FSRL (First Reliance Bancshares) Shiller PE Ratio: (As of Aug. 03, 2026)

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FSRL First Reliance Bancshares Inc FSRL
45 GF Score
Price $19.80
GF Value $11.61
Valuation Significantly Overvalued
! 5 Warning Signs
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What is First Reliance Bancshares Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


First Reliance Bancshares  (OTCPK:FSRL) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


First Reliance Bancshares Shiller PE Ratio Related Terms


First Reliance Bancshares Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for First Reliance Bancshares's Shiller PE 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 Reliance Bancshares Shiller PE Ratio Chart

First Reliance Bancshares Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

First Reliance Bancshares Quarterly Data
Jun14 Sep14 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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

FSRL vs TYFG, BKUT, PBCO: Shiller PE Ratio Comparison

For the Banks - Regional subindustry, First Reliance Bancshares's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Reliance Bancshares Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, First Reliance Bancshares's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where First Reliance Bancshares's Shiller PE Ratio falls into.


FSRL
45GF Score
First Reliance Bancshares Inc FSRL
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Reliance Bancshares Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

First Reliance Bancshares's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, First Reliance Bancshares's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.34/333.9520*333.9520
=0.340

Current CPI (Jun. 2026) = 333.9520.

First Reliance Bancshares Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200906 -0.400 215.693 -0.619
200909 -0.160 215.969 -0.247
200912 -1.290 215.949 -1.995
201003 0.080 217.631 0.123
201006 -0.200 217.965 -0.306
201009 -0.150 218.439 -0.229
201012 -0.040 219.179 -0.061
201103 -0.040 223.467 -0.060
201106 0.030 225.722 0.044
201109 -2.210 226.889 -3.253
201112 -0.350 225.672 -0.518
201203 0.020 229.392 0.029
201206 -0.050 229.478 -0.073
201209 0.090 231.407 0.130
201212 -0.280 229.601 -0.407
201303 -0.070 232.773 -0.100
201306 -0.120 233.504 -0.172
201309 -0.630 234.149 -0.899
201312 -1.230 233.049 -1.763
201403 0.020 236.293 0.028
201406 0.020 238.343 0.028
201409 0.660 238.031 0.926
201412 -0.040 234.812 -0.057
201512 0.000 236.525 0.000
201612 0.000 241.432 0.000
201712 0.000 246.524 0.000
201812 0.000 251.233 0.000
201912 0.000 256.974 0.000
202012 0.000 260.474 0.000
202112 0.000 278.802 0.000
202212 0.000 296.797 0.000
202312 0.000 306.746 0.000
202409 0.220 315.301 0.233
202412 0.110 315.605 0.116
202503 0.190 319.799 0.198
202506 0.440 322.561 0.456
202509 0.330 324.800 0.339
202512 0.360 324.054 0.371
202603 0.410 330.213 0.415
202606 0.340 333.952 0.340

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is First Reliance Bancshares (FSRL) Overvalued in 2026?

Based on GuruFocus' analysis, First Reliance Bancshares stock appears to be overvalued. The current stock price of $19.80 is trading 70.5% above its estimated GF Value™ of $11.61. GuruFocus considers First Reliance Bancshares to be Significantly Overvalued.

Key valuation signals for FSRL:

  • Shiller PE Ratio:
  • GF Value™: $11.61 vs. price of $19.80 (70.5% above fair value)
  • GF Score™: 45/100 with 5 warning signs

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


First Reliance Bancshares Business Description

Address 2170 West Palmetto Street, Florence, SC, USA, 29501
First Reliance Bancshares Inc operates as a South Carolina-chartered commercial bank providing banking services across domestic markets in South Carolina. Its deposits are insured by the Federal Deposit Insurance Corporation (FDIC). The Company mainly offers loans to individuals and small businesses for a range of personal and commercial purposes, mainly in South Carolina and North Carolina. It also provides a range of services, including personal banking, business banking, treasury services, and online and mobile banking, etc.
45GF Score

Get the complete analysis for FSRL

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

$19.80
Price
$11.61
GF Value