Primary BkPRMY 60 PB Ratio is 1.28 as of Jun. 28, 2026, which is 2% below its 10-year median of 1.31. GuruFocus rates PRMY with a GF Score™ of 60/100 and a GF Value™ of $25.60 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,519 Banks companies, Primary Bk ranks worse than 64.65% 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 (2026-06-28), Primary Bk's share price is $29.886. Primary Bk's Book Value per Share for the quarter that ended in Dec. 2025 was $23.41. Hence, Primary Bk's PB Ratio of today is 1.28.
The historical rank and industry rank for Primary Bk's PB Ratio or its related term are showing as below:
PRMY'
s PB Ratio Range Over the Past 10 Years
Min: 1.1 Med: 1.31 Max: 2.13
Current: 1.28
During the past 7 years, Primary Bk's highest PB Ratio was 2.13. The lowest was 1.10. And the median was 1.31.
PRMY's PB Ratio is ranked worse than 64.65% of 1519
companies
in the Banks industry
Industry Median: 1.09
vs PRMY: 1.28
During the past 12 months, Primary Bk's average Book Value Per Share Growth Rate was 10.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.10% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Primary Bk was 20.90% per year. The lowest was 12.10% per year. And the median was 15.15% 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.
Primary Bk PB Ratio Related Terms
Primary Bk PB Ratio Historical Data
* Premium members only.
The historical data trend for Primary Bk'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, Primary Bk'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.
Primary Bk PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Primary Bk's PB Ratio distribution charts can be found below:
* The bar in red indicates where Primary Bk'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.
Primary Bk's PB Ratio for today is calculated as follows:
* 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.
Primary Bk (PRMY) has a PB Ratio of 1.28 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Primary Bk and its competitors. This is near median its historical median of 1.31. Over the past decade, Primary Bk's PB Ratio has ranged from 1.10 to 2.13. According to the industry distribution chart, Primary Bk ranks #982 out of 1519 companies in the Banks industry, placing it in the top 64.6%.
Is Primary Bk's PB Ratio too high?
Primary Bk's current PB Ratio of 1.28 is near median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 2.13. The Banks industry median PB Ratio is 1.09. Primary Bk's value of 1.28 is 17.4% above this industry median. Based on the distribution chart, Primary Bk ranks #982 out of 1519 companies in the Banks industry, which is below the industry midpoint. Overall, Primary Bk has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primary Bk's PB Ratio compare to SRBK and BEOB?
According to the Banks industry distribution chart, Primary Bk ranks #982 out of 1519 companies for PB Ratio. This places Primary Bk in the lower half of its industry. The industry median PB Ratio is 1.09. Primary Bk's value of 1.28 is 17.4% above this benchmark. Historically, Primary Bk's own PB Ratio has ranged from 1.10 to 2.13 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.09, Primary Bk 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 1,519 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. Primary Bk's current PB Ratio of 1.28 is 17.4% 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 Primary Bk 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. Primary Bk's current PB Ratio is 1.28, which is near median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primary Bk stock overvalued right now?
Based on GuruFocus' analysis, Primary Bk (PRMY) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.60, compared to a current price of $29.89 — trading 16.7% above its estimated fair value. The current PB Ratio is 1.28, which is near median its 10-year median of 1.31 and 17.4% above the Banks industry median of 1.09. Primary Bk's overall GF Score™ is 60/100 with 3 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 Primary Bk (PRMY), the current PB Ratio is 1.28 as of Jun. 28, 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 Primary Bk (PRMY) Overvalued in 2026?
Based on GuruFocus' analysis, Primary Bk stock appears to be overvalued.
The current stock price of $29.89 is trading 16.7% above its estimated GF Value™ of $25.60.
GuruFocus considers Primary Bk to be Modestly Overvalued.
Key valuation signals for PRMY:
PB Ratio: 1.28 (near median its 10-year median of 1.31)
GF Value™: $25.60 vs. price of $29.89 (16.7% above fair value)
Industry Position: 17.4% above the Banks median (#982 of 1519)
No single metric tells the full story. See the PRMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Primary Bk is a banking service provider. The services offered by the bank include online banking, mobile banking, remote deposit, cash management, and credit cards. The Bank provides a variety of financial services to small and medium-sized businesses, professionals, municipalities, and not-for-profit organizations through its offices in Bedford, Manchester, Derry, and Nashua, New Hampshire.
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