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CrossFirst Bankshares (CrossFirst Bankshares) PB Ratio : 0.94 (As of May. 18, 2024)


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What is CrossFirst Bankshares 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 (2024-05-18), CrossFirst Bankshares's share price is $13.59. CrossFirst Bankshares's Book Value per Share for the quarter that ended in Mar. 2024 was $14.47. Hence, CrossFirst Bankshares's PB Ratio of today is 0.94.

The historical rank and industry rank for CrossFirst Bankshares's PB Ratio or its related term are showing as below:

CFB' s PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.04   Max: 1.5
Current: 0.94

During the past 7 years, CrossFirst Bankshares's highest PB Ratio was 1.50. The lowest was 0.60. And the median was 1.04.

CFB's PB Ratio is ranked worse than
54.63% of 1457 companies
in the Banks industry
Industry Median: 0.86 vs CFB: 0.94

During the past 12 months, CrossFirst Bankshares's average Book Value Per Share Growth Rate was 9.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.00% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of CrossFirst Bankshares was 29.10% per year. The lowest was 2.80% per year. And the median was 8.60% per year.

Back to Basics: PB Ratio


CrossFirst Bankshares PB Ratio Historical Data

The historical data trend for CrossFirst Bankshares'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.

CrossFirst Bankshares PB Ratio Chart

CrossFirst Bankshares Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 1.25 0.89 1.18 0.99 0.95

CrossFirst Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB 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 0.79 0.75 0.77 0.95 0.96

Competitive Comparison of CrossFirst Bankshares's PB Ratio

For the Banks - Regional subindustry, CrossFirst Bankshares'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.


CrossFirst Bankshares's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where CrossFirst Bankshares's PB Ratio falls into.



CrossFirst Bankshares 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.

CrossFirst Bankshares's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=13.59/14.473
=0.94

* 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.


CrossFirst Bankshares  (NAS:CFB) 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.


CrossFirst Bankshares PB Ratio Related Terms

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


CrossFirst Bankshares (CrossFirst Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
11440 Tomahawk Creek Parkway, Leawood, KS, USA, 66211
CrossFirst Bankshares Inc is engaged in providing banking and financial services to businesses, business owners, professionals, and professional networks. The services offered by the company include Checking accounts, Savings accounts, Personal Loans, International Banking, Business Loans, and Treasury services. The company generates revenue from interest income and fees on loans and interest earned from its marketable securities portfolio.
Executives
Hansen George E. Iii director 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Michael Kent Robinson director 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
James W. Kuykendall director 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Michael John Daley officer: Chief Accounting Officer 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Jennifer M Payne officer: Chief Risk Officer 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Mason King director 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
George Bruce director 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Lance Humphreys director 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Benjamin R Clouse officer: CFO 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Amy C. Abrams officer: General Counsel & Corp Sec 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Jana Merfen officer: CHIEF TECHNOLOGY OFFICER 11440 TOMAHAWK CREEK PKWY, LEAWOOD KS 66211
Mike Maddox director 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
David L. O'toole director, officer: CFO and Investment Officer 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Jones George F Jr director, officer: President and CEO 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Steve M Peterson officer: Chief Banking Officer 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211