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Fentura Financial (Fentura Financial) PB Ratio : 0.77 (As of May. 01, 2024)


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What is Fentura Financial PB Ratio?

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 (2024-05-01), Fentura Financial's share price is $23.75. Fentura Financial's Book Value per Share for the quarter that ended in Dec. 2023 was $31.02. Hence, Fentura Financial's PB Ratio of today is 0.77.

The historical rank and industry rank for Fentura Financial's PB Ratio or its related term are showing as below:

FETM' s PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.04   Max: 2.75
Current: 0.77

During the past 13 years, Fentura Financial's highest PB Ratio was 2.75. The lowest was 0.66. And the median was 1.04.

FETM's PB Ratio is ranked better than
59.6% of 1458 companies
in the Banks industry
Industry Median: 0.855 vs FETM: 0.77

During the past 12 months, Fentura Financial's average Book Value Per Share Growth Rate was 9.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Fentura Financial was 24.80% per year. The lowest was -32.70% per year. And the median was 7.70% per year.

Back to Basics: PB Ratio


Fentura Financial PB Ratio Historical Data

The historical data trend for Fentura Financial'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.

* Premium members only.

Fentura Financial PB Ratio Chart

Fentura Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 0.89 1.02 0.78 0.88

Fentura Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.78 0.74 0.66 0.80 0.88

Competitive Comparison of Fentura Financial's PB Ratio

For the Banks - Regional subindustry, Fentura Financial'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.


Fentura Financial's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Fentura Financial's PB Ratio falls into.



Fentura Financial 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.

Fentura Financial's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=23.75/31.023
=0.77

* 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.


Fentura Financial  (OTCPK:FETM) 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.


Fentura Financial PB Ratio Related Terms

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


Fentura Financial (Fentura Financial) Business Description

Traded in Other Exchanges
N/A
Address
175 North Leroy Street, P.O. Box 725, Fenton, MI, USA, 48430-3805
Fentura Financial Inc is a bank holding company engaged in the business of financial services through its wholly-owned subsidiaries. The corporation provides banking and trust services principally to individuals, small businesses, and governmental entities through its community banking and loan processing offices. The primary deposit products include Checking, Savings, and Term certificate accounts, and the primary lending products comprise Residential mortgage, Commercial real estate, Commercial, Home equity, and Consumer loans. The corporation's sources of revenue include trust-related income, investment services income, ATM card income, debit card income, and service charges on deposit accounts.
Executives
James Distelrath director, officer: Chief Financial Officer 101 N LEROY STREET, FENTON MI 48430
Craig L Johnson officer: Senior Lender - The State Bank 101 N LEROY STREET, FENTON MI 48430
Randy D Hicks director 101 N. LEROY STREET, FENTON MI 48430
Frederick P Dillingham director 175 N LEROY, FENTON MI 48340
Joanne Shaw director 175 N LEROY, FENTON MI 48340
Ronald Rybar director 175 N LEROY, FENTON MI 48340
James Wesseling director 175 N LEROY STREET, FENTON MI 48340
William Dery director 175 N LEROY STREET, FENTON MI 48340
Daniel Wollschlager officer: SVP, Senior Lending Officer 175 NORTH LEROY STREET, FENTON MI 48430
Douglas Rotman director 175 N LEROY, FENTON MI 48430
Sheryl Stephens director 175 N LEROY, FENTON MI 48430
Kenneth R Elston director 175 NORTH LEROY STREET, P.O. BOX 725, FENTON MI 48430
Holly J Pingatore officer: Senior VP-The State Bank 175 NORTH LEROY STREET, FENTON MI 48430
John Emmendorfer officer: President-Davison State Bank 175 NORTH LEROY STREET, FENTON MI 48430
Dennis Leyder officer: Senior VP-The State Bank 175 NORTH LEROY STREET, FENTON MI 48430

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