First Atlantic Bank (XGHA:FAB) PB Ratio: 1.44 (As of Aug. 10, 2026)

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XGHA:FAB First Atlantic Bank PLC XGHA:FAB
24 GF Score
Price GHS8.40
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What is First Atlantic Bank PB Ratio?

First Atlantic Bank XGHA:FAB 24 PB Ratio is 1.44 as of Aug. 10, 2026. GuruFocus rates XGHA:FAB with a GF Score™ of 24/100. Among 1,514 Banks companies, First Atlantic Bank ranks worse than 72.72% 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 (2026-08-10), First Atlantic Bank's share price is GHS8.40. First Atlantic Bank's Book Value per Share for the quarter that ended in Dec. 2025 was GHS5.84. Hence, First Atlantic Bank's PB Ratio of today is 1.44.

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

XGHA:FAB' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.44
Current: 1.44

During the past 2 years, First Atlantic Bank's highest PB Ratio was 1.44. The lowest was 0.00. And the median was 0.00.

XGHA:FAB's PB Ratio is ranked worse than
72.72% of 1514 companies
in the Banks industry
Industry Median: 1.11 vs XGHA:FAB: 1.44

During the past 12 months, First Atlantic Bank's average Book Value Per Share Growth Rate was 38.40% per year.

Back to Basics: PB Ratio


First Atlantic Bank  (XGHA:FAB) 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 Atlantic Bank PB Ratio Related Terms


First Atlantic Bank PB Ratio Historical Data

* Premium members only.

The historical data trend for First Atlantic Bank'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 Atlantic Bank PB Ratio Chart

First Atlantic Bank Annual Data
Trend Dec24 Dec25
PB Ratio
0.00 1.32

First Atlantic Bank Semi-Annual Data
Dec24 Dec25
PB Ratio 0.00 1.32

XGHA:FAB vs PNC: PB Ratio Comparison

For the Banks - Regional subindustry, First Atlantic Bank'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 Atlantic Bank PB Ratio vs Banks Industry

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

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


XGHA:FAB
24GF Score
First Atlantic Bank PLC XGHA:FAB
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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First Atlantic Bank 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 Atlantic Bank's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=8.40/5.835
=1.44

* 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 1.44 mean?
First Atlantic Bank (XGHA:FAB) has a PB Ratio of 1.44 as of Aug. 10, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on First Atlantic Bank and its competitors. According to the industry distribution chart, First Atlantic Bank ranks #1101 out of 1514 companies in the Banks industry, placing it in the top 72.7%.
Is First Atlantic Bank's PB Ratio too high?
First Atlantic Bank's current PB Ratio is 1.44. The Banks industry median PB Ratio is 1.11. First Atlantic Bank's value of 1.44 is 29.7% above this industry median. Based on the distribution chart, First Atlantic Bank ranks #1101 out of 1514 companies in the Banks industry, which is below the industry midpoint. Overall, First Atlantic Bank has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does First Atlantic Bank's PB Ratio compare to PNC?
According to the Banks industry distribution chart, First Atlantic Bank ranks #1101 out of 1514 companies for PB Ratio. This places First Atlantic Bank in the lower half of its industry. The industry median PB Ratio is 1.11. First Atlantic Bank's value of 1.44 is 29.7% above this benchmark. 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 Atlantic Bank's current PB Ratio of 1.44 is 29.7% 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 Atlantic Bank 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 Atlantic Bank's current PB Ratio is 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Atlantic Bank stock overvalued right now?
First Atlantic Bank (XGHA:FAB) has a current PB Ratio of 1.44. The current PB Ratio is 1.44 and 29.7% above the Banks industry median of 1.11. First Atlantic Bank's overall GF Score™ is 24/100. 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 Atlantic Bank (XGHA:FAB), the current PB Ratio is 1.44 as of Aug. 10, 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.

First Atlantic Bank Business Description

Address Seventh Avenue, Atlantic Place No. 1, Ridge West, Accra, GHA
First Atlantic Bank PLC is engaged in providing banking services that include personal banking, corporate banking, digital banking, prestige banking, and others. The Group's portfolio consists of loans and investments segmented across five main portfolios: Corporate Loans, Retail Loans, Retail Controller Loans, SME loans & Investments. The Group comprises the following main business segments: Corporate Banking, Retail and business banking, and Global markets. It generates majority of its income from Global markets segment which undertake the Group's funding and risk management activities through borrowings, issues of debt securities and investing in liquid assets such as short-term placements and corporate and government debt securities.
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PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

GHS8.40
Price