FHRT (First Hartford) PB Ratio: 2.25 (As of Jul. 01, 2026) — Near Median


FHRT First Hartford Corp FHRT
44 GF Score
Price $26.99
GF Value $13.79
Valuation Significantly Overvalued
! 5 Warning Signs
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What is First Hartford PB Ratio?

First Hartford FHRT 44 PB Ratio is 2.25 as of Jul. 01, 2026, which is 9% above its 10-year median of 2.06. GuruFocus rates FHRT with a GF Score™ of 44/100 and a GF Value™ of $13.79 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,712 Real Estate companies, First Hartford ranks worse than 84.05% 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 (2026-07-01), First Hartford's share price is $26.99. First Hartford's Book Value per Share for the quarter that ended in Apr. 2025 was $12.02. Hence, First Hartford's PB Ratio of today is 2.25.

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

FHRT' s PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 2.06   Max: 3.5
Current: 2.25

During the past 13 years, First Hartford's highest PB Ratio was 3.50. The lowest was 1.09. And the median was 2.06.

FHRT's PB Ratio is ranked worse than
84.05% of 1712 companies
in the Real Estate industry
Industry Median: 0.815 vs FHRT: 2.25

During the past 12 months, First Hartford's average Book Value Per Share Growth Rate was 68.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of First Hartford was 53.80% per year. The lowest was -124.10% per year. And the median was -6.40% per year.

Back to Basics: PB Ratio


First Hartford  (OTCPK:FHRT) 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 Hartford PB Ratio Related Terms


First Hartford PB Ratio Historical Data

* Premium members only.

The historical data trend for First Hartford'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 Hartford PB Ratio Chart

First Hartford Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr24 Apr25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.26 2.08

First Hartford Semi-Annual Data
Apr01 Apr02 Apr03 Apr04 Apr05 Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr24 Apr25
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 0.00 0.00 0.00 1.26 2.08

FHRT vs KANP, AEI, JFB: PB Ratio Comparison

For the Real Estate - Development subindustry, First Hartford'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 Hartford PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, First Hartford's PB Ratio distribution charts can be found below:

* The bar in red indicates where First Hartford's PB Ratio falls into.


FHRT
44GF Score
First Hartford Corp FHRT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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First Hartford 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 Hartford's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2025)
=26.99/12.017
=2.25

* 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 2.25 mean?
First Hartford (FHRT) has a PB Ratio of 2.25 as of Jul. 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 Hartford and its competitors. This is near median its historical median of 2.06. Over the past decade, First Hartford's PB Ratio has ranged from 1.09 to 3.50. According to the industry distribution chart, First Hartford ranks #1439 out of 1712 companies in the Real Estate industry, placing it in the top 84.1%.
Is First Hartford's PB Ratio too high?
First Hartford's current PB Ratio of 2.25 is near median its 10-year median of 2.06. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 3.50. The Real Estate industry median PB Ratio is 0.82. First Hartford's value of 2.25 is 176.1% above this industry median. Based on the distribution chart, First Hartford ranks #1439 out of 1712 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, First Hartford has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Hartford's PB Ratio compare to KANP and AEI?
According to the Real Estate industry distribution chart, First Hartford ranks #1439 out of 1712 companies for PB Ratio. This places First Hartford in the lower half of its industry. The industry median PB Ratio is 0.82. First Hartford's value of 2.25 is 176.1% above this benchmark. Historically, First Hartford's own PB Ratio has ranged from 1.09 to 3.50 over the past decade. While the company's 10-year median is 2.06 vs. the industry median of 0.82, First Hartford 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,712 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 Hartford's current PB Ratio of 2.25 is 176.1% 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 Hartford and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Hartford's current PB Ratio is 2.25, which is near median its own 10-year median of 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Hartford stock overvalued right now?
Based on GuruFocus' analysis, First Hartford (FHRT) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.79, compared to a current price of $26.99 — trading 95.7% above its estimated fair value. The current PB Ratio is 2.25, which is near median its 10-year median of 2.06 and 176.1% above the Real Estate industry median of 0.82. First Hartford's overall GF Score™ is 44/100 with 5 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 Hartford (FHRT), the current PB Ratio is 2.25 as of Jul. 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 Hartford (FHRT) Overvalued in 2026?

Based on GuruFocus' analysis, First Hartford stock appears to be overvalued. The current stock price of $26.99 is trading 95.7% above its estimated GF Value™ of $13.79. GuruFocus considers First Hartford to be Significantly Overvalued.

Key valuation signals for FHRT:

  • PB Ratio: 2.25 (near median its 10-year median of 2.06)
  • GF Value™: $13.79 vs. price of $26.99 (95.7% above fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 176.1% above the Real Estate median (#1439 of 1712)

No single metric tells the full story. See the FHRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Hartford Business Description

Address 149 Colonial Road, Manchester, CT, USA, 06042
First Hartford Corp is a real estate company. It is engaged in the purchase, development, ownership, management, and sale of real estate. The company is also a preferred developer for CVS, Cumberland Farms, and others.
44GF Score

Get the complete analysis for FHRT

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

$26.99
Price
$13.79
GF Value