FUSB (First US Bancshares) Cyclically Adjusted PB Ratio: 0.99 (As of Jun. 30, 2026) — 34% Above Median


FUSB First US Bancshares Inc FUSB
63 GF Score
Price $16.95
GF Value $12.83
Valuation Significantly Overvalued
! 6 Warning Signs
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What is First US Bancshares Cyclically Adjusted PB Ratio?

First US Bancshares FUSB -2.53% 63 Cyclically Adjusted PB Ratio is 0.99 as of Jun. 30, 2026, which is 34% above its 10-year median of 0.74. GuruFocus rates FUSB with a GF Score™ of 63/100 and a GF Value™ of $12.83 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,302 Banks companies, First US Bancshares ranks better than 64.82% on this metric.

As of today (2026-06-30), First US Bancshares's current share price is $16.95. First US Bancshares's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $17.19. First US Bancshares's Cyclically Adjusted PB Ratio for today is 0.99.

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

FUSB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.74   Max: 1.06
Current: 0.99

During the past years, First US Bancshares's highest Cyclically Adjusted PB Ratio was 1.06. The lowest was 0.43. And the median was 0.74.

FUSB's Cyclically Adjusted PB Ratio is ranked better than
64.82% of 1302 companies
in the Banks industry
Industry Median: 1.24 vs FUSB: 0.99

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 US Bancshares's adjusted book value per share data for the three months ended in Mar. 2026 was $18.671. 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 $17.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


First US Bancshares  (NAS:FUSB) 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 US Bancshares Cyclically Adjusted PB Ratio Related Terms


First US Bancshares Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for First US Bancshares'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.

First US Bancshares Cyclically Adjusted PB Ratio Chart

First US Bancshares Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.57 0.65 0.77 0.83

First US Bancshares Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.81 0.77 0.71 0.83 0.89

FUSB vs SSBI, CBKM, PBKC: Cyclically Adjusted PB Ratio Comparison

For the Banks - Regional subindustry, First US Bancshares'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 US Bancshares Cyclically Adjusted PB Ratio vs Banks Industry

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

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


FUSB
63GF Score
First US Bancshares Inc FUSB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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First US Bancshares 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 US Bancshares's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.95/17.19
=0.99

* 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 US Bancshares's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, First US Bancshares's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=18.671/330.2130*330.2130
=18.671

Current CPI (Mar. 2026) = 330.2130.

First US Bancshares Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.005 241.018 17.818
201609 13.050 241.428 17.849
201612 12.618 241.432 17.258
201703 12.768 243.801 17.293
201706 12.907 244.955 17.399
201709 12.978 246.819 17.363
201712 12.532 246.524 16.786
201803 12.409 249.554 16.420
201806 12.417 251.989 16.272
201809 12.304 252.439 16.095
201812 12.615 251.233 16.581
201903 12.940 254.202 16.809
201906 13.281 256.143 17.122
201909 13.467 256.759 17.320
201912 13.762 256.974 17.684
202003 13.728 258.115 17.563
202006 13.808 257.797 17.687
202009 13.867 260.280 17.593
202012 14.032 260.474 17.789
202103 14.148 264.877 17.638
202106 14.284 271.696 17.360
202109 14.409 274.310 17.345
202112 14.592 278.802 17.283
202203 14.324 287.504 16.452
202206 14.053 296.311 15.661
202209 14.299 296.808 15.908
202212 14.648 296.797 16.297
202303 14.446 301.836 15.804
202306 14.591 305.109 15.792
202309 14.878 307.789 15.962
202312 15.797 306.746 17.006
202403 15.954 312.332 16.867
202406 16.336 314.175 17.170
202409 17.234 315.301 18.049
202412 17.315 315.605 18.116
202503 17.639 319.799 18.213
202506 17.705 322.561 18.125
202509 18.081 324.800 18.382
202512 18.535 324.054 18.887
202603 18.671 330.213 18.671

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.

What does a Cyclically Adjusted PB Ratio of 0.99 mean?
First US Bancshares (FUSB) has a Cyclically Adjusted PB Ratio of 0.99 as of Jun. 30, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on First US Bancshares and its competitors. This is 34% above median its historical median of 0.74. Over the past decade, First US Bancshares' Cyclically Adjusted PB Ratio has ranged from 0.43 to 1.06. According to the industry distribution chart, First US Bancshares ranks #458 out of 1302 companies in the Banks industry, placing it in the top 35.2%.
Is First US Bancshares' Cyclically Adjusted PB Ratio too high?
First US Bancshares' current Cyclically Adjusted PB Ratio of 0.99 is 34% above median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 1.06. The Banks industry median Cyclically Adjusted PB Ratio is 1.24. First US Bancshares' value of 0.99 is 20.2% below this industry median. Based on the distribution chart, First US Bancshares ranks #458 out of 1302 companies in the Banks industry, which is above the industry midpoint. Overall, First US Bancshares has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First US Bancshares' Cyclically Adjusted PB Ratio compare to SSBI and CBKM?
According to the Banks industry distribution chart, First US Bancshares ranks #458 out of 1302 companies for Cyclically Adjusted PB Ratio. This puts First US Bancshares in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. First US Bancshares' value of 0.99 is 20.2% below this benchmark. Historically, First US Bancshares' own Cyclically Adjusted PB Ratio has ranged from 0.43 to 1.06 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 1.24, First US Bancshares has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.24, based on 1,302 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First US Bancshares's current Cyclically Adjusted PB Ratio of 0.99 is 20.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on First US Bancshares and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First US Bancshares's current Cyclically Adjusted PB Ratio is 0.99, which is 34% above median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First US Bancshares stock overvalued right now?
Based on GuruFocus' analysis, First US Bancshares (FUSB) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.83, compared to a current price of $16.95 — trading 32.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.99, which is 34% above median its 10-year median of 0.74 and 20.2% below the Banks industry median of 1.24. First US Bancshares' overall GF Score™ is 63/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For First US Bancshares (FUSB), the current Cyclically Adjusted PB Ratio is 0.99 as of Jun. 30, 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 First US Bancshares (FUSB) Overvalued in 2026?

Based on GuruFocus' analysis, First US Bancshares stock appears to be overvalued. The current stock price of $16.95 is trading 32.1% above its estimated GF Value™ of $12.83. GuruFocus considers First US Bancshares to be Significantly Overvalued.

Key valuation signals for FUSB:

  • Cyclically Adjusted PB Ratio: 0.99 (34% above median its 10-year median of 0.74)
  • GF Value™: $12.83 vs. price of $16.95 (32.1% above fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 20.2% below the Banks median (#458 of 1302)

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


First US Bancshares Business Description

Other Exchanges UNE:Germany
Address 3291 U.S. Highway 280, Suite 100, Birmingham, AL, USA, 35243
First US Bancshares Inc is a bank holding company. The Bank conducts general commercial banking business and offers banking services such as demand, savings, individual retirement accounts, and time deposits, personal and commercial loans, safe deposit box services, and remote deposit capture. The Bank provides a range of commercial banking services to small and medium-sized businesses, property managers, business executives, professionals, and other individuals.
63GF Score

Get the complete analysis for FUSB

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.95
Price
$12.83
GF Value