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First Mid Bancshares (First Mid Bancshares) PB Ratio

: 0.90 (As of Today)
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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 (2024-04-18), First Mid Bancshares's share price is $29.83. First Mid Bancshares's Book Value per Share for the quarter that ended in Dec. 2023 was $33.29. Hence, First Mid Bancshares's PB Ratio of today is 0.90.

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

FMBH' s PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.15   Max: 1.68
Current: 0.9

During the past 13 years, First Mid Bancshares's highest PB Ratio was 1.68. The lowest was 0.65. And the median was 1.15.

FMBH's PB Ratio is ranked worse than
53.04% of 1463 companies
in the Banks industry
Industry Median: 0.84 vs FMBH: 0.90

During the past 12 months, First Mid Bancshares's average Book Value Per Share Growth Rate was 7.50% 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 2.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of First Mid Bancshares was 12.00% per year. The lowest was -10.80% per year. And the median was 6.80% per year.

Back to Basics: PB Ratio


First Mid Bancshares PB Ratio Historical Data

The historical data trend for First Mid Bancshares'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 Mid Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.12 0.99 1.22 1.04 1.04

First Mid Bancshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 1.04 0.84 0.75 0.86 1.04

Competitive Comparison

For the Banks - Regional subindustry, First Mid Bancshares'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 Mid Bancshares PB Ratio Distribution

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

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



First Mid Bancshares 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 Mid Bancshares's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=29.83/33.29
=0.90

* 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 Mid Bancshares  (NAS:FMBH) 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 Mid Bancshares PB Ratio Related Terms

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


First Mid Bancshares (First Mid Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
1421 Charleston Avenue, Mattoon, IL, USA, 61938
First Mid Bancshares Inc is a United States based financial holding company. Through its wholly-owned subsidiary, First Mid Bank, it is primarily engaged in the business of banking. It also provides data processing services to affiliates and insurance products and services to customers through its subsidiary. The company's operations cover community banking, wealth management and insurance services. Key revenue is derived from the provision of community banking services.
Executives
Todd J James director 400 BROAD ST, BELOITT WI 53511
Clay M Dean officer: SVP-Chief Deposit Services 2816 WESTERN AVE, MATTOON IL 61938
Robert S Cook director 631 S BODIN ST, HINSDALE IL 60521
Laura J Hughes officer: EVP, Chief Marketing & Deposit 1251 DEER CREEK RDG, DUBUQUE IA 52003
Bradley L Beesley officer: Executive VP-Wealth Management 1906 SUNSET AVE, EFFINGHAM IL 62401
James Kyle Mccurry director 302 CAMPUSVIEW DRIVE, SUITE 108, COLUMBIA MO 65201
Gisele A Marcus director 3827 SHAW BOULEVARD, ST. LOUIS MO 63110
Megan E Mcelwee officer: SVP, Chief Credit Officer 18537 E COUNTY ROAD 1280N, CHARLESTON IL 61920
Anya Y Schuetz officer: VP, Director of Project Mgmt 2119 REYNOLDS DRIVE, CHARLESTON IL 61938
Jordan D. Read officer: SVP, Chief Risk Officer 1713 CHANDLER WAY, ST. CHARLES MO 63303
Rhonda G Gatons officer: SVP, Director Human Resources 909 E 625 NORTH ROAD, TOWER HILL IL 62571
Ray A Sparks director 30 S COUNTRY CLUB RD, MATTOON IL 61938
David R. Hiden officer: SVP, Chief Information Officer 1421 CHARLESTON AVE, MATTOON IL 61938
Zachary Horn director 8 SOUTH WASHINGTON STREET, SULLIVAN IL 61951
Mary Westerhold director 6814 GOSHEN ROAD, EDWARDSVILLE IL 62025