Eastern BanksharesFRA:EB0 +2.17%60 PB Ratio is 1.10 as of Jul. 01, 2026, which is 11% above its 10-year median of 0.99. GuruFocus rates FRA:EB0 with a GF Score™ of 60/100 and a GF Value™ of €24.62 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,517 Banks companies, Eastern Bankshares ranks worse than 51.55% on this metric.
Eastern Bankshares Inc stock PB Ratio (=1.12) is close to 3-year high of 1.13.
The historical rank and industry rank for Eastern Bankshares's PB Ratio or its related term are showing as below:
FRA:EB0'
s PB Ratio Range Over the Past 10 Years
Min: 0.69 Med: 0.99 Max: 1.98
Current: 1.12
During the past 8 years, Eastern Bankshares's highest PB Ratio was 1.98. The lowest was 0.69. And the median was 0.99.
FRA:EB0's PB Ratio is ranked worse than 51.55% of 1517
companies
in the Banks industry
Industry Median: 1.09
vs FRA:EB0: 1.12
During the past 12 months, Eastern Bankshares's average Book Value Per Share Growth Rate was 10.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.50% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Eastern Bankshares was 37.00% per year. The lowest was -0.60% per year. And the median was 11.50% per year.
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.
Eastern Bankshares PB Ratio Related Terms
Eastern Bankshares PB Ratio Historical Data
* Premium members only.
The historical data trend for Eastern Bankshares'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.
For the Banks - Regional subindustry, Eastern 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.
Eastern Bankshares PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Eastern Bankshares's PB Ratio distribution charts can be found below:
* The bar in red indicates where Eastern 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.
Eastern Bankshares (FRA:EB0) has a PB Ratio of 1.10 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 Eastern Bankshares and its competitors. This is 11% above median its historical median of 0.99. Over the past decade, Eastern Bankshares' PB Ratio has ranged from 0.69 to 1.98. According to the industry distribution chart, Eastern Bankshares ranks #782 out of 1517 companies in the Banks industry, placing it in the top 51.5%.
Is Eastern Bankshares' PB Ratio too high?
Eastern Bankshares' current PB Ratio of 1.10 is 11% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 1.98. The Banks industry median PB Ratio is 1.09. Eastern Bankshares' value of 1.10 is 0.9% above this industry median. Based on the distribution chart, Eastern Bankshares ranks #782 out of 1517 companies in the Banks industry, which is below the industry midpoint. Overall, Eastern Bankshares has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eastern Bankshares' PB Ratio compare to SFBS and IBOC?
According to the Banks industry distribution chart, Eastern Bankshares ranks #782 out of 1517 companies for PB Ratio. This places Eastern Bankshares in the lower half of its industry. The industry median PB Ratio is 1.09. Eastern Bankshares' value of 1.10 is 0.9% above this benchmark. Historically, Eastern Bankshares' own PB Ratio has ranged from 0.69 to 1.98 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 1.09, Eastern 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 1.09, 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. Eastern Bankshares's current PB Ratio of 1.10 is 0.9% 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 Eastern Bankshares and its competitors. For the Banks industry, the median PB Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eastern Bankshares's current PB Ratio is 1.10, which is 11% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Bankshares stock overvalued right now?
Based on GuruFocus' analysis, Eastern Bankshares (FRA:EB0) is currently considered Modestly Undervalued. The stock's GF Value™ is €24.62, compared to a current price of €18.80 — trading 23.6% below its estimated fair value. The current PB Ratio is 1.10, which is 11% above median its 10-year median of 0.99 and 0.9% above the Banks industry median of 1.09. Eastern Bankshares' overall GF Score™ is 60/100 with 6 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 Eastern Bankshares (FRA:EB0), the current PB Ratio is 1.10 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 Eastern Bankshares (FRA:EB0) Overvalued in 2026?
Based on GuruFocus' analysis, Eastern Bankshares stock appears to be undervalued.
The current stock price of €18.80 is trading 23.6% below its estimated GF Value™ of €24.62.
GuruFocus considers Eastern Bankshares to be Modestly Undervalued.
Key valuation signals for FRA:EB0:
PB Ratio: 1.10 (11% above median its 10-year median of 0.99)
GF Value™: €24.62 vs. price of €18.80 (23.6% below fair value)
Industry Position: 0.9% above the Banks median (#782 of 1517)
No single metric tells the full story. See the FRA:EB0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eastern Bankshares Inc is a commercial bank that caters its products and services to retail, commercial, and small business customers. Its diversified products and services include lending, deposit, wealth management, and insurance products. The company has one operating segment: Banking business, which offers a range of banking, lending, savings, and small business offerings, and its wealth management and trust operations.
60GF Score
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