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Southern First Bancshares (Southern First Bancshares) PB Ratio : 0.70 (As of Apr. 27, 2024)


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What is Southern First Bancshares 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 (2024-04-27), Southern First Bancshares's share price is $27.18. Southern First Bancshares's Book Value per Share for the quarter that ended in Dec. 2023 was $38.72. Hence, Southern First Bancshares's PB Ratio of today is 0.70.

The historical rank and industry rank for Southern First Bancshares's PB Ratio or its related term are showing as below:

SFST' s PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.44   Max: 2.28
Current: 0.7

During the past 13 years, Southern First Bancshares's highest PB Ratio was 2.28. The lowest was 0.59. And the median was 1.44.

SFST's PB Ratio is ranked better than
66.67% of 1458 companies
in the Banks industry
Industry Median: 0.85 vs SFST: 0.70

During the past 12 months, Southern First Bancshares's average Book Value Per Share Growth Rate was 5.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Southern First Bancshares was 26.00% per year. The lowest was 1.50% per year. And the median was 10.50% per year.

Back to Basics: PB Ratio


Southern First Bancshares PB Ratio Historical Data

The historical data trend for Southern First Bancshares'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.

Southern First Bancshares PB Ratio Chart

Southern First Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.58 1.20 1.78 1.24 0.96

Southern First Bancshares 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 0.83 0.66 0.72 0.96 0.82

Competitive Comparison of Southern First Bancshares's PB Ratio

For the Banks - Regional subindustry, Southern First Bancshares'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.


Southern First Bancshares's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Southern First Bancshares's PB Ratio falls into.



Southern First Bancshares 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.

Southern First Bancshares's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=27.18/38.72
=0.70

* 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.


Southern First Bancshares  (NAS:SFST) 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.


Southern First Bancshares PB Ratio Related Terms

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


Southern First Bancshares (Southern First Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
6 Verdae Boulevard, Greenville, SC, USA, 29607
Southern First Bancshares Inc is a bank holding company. The primary business of the company is to serve as the holding company for Southern First Bank. The Bank is engaged in the business of accepting demand deposits and savings deposits insured by the Federal Deposit Insurance Corp and providing commercial, consumer, and mortgage loans to the general public. The operating segments of the company are Commercial and Retail Banking, Mortgage Banking, and Corporate Operations, of which a majority of the revenue is derived from the Commercial and Retail Banking segment which includes the provision of traditional deposit and lending products and services to its commercial and retail banking clients.
Executives
David G Ellison director P.O. BOX 17465, GREENVILLE SC 29606
Anna T Locke director P.O. BOX 17465, GREENVILLE SC 29606
David Andrew Borrmann officer: Chief Financial Officer P.O. BOX 17465, GREENVILLE SC 29606
Silvia T King officer: EVP, Chief Human Resource Off P.O. BOX 17465, GREENVILLE SC 29606
Tecumseh Jr Hooper director
Calvin C Hurst officer: Chief Banking Officer P.O. BOX 17465, GREENVILLE SC 29606
Seaver R Arthur Jr officer: Chief Executive Officer P.O. BOX 17465, GREENVILLE SC 29606
Aiken William M. Iii officer: Chief Risk Officer PO BOX 17465, GREENVILLE SC 29606
Mark A Cothran director
Terry Grayson-caprio director P.O. BOX 17465, GREENVILLE SC 29606
Anne S Ellefson director
Ray Lattimore director P.O. BOX 17465, GREENVILLE SC 29606
William Iv Maner director P.O. BOX 17465, GREENVILLE SC 29606
Michael D Dowling officer: Executive Vice President, CFO P.O. BOX 17465, GREENVILLE SC 29606
Leighton M Cubbage director P.O. BOX 17465, GREENVILLE SC 29606