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First Financial Bankshares (First Financial Bankshares) GF Value Rank : 10 (As of Apr. 27, 2024)


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What is First Financial Bankshares GF Value Rank?

First Financial Bankshares has the GF Value Rank of 10.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of First Financial Bankshares's GF Value Rank

For the Banks - Regional subindustry, First Financial Bankshares's GF Value Rank, along with its competitors' market caps and GF Value Rank 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's GF Value Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Financial Bankshares's GF Value Rank distribution charts can be found below:

* The bar in red indicates where First Financial Bankshares's GF Value Rank falls into.



First Financial Bankshares GF Value Rank Related Terms

Thank you for viewing the detailed overview of First Financial Bankshares's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


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