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First Tractor CoFIRRF 81 Price-to-Tangible-Book is 0.88 as of Sep. 22, 2026. GuruFocus rates FIRRF with a GF Score™ of 81/100 and a GF Value™ of $0.76. The stock has 9 warning signs investors should review. Among 202 Farm & Heavy Construction Machinery companies, First Tractor Co ranks better than 65.84% on this metric.
The historical rank and industry rank for First Tractor Co's Price-to-Tangible-Book or its related term are showing as below:
FIRRF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.48 Med: 0.82 Max: 1.37
Current: 1.37
During the past 13 years, First Tractor Co's highest Price to Tangible Book Ratio was 1.37. The lowest was 0.48. And the median was 0.82.
FIRRF's Price-to-Tangible-Book is ranked better than 65.84% of 202
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.82
vs FIRRF: 1.37
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.
First Tractor Co Price-to-Tangible-Book Related Terms
First Tractor Co Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for First Tractor Co'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.
FIRRF vs CAT, DE, PCAR: Price-to-Tangible-Book Comparison
For the Farm & Heavy Construction Machinery subindustry, First Tractor Co'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.
First Tractor Co Price-to-Tangible-Book vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, First Tractor Co's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where First Tractor Co'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.
First Tractor Co (FIRRF) has a Price-to-Tangible-Book of 0.88 as of Sep. 22, 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 First Tractor Co and its competitors. According to the industry distribution chart, First Tractor Co ranks #69 out of 202 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 34.2%.
Is First Tractor Co's Price-to-Tangible-Book too high?
First Tractor Co's current Price-to-Tangible-Book is 0.88. The Farm & Heavy Construction Machinery industry median Price-to-Tangible-Book is 1.82. First Tractor Co's value of 0.88 is 51.6% below this industry median. Based on the distribution chart, First Tractor Co ranks #69 out of 202 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, First Tractor Co has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does First Tractor Co's Price-to-Tangible-Book compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, First Tractor Co ranks #69 out of 202 companies for Price-to-Tangible-Book. This puts First Tractor Co in the upper half of its industry. The industry median Price-to-Tangible-Book is 1.82. First Tractor Co's value of 0.88 is 51.6% below 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 Farm & Heavy Construction Machinery company?
The median Price-to-Tangible-Book among Farm & Heavy Construction Machinery companies is 1.82, based on 202 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. First Tractor Co's current Price-to-Tangible-Book of 0.88 is 51.6% 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 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 First Tractor Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Price-to-Tangible-Book is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Tractor Co's current Price-to-Tangible-Book is 0.88. 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 Price-to-Tangible-Book of 0.88. The stock's GF Value™ is $0.76, compared to a current price of $0.95 — trading 24.5% above its estimated fair value. The current Price-to-Tangible-Book is 0.88 and 51.6% below the Farm & Heavy Construction Machinery industry median of 1.82. First Tractor Co's overall GF Score™ is 81/100 with 9 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 First Tractor Co (FIRRF), the current Price-to-Tangible-Book is 0.88 as of Sep. 22, 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 overvalued.
The current stock price of $0.95 is trading 24.5% above its estimated GF Value™ of $0.76.
Key valuation signals for FIRRF:
Price-to-Tangible-Book: 0.88
GF Value™: $0.76 vs. price of $0.95 (24.5% above fair value)
Industry Position: 51.6% below the Farm & Heavy Construction Machinery median (#69 of 202)
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 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.
81GF Score
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