FRCPG.PFD (First Republic Bank) PB Ratio: 0.25 (As of Jul. 09, 2026) — 88% Below Median


What is First Republic Bank PB Ratio?

First Republic Bank FRCPG.PFD PB Ratio is 0.25 as of Jul. 09, 2026, which is 88% below its 10-year median of 2.11. The stock has 2 warning signs investors should review.

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 (2026-07-09), First Republic Bank's share price is $25.35. First Republic Bank's Book Value per Share for the quarter that ended in Dec. 2022 was $100.77. Hence, First Republic Bank's PB Ratio of today is 0.25.

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

During the past 13 years, First Republic Bank's highest PB Ratio was 3.30. The lowest was 0.01. And the median was 2.11.

FRCpG.PFD's PB Ratio is not ranked *
in the Banks industry.
Industry Median: 1.09
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, First Republic Bank's average Book Value Per Share Growth Rate was 10.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of First Republic Bank was 28.80% per year. The lowest was -13.10% per year. And the median was 12.10% per year.

Back to Basics: PB Ratio


First Republic Bank  (NYSE:FRCpG.PFD) 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 Republic Bank PB Ratio Related Terms


First Republic Bank PB Ratio Historical Data

* Premium members only.

The historical data trend for First Republic Bank'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 Republic Bank PB Ratio Chart

First Republic Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

First Republic Bank Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.00 0.00 0.00 0.00 0.00

FRCPG.PFD vs FRBK, SIVBQ, FSTF: PB Ratio Comparison

For the Banks - Regional subindustry, First Republic Bank'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 Republic Bank PB Ratio vs Banks Industry

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

* The bar in red indicates where First Republic Bank's PB Ratio falls into.



First Republic Bank 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 Republic Bank's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2022)
=25.35/100.765
=0.25

* 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 0.25 mean?
First Republic Bank (FRCPG.PFD) has a PB Ratio of 0.25 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on First Republic Bank and its competitors. This is 88% below median its historical median of 2.11. Over the past decade, First Republic Bank's PB Ratio has ranged from 0.01 to 3.30.
Is First Republic Bank's PB Ratio too high?
First Republic Bank's current PB Ratio of 0.25 is 88% below median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 3.30. The Banks industry median PB Ratio is 1.09. First Republic Bank's value of 0.25 is 77.1% below this industry median.
How does First Republic Bank's PB Ratio compare to FRBK and SIVBQ?
First Republic Bank's PB Ratio of 0.25 can be compared against companies in the Banks industry. The industry median PB Ratio is 1.09. First Republic Bank's value of 0.25 is 77.1% below this benchmark. Historically, First Republic Bank's own PB Ratio has ranged from 0.01 to 3.30 over the past decade. While the company's 10-year median is 2.11 vs. the industry median of 1.09, First Republic Bank 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. First Republic Bank's current PB Ratio of 0.25 is 77.1% 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 Republic Bank 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. First Republic Bank's current PB Ratio is 0.25, which is 88% below median its own 10-year median of 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Republic Bank stock overvalued right now?
First Republic Bank (FRCPG.PFD) has a current PB Ratio of 0.25. The current PB Ratio is 0.25, which is 88% below median its 10-year median of 2.11 and 77.1% below the Banks industry median of 1.09. 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 Republic Bank (FRCPG.PFD), the current PB Ratio is 0.25 as of Jul. 09, 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.

First Republic Bank Business Description

Address 111 Pine Street, 2nd Floor, San Francisco, CA, USA, 94111
First Republic Bank offers private banking and wealth management services to high-net-worth clients. Services are offered in the San Francisco, New York City, and Los Angeles markets. The bank was founded in 1985.