The historical rank and industry rank for ChoiceOne Financial Services's PB Ratio or its related term are showing as below:
COFS'
s PB Ratio Range Over the Past 10 Years
Min: 0.68 Med: 1.04 Max: 1.39
Current: 1.04
During the past 13 years, ChoiceOne Financial Services's highest PB Ratio was 1.39. The lowest was 0.68. And the median was 1.04.
COFS's PB Ratio is ranked better than 54.35% of 1516
companies
in the Banks industry
Industry Median: 1.09
vs COFS: 1.04
During the past 12 months, ChoiceOne Financial Services's average Book Value Per Share Growth Rate was 10.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ChoiceOne Financial Services was 31.70% per year. The lowest was -5.40% per year. And the median was 4.90% per year.
Back to Basics: PB Ratio
ChoiceOne Financial Services (NAS:COFS) PB Ratio Explanation
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.
ChoiceOne Financial Services PB Ratio Related Terms
ChoiceOne Financial Services 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, ChoiceOne Financial Services'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.
ChoiceOne Financial Services PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, ChoiceOne Financial Services's PB Ratio distribution charts can be found below:
* The bar in red indicates where ChoiceOne Financial Services'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.
ChoiceOne Financial Services (COFS) has a PB Ratio of 1.04 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on ChoiceOne Financial Services and its competitors. This is near median its historical median of 1.04. Over the past decade, ChoiceOne Financial Services' PB Ratio has ranged from 0.68 to 1.39. According to the industry distribution chart, ChoiceOne Financial Services ranks #692 out of 1516 companies in the Banks industry, placing it in the top 45.6%.
Is ChoiceOne Financial Services' PB Ratio too high?
ChoiceOne Financial Services' current PB Ratio of 1.04 is near median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.39. The Banks industry median PB Ratio is 1.09. ChoiceOne Financial Services' value of 1.04 is 4.6% below this industry median. Based on the distribution chart, ChoiceOne Financial Services ranks #692 out of 1516 companies in the Banks industry, which is above the industry midpoint. Overall, ChoiceOne Financial Services has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ChoiceOne Financial Services' PB Ratio compare to FFMR and FBIZ?
According to the Banks industry distribution chart, ChoiceOne Financial Services ranks #692 out of 1516 companies for PB Ratio. This puts ChoiceOne Financial Services in the upper half of its industry. The industry median PB Ratio is 1.09. ChoiceOne Financial Services' value of 1.04 is 4.6% below this benchmark. Historically, ChoiceOne Financial Services' own PB Ratio has ranged from 0.68 to 1.39 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.09, ChoiceOne Financial Services has consistently been below 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 1,516 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. ChoiceOne Financial Services's current PB Ratio of 1.04 is 4.6% below 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 ChoiceOne Financial Services 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. ChoiceOne Financial Services's current PB Ratio is 1.04, which is near median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ChoiceOne Financial Services stock overvalued right now?
Based on GuruFocus' analysis, ChoiceOne Financial Services (COFS) is currently considered Modestly Overvalued. The stock's GF Value™ is $29.24, compared to a current price of $32.81 — trading 12.2% above its estimated fair value. The current PB Ratio is 1.04, which is near median its 10-year median of 1.04 and 4.6% below the Banks industry median of 1.09. ChoiceOne Financial Services' overall GF Score™ is 62/100 with 4 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 ChoiceOne Financial Services (COFS), the current PB Ratio is 1.04 as of Jun. 26, 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 ChoiceOne Financial Services (COFS) Overvalued in 2026?
Based on GuruFocus' analysis, ChoiceOne Financial Services stock appears to be overvalued.
The current stock price of $32.81 is trading 12.2% above its estimated GF Value™ of $29.24.
GuruFocus considers ChoiceOne Financial Services to be Modestly Overvalued.
Key valuation signals for COFS:
PB Ratio: 1.04 (near median its 10-year median of 1.04)
GF Value™: $29.24 vs. price of $32.81 (12.2% above fair value)
Industry Position: 4.6% below the Banks median (#692 of 1516)
No single metric tells the full story. See the COFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ChoiceOne Financial Services Inc is a full-service banking institution. It is engaged in the business of providing personal and business banking solutions, borrowing solutions, and treasury notes and bonds services. The bank's product and services portfolio consist of time, savings and demand deposits, safe deposit services, automated transaction machine services, commercial and consumer loans, commercial lending to business, industry, agricultural, construction, inventory, and real estate categories. Its primary market area is Kent, Muskegon, Newaygo, and Ottawa counties in western Michigan, and Lapeer, Macomb, and St. Clair counties in southeastern Michigan in the communities where the Bank's respective offices are located.
62GF Score
Get the complete analysis for COFS
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