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First Financial Bankshares (First Financial Bankshares) Median PS Value

: $32.36 (As of Today)
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This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. First Financial Bankshares's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $3.343. First Financial Bankshares's 10-Year median PS Ratio is 9.6799. Therefore, the Median PS Value for today is $32.36.

As of today (2024-04-18), First Financial Bankshares's share price is $28.80. First Financial Bankshares's Median PS Value is $32.36. Therefore, First Financial Bankshares's Price to Median PS Value for today is 0.89.

The historical rank and industry rank for First Financial Bankshares's Median PS Value or its related term are showing as below:

FFIN' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.88   Med: 1.37   Max: 1.61
Current: 0.89

During the past 13 years, the highest Price to Median PS Value of First Financial Bankshares was 1.61. The lowest was 0.88. And the median was 1.37.

FFIN's Price-to-Median-PS-Value is ranked worse than
56.44% of 955 companies
in the Banks industry
Industry Median: 0.83 vs FFIN: 0.89

First Financial Bankshares Median PS Value Historical Data

The historical data trend for First Financial Bankshares's Median PS 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.

* Premium members only.

First Financial Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.47 28.49 32.23 34.94 32.36

First Financial Bankshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Median PS Value 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 Premium Member Only Premium Member Only Premium Member Only 34.94 34.72 34.03 33.21 32.36

Competitive Comparison

For the Banks - Regional subindustry, First Financial Bankshares's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-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.


First Financial Bankshares Price-to-Median-PS-Value Distribution

For the Banks industry and Financial Services sector, First Financial Bankshares's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where First Financial Bankshares's Price-to-Median-PS-Value falls into.



First Financial Bankshares Median PS Value Calculation

First Financial Bankshares's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=3.343*9.6799
=32.36

10-Year Median PS Ratio is 9.6799.
First Financial Bankshares's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.343.

* 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 Financial Bankshares  (NAS:FFIN) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

First Financial Bankshares's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=28.80/32.36
=0.89

* 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 Financial Bankshares Median PS Value Related Terms

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First Financial Bankshares (First Financial Bankshares) Business Description

Traded in Other Exchanges
Address
400 Pine Street, Abilene, TX, USA, 79601
First Financial Bankshares Inc is a financial and bank holding company. The company operates one line of business (community banking) located in a single geographic area (Texas). The company conducts a full-service commercial banking business through its subsidiaries. The loan portfolio segments of the company include Commercial and Industrial, Municipal, Agricultural, Construction and Development, Farm, Non-Owner Occupied and Owner Occupied Commercial Real Estate, Residential, Consumer Auto and Consumer Non-Auto.
Executives
Michelle S Hickox officer: EVP/CFO 1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
Nickles Robert Clark Jr director 24503 OLD WINDMILL TRAIL, HOCKLEY TX 77447
Johnny Trotter director 400 PINE STREET, C/O FIRST FINANCIAL BANKSHARES, ABILENE TX 79601
Murray Hamilton Edwards director 5423 FM 3217, CLYDE TX 79510
Michael B. Denny director 1202 ELMWOOD DRIVE, ABILENE TX 79605
Anthony April Kaye Bullock director 3606 PRINCETON AVENUE, DALLAS TX 75205
F Scott Dueser director 400 PINE ST, ABILENE TX 79601
Kade Matthews director 400 PINE STREET, C/O FIRST FINANCIAL BANKSHARES, ABILENE TX 79601
Eli Jones director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
David William Bailey officer: EVP, Commercial Banking P.O. BOX 1581, EASTLAND TX 76448
David L Copeland director PO BOX 2791, ABILENE TX 79604
Tucker S Bridwell director 400 PINE STE 1000, ABILENE TX 79601
James R Gordon officer: EVP-CFO 104 SOUTH MAIN STREET, GREENVILLE SC 29601
Vianei Lopez Braun director 801 CHERRY STREET, SUITE 2000, FT WORTH TX 76102
Ronald N Giddiens director 5808 PECAN VALLEY, SAN ANGELO TX 76904-9531