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Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
FirstCash Holdings Price-to-Tangible-Book Related Terms
FirstCash Holdings Price-to-Tangible-Book Historical Data
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The historical data trend for FirstCash Holdings's Price-to-Tangible-Book 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.
FCFS vs OMF, KLAR, CACC: Price-to-Tangible-Book Comparison
For the Credit Services subindustry, FirstCash Holdings's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
FirstCash Holdings Price-to-Tangible-Book vs Credit Services Industry
For the Credit Services industry and Financial Services sector, FirstCash Holdings's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where FirstCash Holdings's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
What does a Price-to-Tangible-Book of 107.32 mean?
FirstCash Holdings (FCFS) has a Price-to-Tangible-Book of 107.32 as of Aug. 26, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on FirstCash Holdings and its competitors. According to the industry distribution chart, FirstCash Holdings ranks #513 out of 515 companies in the Credit Services industry, placing it in the top 99.6%.
Is FirstCash Holdings' Price-to-Tangible-Book too high?
FirstCash Holdings' current Price-to-Tangible-Book is 107.32. The Credit Services industry median Price-to-Tangible-Book is 1.12. FirstCash Holdings' value of 107.32 is 9482.1% above this industry median. Based on the distribution chart, FirstCash Holdings ranks #513 out of 515 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, FirstCash Holdings has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FirstCash Holdings' Price-to-Tangible-Book compare to OMF and KLAR?
According to the Credit Services industry distribution chart, FirstCash Holdings ranks #513 out of 515 companies for Price-to-Tangible-Book. This places FirstCash Holdings in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.12. FirstCash Holdings' value of 107.32 is 9482.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Credit Services company?
The median Price-to-Tangible-Book among Credit Services companies is 1.12, based on 515 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FirstCash Holdings's current Price-to-Tangible-Book of 107.32 is 9482.1% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on FirstCash Holdings and its competitors. For the Credit Services industry, the median Price-to-Tangible-Book is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FirstCash Holdings's current Price-to-Tangible-Book is 107.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FirstCash Holdings stock overvalued right now?
Based on GuruFocus' analysis, FirstCash Holdings (FCFS) is currently considered Significantly Overvalued. The stock's GF Value™ is $161.95, compared to a current price of $224.62 — trading 38.7% above its estimated fair value. The current Price-to-Tangible-Book is 107.32 and 9482.1% above the Credit Services industry median of 1.12. FirstCash Holdings' overall GF Score™ is 90/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For FirstCash Holdings (FCFS), the current Price-to-Tangible-Book is 107.32 as of Aug. 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 FirstCash Holdings (FCFS) Overvalued in 2026?
Based on GuruFocus' analysis, FirstCash Holdings stock appears to be overvalued.
The current stock price of $224.62 is trading 38.7% above its estimated GF Value™ of $161.95.
GuruFocus considers FirstCash Holdings to be Significantly Overvalued.
Key valuation signals for FCFS:
Price-to-Tangible-Book: 107.32
GF Value™: $161.95 vs. price of $224.62 (38.7% above fair value)
Industry Position: 9482.1% above the Credit Services median (#513 of 515)
No single metric tells the full story. See the FCFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FirstCash Holdings Inc is an operator of pawn stores in the U.S., Latin America and the U.K. The company's primary line of business is the operation of retail pawn stores, also known as pawnshops. It also operates a retail POS payment solutions business. Its two business lines are organized into four reportable segments: The U.S. pawn segment consists of pawn operations in some of U.S. states and the District of Columbia; The Latin America pawn segment consists of pawn operations in Mexico, Guatemala, El Salvador and Colombia; The U.K. pawn segment consists of pawn operations in England, Scotland and Wales; and The retail POS payment solutions segment consists of the operations of American First Finance, LLC, which offers products in the U.S.
90GF Score
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