FIRRF (First Tractor Co) PB Ratio: 0.98 (As of Jun. 26, 2026) — 48% Above Median


FIRRF First Tractor Co Ltd FIRRF
83 GF Score
Price $0.95
GF Value $1.03
! 7 Warning Signs
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What is First Tractor Co PB Ratio?

First Tractor Co FIRRF 83 PB Ratio is 0.98 as of Jun. 26, 2026, which is 48% above its 10-year median of 0.66. GuruFocus rates FIRRF with a GF Score™ of 83/100 and a GF Value™ of $1.03. The stock has 7 warning signs investors should review. Among 201 Farm & Heavy Construction Machinery companies, First Tractor Co ranks better than 74.13% 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 (2026-06-26), First Tractor Co's share price is $0.9463. First Tractor Co's Book Value per Share for the quarter that ended in Dec. 2025 was $0.97. Hence, First Tractor Co's PB Ratio of today is 0.98.

Good Sign:

First Tractor Co Ltd stock PB Ratio (=0.86) is close to 2-year low of 0.82.

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

FIRRF' s PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.66   Max: 1.32
Current: 0.86

During the past 13 years, First Tractor Co's highest PB Ratio was 1.32. The lowest was 0.29. And the median was 0.66.

FIRRF's PB Ratio is ranked better than
74.13% of 201 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.5 vs FIRRF: 0.86

During the past 12 months, First Tractor Co's average Book Value Per Share Growth Rate was 9.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.40% 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 3.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of First Tractor Co was 13.00% per year. The lowest was -6.50% per year. And the median was 5.40% per year.

Back to Basics: PB Ratio


First Tractor Co  (OTCPK:FIRRF) 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 Tractor Co PB Ratio Related Terms


First Tractor Co PB Ratio Historical Data

* Premium members only.

The historical data trend for First Tractor 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.

First Tractor Co PB Ratio Chart

First Tractor Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.57 0.76 0.71 0.98

First Tractor Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
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 0.67 0.71 0.78 0.89 0.98

FIRRF vs CAT, DE, PCAR: PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, First Tractor 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 Tractor Co PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, First Tractor Co's PB Ratio distribution charts can be found below:

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


FIRRF
83GF Score
First Tractor Co Ltd FIRRF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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First Tractor 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 Tractor Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.9463/0.968
=0.98

* 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 0.98 mean?
First Tractor Co (FIRRF) has a PB Ratio of 0.98 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 First Tractor Co and its competitors. This is 48% above median its historical median of 0.66. Over the past decade, First Tractor Co's PB Ratio has ranged from 0.29 to 1.32. According to the industry distribution chart, First Tractor Co ranks #52 out of 201 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 25.9%.
Is First Tractor Co's PB Ratio too high?
First Tractor Co's current PB Ratio of 0.98 is 48% above median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.32. The Farm & Heavy Construction Machinery industry median PB Ratio is 1.50. First Tractor Co's value of 0.98 is 34.7% below this industry median. Based on the distribution chart, First Tractor Co ranks #52 out of 201 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, First Tractor Co has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does First Tractor Co's PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, First Tractor Co ranks #52 out of 201 companies for PB Ratio. This puts First Tractor Co in the upper half of its industry. The industry median PB Ratio is 1.50. First Tractor Co's value of 0.98 is 34.7% below this benchmark. Historically, First Tractor Co's own PB Ratio has ranged from 0.29 to 1.32 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 1.50, First Tractor Co 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 Farm & Heavy Construction Machinery company?
The median PB Ratio among Farm & Heavy Construction Machinery companies is 1.50, based on 201 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 Tractor Co's current PB Ratio of 0.98 is 34.7% 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 First Tractor Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Tractor Co's current PB Ratio is 0.98, which is 48% above median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Tractor Co stock overvalued right now?
First Tractor Co (FIRRF) has a current PB Ratio of 0.98. The stock's GF Value™ is $1.03, compared to a current price of $0.95 — trading 8.1% below its estimated fair value. The current PB Ratio is 0.98, which is 48% above median its 10-year median of 0.66 and 34.7% below the Farm & Heavy Construction Machinery industry median of 1.50. First Tractor Co's overall GF Score™ is 83/100 with 7 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 Tractor Co (FIRRF), the current PB Ratio is 0.98 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 First Tractor Co (FIRRF) Overvalued in 2026?

Based on GuruFocus' analysis, First Tractor Co stock appears to be undervalued. The current stock price of $0.95 is trading 8.1% below its estimated GF Value™ of $1.03.

Key valuation signals for FIRRF:

  • PB Ratio: 0.98 (48% above median its 10-year median of 0.66)
  • GF Value™: $1.03 vs. price of $0.95 (8.1% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 34.7% below the Farm & Heavy Construction Machinery median (#52 of 201)

No single metric tells the full story. See the FIRRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Tractor Co Business Description

Address No. 154 Jianshe Road, Henan Province, Luoyang, CHN, 471004
First Tractor Co Ltd is an agricultural machinery and equipment manufacturing service provider in China. The company focuses on the R&D and manufacturing of medium and largesized tractors and their core components, accelerating the product upgrades towards high-end, intelligent and green technologies. The company has two reportable segments: agricultural machinery segment and power machinery segment. The agricultural machinery segment is responsible for the production and sales of agricultural tractors and harvesters. The power machinery segment is mainly responsible for the production and sales of diesel engines. The majority of the company's revenue is derived from the Agricultural machinery segment.
83GF Score

Get the complete analysis for FIRRF

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.95
Price
$1.03
GF Value