First Financial BanksharesFFIN -1.64%65 PB Ratio is 2.55 as of Jul. 03, 2026, which is 23% below its 10-year median of 3.33. GuruFocus rates FFIN with a GF Score™ of 65/100 and a GF Value™ of $40.44 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,517 Banks companies, First Financial Bankshares ranks worse than 93.41% on this metric.
The historical rank and industry rank for First Financial Bankshares's PB Ratio or its related term are showing as below:
FFIN'
s PB Ratio Range Over the Past 10 Years
Min: 2.15 Med: 3.33 Max: 5.48
Current: 2.55
During the past 13 years, First Financial Bankshares's highest PB Ratio was 5.48. The lowest was 2.15. And the median was 3.33.
FFIN's PB Ratio is ranked worse than 93.41% of 1517
companies
in the Banks industry
Industry Median: 1.1
vs FFIN: 2.55
During the past 12 months, First Financial Bankshares's average Book Value Per Share Growth Rate was 15.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 14.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of First Financial Bankshares was 19.20% per year. The lowest was -3.80% per year. And the median was 9.30% per year.
Back to Basics: PB Ratio
First Financial Bankshares (NAS:FFIN) PB Ratio Explanation
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 Financial Bankshares PB Ratio Related Terms
First Financial Bankshares PB Ratio 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.
For the Banks - Regional subindustry, First Financial Bankshares'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 Financial Bankshares PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, First Financial Bankshares's PB Ratio distribution charts can be found below:
* The bar in red indicates where First Financial Bankshares'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 Financial Bankshares (FFIN) has a PB Ratio of 2.55 as of Jul. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on First Financial Bankshares and its competitors. This is 23% below median its historical median of 3.33. Over the past decade, First Financial Bankshares' PB Ratio has ranged from 2.15 to 5.48. According to the industry distribution chart, First Financial Bankshares ranks #1417 out of 1517 companies in the Banks industry, placing it in the top 93.4%.
Is First Financial Bankshares' PB Ratio too high?
First Financial Bankshares' current PB Ratio of 2.55 is 23% below median its 10-year median of 3.33. Over the past 10 years, this metric has ranged from a low of 2.15 to a high of 5.48. The Banks industry median PB Ratio is 1.10. First Financial Bankshares' value of 2.55 is 131.8% above this industry median. Based on the distribution chart, First Financial Bankshares ranks #1417 out of 1517 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, First Financial Bankshares has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Financial Bankshares' PB Ratio compare to FINN and TFSL?
According to the Banks industry distribution chart, First Financial Bankshares ranks #1417 out of 1517 companies for PB Ratio. This places First Financial Bankshares in the lower half of its industry. The industry median PB Ratio is 1.10. First Financial Bankshares' value of 2.55 is 131.8% above this benchmark. Historically, First Financial Bankshares' own PB Ratio has ranged from 2.15 to 5.48 over the past decade. While the company's 10-year median is 3.33 vs. the industry median of 1.10, First Financial Bankshares has consistently been above 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 1.10, based on 1,517 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 Financial Bankshares's current PB Ratio of 2.55 is 131.8% 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 Financial Bankshares and its competitors. For the Banks industry, the median PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Financial Bankshares's current PB Ratio is 2.55, which is 23% below median its own 10-year median of 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Financial Bankshares stock overvalued right now?
Based on GuruFocus' analysis, First Financial Bankshares (FFIN) is currently considered Modestly Undervalued. The stock's GF Value™ is $40.44, compared to a current price of $34.88 — trading 13.7% below its estimated fair value. The current PB Ratio is 2.55, which is 23% below median its 10-year median of 3.33 and 131.8% above the Banks industry median of 1.10. First Financial Bankshares' overall GF Score™ is 65/100 with 2 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 Financial Bankshares (FFIN), the current PB Ratio is 2.55 as of Jul. 03, 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 Financial Bankshares (FFIN) Overvalued in 2026?
Based on GuruFocus' analysis, First Financial Bankshares stock appears to be undervalued.
The current stock price of $34.88 is trading 13.7% below its estimated GF Value™ of $40.44.
GuruFocus considers First Financial Bankshares to be Modestly Undervalued.
Key valuation signals for FFIN:
PB Ratio: 2.55 (23% below median its 10-year median of 3.33)
GF Value™: $40.44 vs. price of $34.88 (13.7% below fair value)
Industry Position: 131.8% above the Banks median (#1417 of 1517)
No single metric tells the full story. See the FFIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Financial Bankshares Inc is a financial and bank holding company. The company operates one line of business (community banking) located in a single geographic area (Texas). The company conducts a full-service commercial banking business through its subsidiaries. The loan portfolio segments of the company include Commercial and Industrial, Municipal, Agricultural, Construction and Development, Farm, Non-Owner Occupied and Owner Occupied Commercial Real Estate, Residential, Consumer Auto and Consumer Non-Auto.
65GF Score
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