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Foresight Financial Group (Foresight Financial Group) PB Ratio : 0.71 (As of May. 01, 2024)


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What is Foresight Financial Group PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-01), Foresight Financial Group's share price is $28.15. Foresight Financial Group's Book Value per Share for the quarter that ended in Dec. 2023 was $39.44. Hence, Foresight Financial Group's PB Ratio of today is 0.71.

Good Sign:

Foresight Financial Group stock PB Ratio (=0.71) is close to 3-year low of 0.64

The historical rank and industry rank for Foresight Financial Group's PB Ratio or its related term are showing as below:

FGFH' s PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.78   Max: 1.14
Current: 0.71

During the past 10 years, Foresight Financial Group's highest PB Ratio was 1.14. The lowest was 0.58. And the median was 0.78.

FGFH's PB Ratio is ranked better than
64.77% of 1459 companies
in the Banks industry
Industry Median: 0.85 vs FGFH: 0.71

During the past 12 months, Foresight Financial Group's average Book Value Per Share Growth Rate was 10.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.80% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Foresight Financial Group was 37.60% per year. The lowest was -1.90% per year. And the median was 9.10% per year.

Back to Basics: PB Ratio


Foresight Financial Group PB Ratio Historical Data

The historical data trend for Foresight Financial Group's PB 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.

* Premium members only.

Foresight Financial Group PB Ratio Chart

Foresight Financial Group Annual Data
Trend Dec04 Dec05 Dec06 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.73 0.78 0.77 0.61

Foresight Financial Group Semi-Annual Data
Dec04 Dec05 Dec06 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.73 0.78 0.77 0.61

Competitive Comparison of Foresight Financial Group's PB Ratio

For the Banks - Regional subindustry, Foresight Financial Group's PB Ratio, along with its competitors' market caps and PB 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.


Foresight Financial Group's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Foresight Financial Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Foresight Financial Group's PB Ratio falls into.



Foresight Financial Group PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Foresight Financial Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=28.15/39.444
=0.71

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Foresight Financial Group  (OTCPK:FGFH) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Foresight Financial Group PB Ratio Related Terms

Thank you for viewing the detailed overview of Foresight Financial Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Foresight Financial Group (Foresight Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
809 Cannell-Puri Court, P.O. Box 339, Suite 5, Winnebago, IL, USA, 61088
Foresight Financial Group is a bank holding company. It is established under the Federal Reserve with offices in the Northern Illinois counties of Winnebago, Stephenson, and Kankakee. Holdings of the company include German American State Bank located in German Valley, Pecatonica, Seward, and Winnebago; State Bank of Davis located in Davis and Kankakee; State Bank located in Freeport; Lena State Bank located in Lena; Northwest Bank located in Rockford, Loves Park, and Machesney Park; and State Bank of Herscher located in Herscher and Kankakee.

Foresight Financial Group (Foresight Financial Group) Headlines

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