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FFMH (First Farmers and Merchants) PB Ratio : 1.16 (As of Dec. 15, 2024)


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What is First Farmers and Merchants 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 (2024-12-15), First Farmers and Merchants's share price is $35.25. First Farmers and Merchants's Book Value per Share for the quarter that ended in Jun. 2024 was $30.27. Hence, First Farmers and Merchants's PB Ratio of today is 1.16.

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

FFMH' s PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1   Max: 1.5
Current: 1.16

During the past 6 years, First Farmers and Merchants's highest PB Ratio was 1.50. The lowest was 0.78. And the median was 1.00.

FFMH's PB Ratio is ranked worse than
66.49% of 1528 companies
in the Banks industry
Industry Median: 0.935 vs FFMH: 1.16

During the past 12 months, First Farmers and Merchants's average Book Value Per Share Growth Rate was 17.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.70% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of First Farmers and Merchants was -6.70% per year. The lowest was -11.70% per year. And the median was -9.20% per year.

Back to Basics: PB Ratio


First Farmers and Merchants PB Ratio Historical Data

The historical data trend for First Farmers and Merchants'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.

First Farmers and Merchants PB Ratio Chart

First Farmers and Merchants Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 1.29 0.87 0.97 1.16 0.87

First Farmers and Merchants Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.05 1.14 0.87 0.97 0.97

Competitive Comparison of First Farmers and Merchants's PB Ratio

For the Banks - Regional subindustry, First Farmers and Merchants'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 Farmers and Merchants's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where First Farmers and Merchants's PB Ratio falls into.



First Farmers and Merchants 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 Farmers and Merchants's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=35.25/30.273
=1.16

* 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 Farmers and Merchants  (OTCPK:FFMH) 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 Farmers and Merchants PB Ratio Related Terms

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First Farmers and Merchants Business Description

Traded in Other Exchanges
N/A
Address
816 South Garden Street, Columbia, TN, USA, 38401
First Farmers and Merchants Corp is a bank holding company whose principal activity is the ownership and management of its wholly-owned subsidiary, First Farmers and Merchants Bank (the Bank). The Bank is engaged in providing a full range of banking and financial services, including lending, investing of funds, obtaining deposits, trust, and wealth management operations, and other financing activities to individual and corporate customers in the Middle Tennessee area. The Bank is subject to competition from other financial institutions. The company and the Bank are subject to the regulation of certain federal and state agencies and undergo periodic examinations by those regulatory authorities.

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