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First Resource Bancorp (First Resource Bancorp) PB Ratio : 0.89 (As of May. 01, 2024)


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What is First Resource Bancorp 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 Resource Bancorp's share price is $13.62. First Resource Bancorp's Book Value per Share for the quarter that ended in Mar. 2024 was $15.34. Hence, First Resource Bancorp's PB Ratio of today is 0.89.

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

FRSB' s PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.94   Max: 1.41
Current: 0.89

During the past 13 years, First Resource Bancorp's highest PB Ratio was 1.41. The lowest was 0.58. And the median was 0.94.

FRSB's PB Ratio is ranked worse than
54.15% of 1459 companies
in the Banks industry
Industry Median: 0.85 vs FRSB: 0.89

During the past 12 months, First Resource Bancorp's average Book Value Per Share Growth Rate was 14.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of First Resource Bancorp was 13.30% per year. The lowest was -0.80% per year. And the median was 8.10% per year.

Back to Basics: PB Ratio


First Resource Bancorp PB Ratio Historical Data

The historical data trend for First Resource Bancorp'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 Resource Bancorp PB Ratio Chart

First Resource Bancorp 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 1.06 0.73 0.92 0.93 0.85

First Resource Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.95 0.80 0.82 0.85 0.86

Competitive Comparison of First Resource Bancorp's PB Ratio

For the Banks - Regional subindustry, First Resource Bancorp'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 Resource Bancorp's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where First Resource Bancorp's PB Ratio falls into.



First Resource Bancorp 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 Resource Bancorp's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=13.62/15.336
=0.89

* 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 Resource Bancorp  (OTCPK:FRSB) 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 Resource Bancorp PB Ratio Related Terms

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


First Resource Bancorp (First Resource Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1 E. Uwchlan Avenue, Suite 410, Exton, PA, USA, 19341
First Resource Bancorp Inc is a community bank. It is a full-service bank providing personal and business lending and deposit services. The company serves the southeastern area of Pennsylvania. The bank offers a range of commercial and consumer deposit accounts and regular savings accounts.