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First Financial Holding Co (First Financial Holding Co) PB Ratio : 0.88 (As of May. 01, 2024)


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What is First Financial Holding Co PB Ratio?

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 (2024-05-01), First Financial Holding Co's share price is $10.31577. First Financial Holding Co's Book Value per Share for the quarter that ended in Dec. 2023 was $11.67. Hence, First Financial Holding Co's PB Ratio of today is 0.88.

Good Sign:

First Financial Holding Co Ltd stock PB Ratio (=1.48) is close to 2-year low of 1.44

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

FFHMY' s PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.24   Max: 1.67
Current: 1.48

During the past 13 years, First Financial Holding Co's highest PB Ratio was 1.67. The lowest was 0.87. And the median was 1.24.

FFHMY's PB Ratio is ranked worse than
83.41% of 1459 companies
in the Banks industry
Industry Median: 0.85 vs FFHMY: 1.48

During the past 12 months, First Financial Holding Co's average Book Value Per Share Growth Rate was 10.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of First Financial Holding Co was 8.40% per year. The lowest was -1.20% per year. And the median was 4.60% per year.

Back to Basics: PB Ratio


First Financial Holding Co PB Ratio Historical Data

The historical data trend for First Financial Holding Co'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 Financial Holding Co PB Ratio Chart

First Financial Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.90 0.87 0.96 0.88

First Financial Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial 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 0.96 0.91 0.92 0.93 0.88

Competitive Comparison of First Financial Holding Co's PB Ratio

For the Banks - Regional subindustry, First Financial Holding Co'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 Financial Holding Co's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where First Financial Holding Co's PB Ratio falls into.



First Financial Holding Co 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 Financial Holding Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=10.31577/11.674
=0.88

* 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 Financial Holding Co  (GREY:FFHMY) 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 Financial Holding Co PB Ratio Related Terms

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


First Financial Holding Co (First Financial Holding Co) Business Description

Traded in Other Exchanges
Address
No. 30, Chongqing South Road, 18th Floor, Section 1, Taipei, TWN, 100
First Financial Holding Co Ltd is a financial services holding company that consists of various subsidiaries. Most of the company's activities are overwhelmingly concentrated in Taiwan. Its largest revenue-contributing subsidiary, First Bank, derives most of its net revenue from net interest income. First Bank's expansion strategy targets China and Southeast Asia, as well as developed economies across the globe. First Bank emphasizes distribution chain financing and has adjusted its loan portfolio away from capital-intensive lending, together with a focus on fee-based businesses. The company also engages in asset management, securities trading, brokerage services, insurance, venture capital, consulting, and distressed asset investing.

First Financial Holding Co (First Financial Holding Co) Headlines

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