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First Farmers FinancialFFMR 73 PB Ratio is 1.48 as of Jul. 30, 2026, which is 13% below its 10-year median of 1.70. GuruFocus rates FFMR with a GF Score™ of 73/100 and a GF Value™ of $39.04 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,515 Banks companies, First Farmers Financial ranks worse than 74.98% on this metric.
First Farmers Financial Corp stock PB Ratio (=1.48) is close to 5-year low of 1.34.
The historical rank and industry rank for First Farmers Financial's PB Ratio or its related term are showing as below:
FFMR'
s PB Ratio Range Over the Past 10 Years
Min: 1.28 Med: 1.7 Max: 2.39
Current: 1.48
During the past 12 years, First Farmers Financial's highest PB Ratio was 2.39. The lowest was 1.28. And the median was 1.70.
FFMR's PB Ratio is ranked worse than 74.98% of 1515
companies
in the Banks industry
Industry Median: 1.11
vs FFMR: 1.48
During the past 12 months, First Farmers Financial'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 11.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.80% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of First Farmers Financial was 13.60% per year. The lowest was 4.00% per year. And the median was 11.30% per year.
Back to Basics: PB Ratio
First Farmers Financial (OTCPK:FFMR) 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.
* 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, First Farmers Financial'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 Farmers Financial PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, First Farmers Financial's PB Ratio distribution charts can be found below:
* The bar in red indicates where First Farmers Financial'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.
First Farmers Financial (FFMR) has a PB Ratio of 1.48 as of Jul. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on First Farmers Financial and its competitors. This is 13% below median its historical median of 1.70. Over the past decade, First Farmers Financial's PB Ratio has ranged from 1.28 to 2.39. According to the industry distribution chart, First Farmers Financial ranks #1136 out of 1515 companies in the Banks industry, placing it in the top 75%.
Is First Farmers Financial's PB Ratio too high?
First Farmers Financial's current PB Ratio of 1.48 is 13% below median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 2.39. The Banks industry median PB Ratio is 1.11. First Farmers Financial's value of 1.48 is 33.3% above this industry median. Based on the distribution chart, First Farmers Financial ranks #1136 out of 1515 companies in the Banks industry, which is below the industry midpoint. Overall, First Farmers Financial has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Farmers Financial's PB Ratio compare to BSVN and BMRC?
According to the Banks industry distribution chart, First Farmers Financial ranks #1136 out of 1515 companies for PB Ratio. This places First Farmers Financial in the lower half of its industry. The industry median PB Ratio is 1.11. First Farmers Financial's value of 1.48 is 33.3% above this benchmark. Historically, First Farmers Financial's own PB Ratio has ranged from 1.28 to 2.39 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 1.11, First Farmers Financial 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 1.11, based on 1,515 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 Farmers Financial's current PB Ratio of 1.48 is 33.3% 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 Farmers Financial 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 Farmers Financial's current PB Ratio is 1.48, which is 13% below median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Farmers Financial stock overvalued right now?
Based on GuruFocus' analysis, First Farmers Financial (FFMR) is currently considered Modestly Undervalued. The stock's GF Value™ is $39.04, compared to a current price of $34.30 — trading 12.1% below its estimated fair value. The current PB Ratio is 1.48, which is 13% below median its 10-year median of 1.70 and 33.3% above the Banks industry median of 1.11. First Farmers Financial's overall GF Score™ is 73/100 with 2 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 First Farmers Financial (FFMR), the current PB Ratio is 1.48 as of Jul. 30, 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 First Farmers Financial (FFMR) Overvalued in 2026?
Based on GuruFocus' analysis, First Farmers Financial stock appears to be undervalued.
The current stock price of $34.30 is trading 12.1% below its estimated GF Value™ of $39.04.
GuruFocus considers First Farmers Financial to be Modestly Undervalued.
Key valuation signals for FFMR:
PB Ratio: 1.48 (13% below median its 10-year median of 1.70)
GF Value™: $39.04 vs. price of $34.30 (12.1% below fair value)
Industry Position: 33.3% above the Banks median (#1136 of 1515)
No single metric tells the full story. See the FFMR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Farmers Financial Corp is a financial holding company. Along with its subsidiaries, it is mainly engaged in providing a range of banking products and services to individuals, families, and businesses. Its products and services include deposits, retirement and health savings accounts, consumer loans, home equity, and account management and leasing. The group makes commercial, installment and mortgage loans to and receives deposits from customers through its offices located in the Indiana counties of Carroll, Cass, Clay, Grant, Hamilton, Howard, Huntington, Madison, Marshall, Miami, Starke, Sullivan, Tippecanoe, Tipton, Vigo and Wabash; and Illinois counties of Coles, Edgar and Vermilion.
73GF Score
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