This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for First Business Financial Services's Median PS Value or its related term are showing as below:
FRA:45D'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.5 Med: 0.99 Max: 1.9
Current: 1.25
During the past 13 years, the highest Price to Median PS Value of First Business Financial Services was 1.90. The lowest was 0.50. And the median was 0.99.
FRA:45D's Price-to-Median-PS-Value is ranked worse than 63.15% of 1042
companies
in the Banks industry
Industry Median: 1.11
vs FRA:45D: 1.25
First Business Financial Services (FRA:45D) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
First Business Financial Services's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
51.00
/
40.98
=
1.24
* 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 Business Financial Services Median PS Value Related Terms
First Business Financial Services Median PS Value Historical Data
* 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 Business Financial Services Median PS Value Chart
FRA:45D vs DBIN, FFMR, COFS: Median PS Value Comparison
For the Banks - Regional subindustry, First Business Financial Services's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Business Financial Services Price-to-Median-PS-Value vs Banks Industry
For the Banks industry and Financial Services sector, First Business Financial Services's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where First Business Financial Services's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 2.2633.
First Business Financial Services's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €18.106.
* 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 Business Financial Services (FRA:45D) has a Median PS Value of €40.98 as of Jun. 27, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on First Business Financial Services and its competitors. This is 4039% above median its historical median of 0.99. Over the past decade, First Business Financial Services' Median PS Value has ranged from 0.50 to 1.90. According to the industry distribution chart, First Business Financial Services ranks #658 out of 1042 companies in the Banks industry, placing it in the top 63.1%.
Is First Business Financial Services' Median PS Value too high?
First Business Financial Services' current Median PS Value of €40.98 is 4039% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.90. Based on the distribution chart, First Business Financial Services ranks #658 out of 1042 companies in the Banks industry, which is below the industry midpoint. Overall, First Business Financial Services has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Business Financial Services' Median PS Value compare to DBIN and FFMR?
According to the Banks industry distribution chart, First Business Financial Services ranks #658 out of 1042 companies for Median PS Value. This places First Business Financial Services in the lower half of its industry. The industry median Median PS Value is 1.11. Historically, First Business Financial Services' own Median PS Value has ranged from 0.50 to 1.90 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Banks company?
The median Median PS Value among Banks companies is 1.11, based on 1,042 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value 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 Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on First Business Financial Services and its competitors. For the Banks industry, the median Median PS Value is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Business Financial Services's current Median PS Value is €40.98, which is 4039% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Business Financial Services stock overvalued right now?
Based on GuruFocus' analysis, First Business Financial Services (FRA:45D) is currently considered Modestly Overvalued. The stock's GF Value™ is €42.30, compared to a current price of €51.00 — trading 20.6% above its estimated fair value. The current Median PS Value is €40.98, which is 4039% above median its 10-year median of 0.99. First Business Financial Services' overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For First Business Financial Services (FRA:45D), the current Median PS Value is €40.98 as of Jun. 27, 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 Business Financial Services (FRA:45D) Overvalued in 2026?
Based on GuruFocus' analysis, First Business Financial Services stock appears to be overvalued.
The current stock price of €51.00 is trading 20.6% above its estimated GF Value™ of €42.30.
GuruFocus considers First Business Financial Services to be Modestly Overvalued.
Key valuation signals for FRA:45D:
Median PS Value: €40.98 (4039% above median its 10-year median of 0.99)
GF Value™: €42.30 vs. price of €51.00 (20.6% above fair value)
No single metric tells the full story. See the FRA:45D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Business Financial Services Business Description
First Business Financial Services Inc operates as a bank holding company. The Bank operates as a business bank, delivering a full line of commercial banking products, including commercial loans and commercial real estate loans, to meet the specific needs of small and medium-sized businesses, business owners, executives, professionals, and high-net-worth individuals. The company's products and services include commercial lending, SBA lending and servicing, asset-based lending, equipment financing, factoring, trust, and investment services, treasury management services, and a broad range of deposit products. Geographically, all the business activity functioned through the region of the United States.
71GF Score
Get the complete analysis for FRA:45D
Median PS Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:45D has been successfully added to your 
