803 13.878 105.290 17.784
201806 14.069 106.317 17.855
201809 14.179 106.507 17.962
201812 14.727 105.998 18.746
201903 15.190 107.251 19.110
201906 15.642 108.070 19.529
201909 16.032 108.329 19.968
201912 16.155 108.420 20.105
202003 16.700 108.902 20.691
202006 17.473 108.767 21.675
202009 17.782 109.815 21.848
202012 18.178 109.897 22.318
202103 17.633 111.754 21.289
202106 18.293 114.631 21.532
202109 18.440 115.734 21.498
202112 18.678 117.630 21.425
202203 16.585 121.301 18.448
202206 15.540 125.017 16.772
202209 15.073 125.227 16.241
202212 15.619 125.222 16.829
202303 16.286 127.348 17.255
202306 16.348 128.729 17.135
202309 16.263 129.860 16.898
202312 17.231 129.419 17.964
202403 17.498 131.776 17.916
202406 17.836 132.554 18.155
202409 18.756 133.029 19.024
202412 18.903 133.157 19.154
202503 19.521 134.927 19.521

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

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.


First Community  (NAS:FCCO) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


First Community Cyclically Adjusted PB Ratio Related Terms

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


First Community Business Description

Traded in Other Exchanges
N/A
Address
5455 Sunset Boulevard, Lexington, SC, USA, 29072
First Community Corp is a bank holding company. Along with its subsidiaries, it provides various banking products and services for professionals and small and medium-sized businesses, including consumer and commercial banking, mortgage, brokerage and investment, online banking, and insurance services. The company offers checking, savings, money market, individual retirement, and certificates of deposit accounts, and its lending lines include consumer loans, real estate loans, home improvement loans, home loans, flex loans, construction loans, agricultural loans, and others. The company's reportable segments are; Commercial and Retail Banking, which derives maximum revenue; Mortgage Banking; Investment Advisory and Non-Deposit; and Corporate.
Executives
Jane S Sosebee director C/O PALMETTO BANCSHARES, INC., 306 EAST NORTH STREET, GREENVILLE SC 29601
E. Leland Reynolds director 5455 SUNSET BLVD, LEXINGTON SC 29072
Michael C Crapps director, officer: President & CEO C/O FIRST COMMUNITY CORP, P O BOX 64, LEXINGTON SC 29071
Jan H Hollar director 300 E. BROAD ST., STATESVILLE NC 28677
Edward J. Tarver director C/O FIRST COMMUNITY CORPORATION, 5455 SUNSET BLVD, LEXINGTON SC 29072
Mickey Layden director 5455 SUNSET BLVD., LEXINGTON SC 29072
Ray E Jones director 5455 SUNSET BLVD., LEXINGTON SC 29072
Tanya A Butts officer: Executive Vice Pres 104 S. MAIN STREET, GREENVILLE SC 29601
Jack W. Walker officer: EVP and Chief Credit Officer C/O FIRST COMMUNITY CORPORATION, 5455 SUNSET BLVD, LEXINGTON SC 29072
Donald Shawn Jordan officer: EVP and CFO C/O FIRST COMMUNITY CORPORATION, 5455 SUNSET BLVD, LEXINGTON SC 29072
Thomas Carlton Brown director C/O FIRST COMMUNITY CORP, P O BOX 64, LEXINGTON SC 29071
David K Proctor officer: Senior Vice President C/O FIRST COMMUNITY CORP, P O BOX 64, LEXINGTON SC 29071
Joseph G Sawyer officer: Senior Vice President & CFO C/O FIRST COMMUNITY CORP, P O BOX 64, LEXINGTON SC 29071
Richard K Bogan director C/O FIRST COMMUNITY CORP, P O BOX 64, LEXINGTON SC 29071
Anita B Easter director C/O FIRST COMMUNITY CORP, P O BOX 64, LEXINGTON SC 29071