CB First Investment Bank AD (FRA:834) ROE % Adjusted to Book Value: 26.07% (As of Mar. 2026)


FRA:834 CB First Investment Bank AD FRA:834
61 GF Score
Price €3.14
GF Value €4.52
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is CB First Investment Bank AD ROE % Adjusted to Book Value?

CB First Investment Bank AD FRA:834 +3.29% 61 ROE % Adjusted to Book Value is 26.07% as of Mar. 2026. GuruFocus rates FRA:834 with a GF Score™ of 61/100 and a GF Value™ of €4.52 (Significantly Undervalued). The stock has 4 warning signs investors should review.

CB First Investment Bank AD's ROE % for the quarter that ended in Mar. 2026 was 11.99%. CB First Investment Bank AD's PB Ratio for the quarter that ended in Mar. 2026 was 0.46. CB First Investment Bank AD's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 26.07%.


CB First Investment Bank AD ROE % Adjusted to Book Value Related Terms


CB First Investment Bank AD ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for CB First Investment Bank AD's ROE % Adjusted to Book Value 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.

CB First Investment Bank AD ROE % Adjusted to Book Value Chart

CB First Investment Bank AD Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.41 28.64 46.35 44.00 57.56

CB First Investment Bank AD Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 63.40 83.11 33.58 36.61 26.07

FRA:834 vs PNC, USB: ROE % Adjusted to Book Value Comparison

For the Banks - Regional subindustry, CB First Investment Bank AD's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


CB First Investment Bank AD ROE % Adjusted to Book Value vs Banks Industry

For the Banks industry and Financial Services sector, CB First Investment Bank AD's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where CB First Investment Bank AD's ROE % Adjusted to Book Value falls into.


FRA:834
61GF Score
CB First Investment Bank AD FRA:834
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CB First Investment Bank AD ROE % Adjusted to Book Value Calculation

CB First Investment Bank AD's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=10.36% / 0.18
=57.56%

CB First Investment Bank AD's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=11.99% / 0.46
=26.07%

* 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.

What does a ROE % Adjusted to Book Value of 26.07% mean?
CB First Investment Bank AD (FRA:834) has a ROE % Adjusted to Book Value of 26.07% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on CB First Investment Bank AD and its competitors.
Is CB First Investment Bank AD's ROE % Adjusted to Book Value too high?
CB First Investment Bank AD's current ROE % Adjusted to Book Value is 26.07%. Overall, CB First Investment Bank AD has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CB First Investment Bank AD's ROE % Adjusted to Book Value compare to PNC and USB?
CB First Investment Bank AD's ROE % Adjusted to Book Value of 26.07% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Banks company?
A good ROE % Adjusted to Book Value depends on the Banks industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on CB First Investment Bank AD and its competitors. CB First Investment Bank AD's current ROE % Adjusted to Book Value is 26.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CB First Investment Bank AD stock overvalued right now?
Based on GuruFocus' analysis, CB First Investment Bank AD (FRA:834) is currently considered Significantly Undervalued. The stock's GF Value™ is €4.52, compared to a current price of €3.14 — trading 30.5% below its estimated fair value. The current ROE % Adjusted to Book Value is 26.07%. CB First Investment Bank AD's overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For CB First Investment Bank AD (FRA:834), the current ROE % Adjusted to Book Value is 26.07% as of Mar. 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 CB First Investment Bank AD (FRA:834) Overvalued in 2026?

Based on GuruFocus' analysis, CB First Investment Bank AD stock appears to be undervalued. The current stock price of €3.14 is trading 30.5% below its estimated GF Value™ of €4.52. GuruFocus considers CB First Investment Bank AD to be Significantly Undervalued.

Key valuation signals for FRA:834:

  • ROE % Adjusted to Book Value: 26.07%
  • GF Value™: €4.52 vs. price of €3.14 (30.5% below fair value)
  • GF Score™: 61/100 with 4 warning signs

No single metric tells the full story. See the FRA:834 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CB First Investment Bank AD Business Description

Other Exchanges FIB:Bulgaria
Address 111P, Tsarigradsko shose Boulevard, Sofia 1784, Sofia, BGR, 1797
CB First Investment Bank AD provides banking services. The company provides Retail banking; Microlending; SME banking; Corporate banking; Card payments; Digital banking; Trade financing; International payments; Corporate lending, and others. Geographically the group operates principally in Bulgaria but also has operations in Cyprus and Albania.
61GF Score

Get the complete analysis for FRA:834

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.14
Price
€4.52
GF Value