First Security Islami Bank (DHA:FIRSTSBANK) PB Ratio: 3.43 (As of Jul. 19, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:FIRSTSBANK First Security Islami Bank PLC DHA:FIRSTSBANK
58 GF Score
Price BDT8.20
View Full Analysis

What is First Security Islami Bank PB Ratio?

First Security Islami Bank DHA:FIRSTSBANK 58 PB Ratio is 3.43 as of Jul. 19, 2026. GuruFocus rates DHA:FIRSTSBANK with a GF Score™ of 58/100. Among 1,518 Banks companies, First Security Islami Bank ranks worse than 96.9% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-19), First Security Islami Bank's share price is BDT8.20. First Security Islami Bank's Book Value per Share for the quarter that ended in Jun. 2025 was BDT2.39. Hence, First Security Islami Bank's PB Ratio of today is 3.43.

The historical rank and industry rank for First Security Islami Bank's PB Ratio or its related term are showing as below:

DHA:FIRSTSBANK's PB Ratio is not ranked *
in the Banks industry.
Industry Median: 1.11
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


First Security Islami Bank  (DHA:FIRSTSBANK) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


First Security Islami Bank PB Ratio Related Terms


First Security Islami Bank PB Ratio Historical Data

* Premium members only.

The historical data trend for First Security Islami Bank's 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 Security Islami Bank PB Ratio Chart

First Security Islami Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.63 0.46 0.41 0.31

First Security Islami Bank Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 0.28 0.40 0.31 0.40 1.59

First Security Islami Bank PB Ratio Competitor Comparison

For the Banks - Regional subindustry, First Security Islami Bank'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.


First Security Islami Bank PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, First Security Islami Bank's PB Ratio distribution charts can be found below:

* The bar in red indicates where First Security Islami Bank's PB Ratio falls into.


DHA:FIRSTSBANK
58GF Score
First Security Islami Bank PLC DHA:FIRSTSBANK
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Security Islami Bank PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

First Security Islami Bank's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2025)
=8.20/2.392
=3.43

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 3.43 mean?
First Security Islami Bank (DHA:FIRSTSBANK) has a PB Ratio of 3.43 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on First Security Islami Bank and its competitors. According to the industry distribution chart, First Security Islami Bank ranks #1471 out of 1518 companies in the Banks industry, placing it in the top 96.9%.
Is First Security Islami Bank's PB Ratio too high?
First Security Islami Bank's current PB Ratio is 3.43. The Banks industry median PB Ratio is 1.11. First Security Islami Bank's value of 3.43 is 209% above this industry median. Based on the distribution chart, First Security Islami Bank ranks #1471 out of 1518 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, First Security Islami Bank has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does First Security Islami Bank's PB Ratio compare to competitors?
According to the Banks industry distribution chart, First Security Islami Bank ranks #1471 out of 1518 companies for PB Ratio. This places First Security Islami Bank in the lower half of its industry. The industry median PB Ratio is 1.11. First Security Islami Bank's value of 3.43 is 209% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Banks company?
The median PB Ratio among Banks companies is 1.11, based on 1,518 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Security Islami Bank's current PB Ratio of 3.43 is 209% above 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on First Security Islami Bank and its competitors. For the Banks industry, the median PB Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Security Islami Bank's current PB Ratio is 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Security Islami Bank stock overvalued right now?
First Security Islami Bank (DHA:FIRSTSBANK) has a current PB Ratio of 3.43. The current PB Ratio is 3.43 and 209% above the Banks industry median of 1.11. First Security Islami Bank's overall GF Score™ is 58/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For First Security Islami Bank (DHA:FIRSTSBANK), the current PB Ratio is 3.43 as of Jul. 19, 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.

First Security Islami Bank Business Description

Address Rangs RD Center, Block: SE (F), Plot:03, Gulshan Avenue, Gulshan - 1, Dhaka, BGD, 1212
First Security Islami Bank PLC is a commercial bank. The bank's activities include accepting deposits, making loans, discounting bills, conducting money transfers and foreign exchange transactions, and performing other services. The company mainly focuses on deposit mobilization and investing activities comprising short-term, long-term, import, and export financing. The company invests in rural and agriculture, garments, jute, cement and bricks, tannery, steel and engineering, food and beverage, chemical and pharmaceuticals, printing and packaging, glass, and ceramics.
58GF Score

Get the complete analysis for DHA:FIRSTSBANK

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

BDT8.20
Price