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First Reliance BancsharesFSRL +0.30%45 PB Ratio is 1.59 as of Aug. 03, 2026, which is 41% above its 10-year median of 1.13. GuruFocus rates FSRL with a GF Score™ of 45/100 and a GF Value™ of $11.61 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,514 Banks companies, First Reliance Bancshares ranks worse than 79.72% on this metric.
First Reliance Bancshares Inc stock PB Ratio (=1.58) is close to 2-year high of 1.6.
The historical rank and industry rank for First Reliance Bancshares's PB Ratio or its related term are showing as below:
FSRL'
s PB Ratio Range Over the Past 10 Years
Min: 0.9 Med: 1.13 Max: 1.6
Current: 1.59
During the past 13 years, First Reliance Bancshares's highest PB Ratio was 1.60. The lowest was 0.90. And the median was 1.13.
FSRL's PB Ratio is ranked worse than 79.72% of 1514
companies
in the Banks industry
Industry Median: 1.11
vs FSRL: 1.59
During the past 3 years, the average Book Value Per Share Growth Rate was 15.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of First Reliance Bancshares was 52.20% per year. The lowest was -22.00% per year. And the median was 4.10% 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.
First Reliance Bancshares PB Ratio Related Terms
First Reliance Bancshares 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 Reliance 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 Reliance Bancshares PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, First Reliance Bancshares's PB Ratio distribution charts can be found below:
* The bar in red indicates where First Reliance Bancshares'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 Reliance Bancshares (FSRL) has a PB Ratio of 1.59 as of Aug. 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 Reliance Bancshares and its competitors. This is 41% above median its historical median of 1.13. Over the past decade, First Reliance Bancshares' PB Ratio has ranged from 0.90 to 1.60. According to the industry distribution chart, First Reliance Bancshares ranks #1207 out of 1514 companies in the Banks industry, placing it in the top 79.7%.
Is First Reliance Bancshares' PB Ratio too high?
First Reliance Bancshares' current PB Ratio of 1.59 is 41% above median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 1.60. The Banks industry median PB Ratio is 1.11. First Reliance Bancshares' value of 1.59 is 43.2% above this industry median. Based on the distribution chart, First Reliance Bancshares ranks #1207 out of 1514 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, First Reliance Bancshares has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Reliance Bancshares' PB Ratio compare to TYFG and BKUT?
According to the Banks industry distribution chart, First Reliance Bancshares ranks #1207 out of 1514 companies for PB Ratio. This places First Reliance Bancshares in the lower half of its industry. The industry median PB Ratio is 1.11. First Reliance Bancshares' value of 1.59 is 43.2% above this benchmark. Historically, First Reliance Bancshares' own PB Ratio has ranged from 0.90 to 1.60 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 1.11, First Reliance Bancshares 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 1.11, based on 1,514 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 Reliance Bancshares's current PB Ratio of 1.59 is 43.2% 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 Reliance Bancshares and its competitors. For the Banks industry, the median PB Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Reliance Bancshares's current PB Ratio is 1.59, which is 41% above median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Reliance Bancshares stock overvalued right now?
Based on GuruFocus' analysis, First Reliance Bancshares (FSRL) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.61, compared to a current price of $19.80 — trading 70.5% above its estimated fair value. The current PB Ratio is 1.59, which is 41% above median its 10-year median of 1.13 and 43.2% above the Banks industry median of 1.11. First Reliance Bancshares' overall GF Score™ is 45/100 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 Reliance Bancshares (FSRL), the current PB Ratio is 1.59 as of Aug. 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 Reliance Bancshares (FSRL) Overvalued in 2026?
Based on GuruFocus' analysis, First Reliance Bancshares stock appears to be overvalued.
The current stock price of $19.80 is trading 70.5% above its estimated GF Value™ of $11.61.
GuruFocus considers First Reliance Bancshares to be Significantly Overvalued.
Key valuation signals for FSRL:
PB Ratio: 1.59 (41% above median its 10-year median of 1.13)
GF Value™: $11.61 vs. price of $19.80 (70.5% above fair value)
Industry Position: 43.2% above the Banks median (#1207 of 1514)
No single metric tells the full story. See the FSRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Reliance Bancshares Inc operates as a South Carolina-chartered commercial bank providing banking services across domestic markets in South Carolina. Its deposits are insured by the Federal Deposit Insurance Corporation (FDIC). The Company mainly offers loans to individuals and small businesses for a range of personal and commercial purposes, mainly in South Carolina and North Carolina. It also provides a range of services, including personal banking, business banking, treasury services, and online and mobile banking, etc.
45GF Score
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