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First Bancorp of IndianaFBPI 50 PB Ratio is 0.73 as of Aug. 01, 2026, which is 9% below its 10-year median of 0.80. GuruFocus rates FBPI with a GF Score™ of 50/100 and a GF Value™ of $12.77 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,515 Banks companies, First Bancorp of Indiana ranks better than 79.08% on this metric.
First Bancorp of Indiana Inc stock PB Ratio (=0.72) is close to 2-year high of 0.75.
The historical rank and industry rank for First Bancorp of Indiana's PB Ratio or its related term are showing as below:
FBPI'
s PB Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.8 Max: 1.07
Current: 0.73
During the past 13 years, First Bancorp of Indiana's highest PB Ratio was 1.07. The lowest was 0.47. And the median was 0.80.
FBPI's PB Ratio is ranked better than 79.08% of 1515
companies
in the Banks industry
Industry Median: 1.11
vs FBPI: 0.73
During the past 12 months, First Bancorp of Indiana's average Book Value Per Share Growth Rate was 4.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of First Bancorp of Indiana was 31.00% per year. The lowest was -7.60% per year. And the median was 2.55% per year.
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.
* 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.
For the Banks - Regional subindustry, First Bancorp of Indiana'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 Bancorp of Indiana PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, First Bancorp of Indiana's PB Ratio distribution charts can be found below:
* The bar in red indicates where First Bancorp of Indiana's PB Ratio falls into.
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.
* 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.
First Bancorp of Indiana (FBPI) has a PB Ratio of 0.73 as of Aug. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on First Bancorp of Indiana and its competitors. This is near median its historical median of 0.80. Over the past decade, First Bancorp of Indiana's PB Ratio has ranged from 0.47 to 1.07. According to the industry distribution chart, First Bancorp of Indiana ranks #317 out of 1515 companies in the Banks industry, placing it in the top 20.9%.
Is First Bancorp of Indiana's PB Ratio too high?
First Bancorp of Indiana's current PB Ratio of 0.73 is near median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.07. The Banks industry median PB Ratio is 1.11. First Bancorp of Indiana's value of 0.73 is 34.2% below this industry median. Based on the distribution chart, First Bancorp of Indiana ranks #317 out of 1515 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, First Bancorp of Indiana has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Bancorp of Indiana's PB Ratio compare to CNAF and CAIB?
According to the Banks industry distribution chart, First Bancorp of Indiana ranks #317 out of 1515 companies for PB Ratio. This places First Bancorp of Indiana in the top 21% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.11. First Bancorp of Indiana's value of 0.73 is 34.2% below this benchmark. Historically, First Bancorp of Indiana's own PB Ratio has ranged from 0.47 to 1.07 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 1.11, First Bancorp of Indiana 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 PB Ratio for a Banks company?
The median PB Ratio among Banks companies is 1.11, based on 1,515 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 Bancorp of Indiana's current PB Ratio of 0.73 is 34.2% 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 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 Bancorp of Indiana 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 Bancorp of Indiana's current PB Ratio is 0.73, which is near median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Bancorp of Indiana stock overvalued right now?
Based on GuruFocus' analysis, First Bancorp of Indiana (FBPI) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.77, compared to a current price of $14.37 — trading 12.6% above its estimated fair value. The current PB Ratio is 0.73, which is near median its 10-year median of 0.80 and 34.2% below the Banks industry median of 1.11. First Bancorp of Indiana's overall GF Score™ is 50/100 with 8 warning signs to review. 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 Bancorp of Indiana (FBPI), the current PB Ratio is 0.73 as of Aug. 01, 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 Bancorp of Indiana (FBPI) Overvalued in 2026?
Based on GuruFocus' analysis, First Bancorp of Indiana stock appears to be overvalued.
The current stock price of $14.37 is trading 12.6% above its estimated GF Value™ of $12.77.
GuruFocus considers First Bancorp of Indiana to be Modestly Overvalued.
Key valuation signals for FBPI:
PB Ratio: 0.73 (near median its 10-year median of 0.80)
GF Value™: $12.77 vs. price of $14.37 (12.6% above fair value)
Industry Position: 34.2% below the Banks median (#317 of 1515)
No single metric tells the full story. See the FBPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Bancorp of Indiana Inc. is a bank holding company. The bank offers commercial, residential, and consumer banking services, including lending, deposits, and investment management through its subsidiary, across branches in Southwestern Indiana and Henderson, Kentucky. Its lending portfolio includes commercial and residential mortgages, secured and unsecured business loans, home equity lines, and consumer loans, with additional scrutiny for classified loans. Commercial one-to-four family mortgages are mainly secured by construction or investment properties, with repayment dependent on property sales, lease income, and local market conditions. The majority of its revenue comes from net interest income on lending and investments.
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