What is the P/B ratio for BayFirst Financial Corp. (BAFN)?

The P/B ratio for BAFN stock is 1.24.

What is the estimated TTM average P/B ratio for BayFirst Financial Corp. (BAFN)?

The estimated TTM average P/B ratio for BAFN stock is 0.39.

What is the estimated 3Y average P/B ratio for BayFirst Financial Corp. (BAFN)?

The estimated 3Y average P/B ratio for BAFN stock is 0.55.

What is the estimated 5Y average P/B ratio for BayFirst Financial Corp. (BAFN)?

The estimated 5Y average P/B ratio for BAFN stock is 0.68.

BayFirst Financial (BAFN) Price/Book Ratio: History & Chart

Basis: FMP quote market capitalization / book value attributable to common shareholders (matching reported total stockholders equity minus preferred stock). Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/B ratio high or low?

The P/B ratio of 1.24 is 83% above its estimated 5-year average of 0.68, near the high end of its estimated 5-year range (0.28–1.57).

As of 2026-10-06T13:30:40.901Z. 218.25% above its estimated 12-month average of 0.39.

Stored calculation inputs

Calculation as of: 2026-10-06T13:30:40.901Z.

Quote observation: 2026-10-05T20:00:01.000Z. Amounts in USD. The price header may show a later quote.

Quote market capitalization: 31,828,553
Total stockholders equity · period ending 2026-06-30: 115,947,000
Preferred stock · period ending 2026-06-30: 90,284,000
Book value attributable to common shareholders · period ending 2026-06-30: 25,663,000

FMP input reference: 11134912ccffbce34cb0bda28cda1f48a18bfad48c01131a46b58498fdd82203

P/E Ratio|ROE|Debt to Equity|All Metrics

BAFN PB Ratio Metrics

PB RATIO

1.24

PB RATIO AVG TTM

0.39

PB RATIO AVG 3Y

0.55

PB RATIO AVG 5Y

0.68

PB RATIO AVG 10Y

N/A

PB RATIO AVG 15Y

N/A

PB RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+218.25%

CURRENT VS 3Y AVG

+124.99%

CURRENT VS 5Y AVG

+82.52%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · FINANCIAL SERVICES

1.33

median of 410 covered companies

CURRENT VS SECTOR MEDIAN

-6.42%

vs the sector median at left

BAFN Competitors' PB Ratio

BAFN

BayFirst Financial Corp.

Current

Market Cap

$31.83M

PB Ratio

1.24

TTM Avg

0.39

3Y Avg

0.55

5Y Avg

0.68

FGC

FG Communities Holdings Inc.

vs BAFN

Market Cap

$32.58M

PB Ratio

N/A

TTM Avg

N/A

3Y Avg

N/A

5Y Avg

N/A

FLD

Fold Holdings, Inc.

vs BAFN

Market Cap

$28.90M

PB Ratio

0.92

TTM Avg

1.09

3Y Avg

1.54

5Y Avg

1.54

GROW

U.S. Global Investors, Inc.

vs BAFN

Market Cap

$36.90M

PB Ratio

0.82

TTM Avg

0.78

3Y Avg

0.74

5Y Avg

0.86

GRAN

Grande Group Limited Class A Ordinary Shares

vs BAFN

Market Cap

$23.37M

PB Ratio

25.26

TTM Avg

37.78

3Y Avg

37.78

5Y Avg

37.78

AAME

Atlantic American Corporation

vs BAFN

Market Cap

$25.70M

PB Ratio

0.23

TTM Avg

0.45

3Y Avg

0.42

5Y Avg

0.45

ASPC

A SPAC III Acquisition Corp.

vs BAFN

Market Cap

$25.27M

PB Ratio

60.59

TTM Avg

57.74

3Y Avg

45.89

5Y Avg

45.89

KG

Kestrel Group Ltd

vs BAFN

Market Cap

$38.42M

PB Ratio

0.34

TTM Avg

0.64

3Y Avg

0.66

5Y Avg

0.66

AFJK

Aimei Health Technology Co., Ltd

vs BAFN

Market Cap

$38.69M

PB Ratio

4.83

TTM Avg

4.95

3Y Avg

2.99

5Y Avg

2.99

BLNE

Beeline Holdings Inc.

vs BAFN

Market Cap

$24.52M

PB Ratio

0.49

TTM Avg

0.45

3Y Avg

0.44

5Y Avg

0.73

NAME	MARKET CAP	PB RATIO	TTM	3Y	5Y
BayFirst Financial Corp. (BAFN)	$31.83M	1.24	0.39	0.55	0.68
FG Communities Holdings Inc. (FGC)vs ›	$32.58M	N/A	N/A	N/A	N/A
Fold Holdings, Inc. (FLD)vs ›	$28.90M	0.92	1.09	1.54	1.54
U.S. Global Investors, Inc. (GROW)vs ›	$36.90M	0.82	0.78	0.74	0.86
Grande Group Limited Class A Ordinary Shares (GRAN)vs ›	$23.37M	25.26	37.78	37.78	37.78
Atlantic American Corporation (AAME)vs ›	$25.70M	0.23	0.45	0.42	0.45
A SPAC III Acquisition Corp. (ASPC)vs ›	$25.27M	60.59	57.74	45.89	45.89
Kestrel Group Ltd (KG)vs ›	$38.42M	0.34	0.64	0.66	0.66
Aimei Health Technology Co., Ltd (AFJK)vs ›	$38.69M	4.83	4.95	2.99	2.99
Beeline Holdings Inc. (BLNE)vs ›	$24.52M	0.49	0.45	0.44	0.73

Book Value Analysis

P/B Ratio

1.24

Market Price / Book Value per Share

PB Ratio Formula & Definition

PB Ratio = Market Cap / (Total Shareholders' Equity − Preferred Stock)

The price-to-book ratio compares market capitalization to book value attributable to common shareholders (total equity minus preferred stock). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PB Ratio FAQ

What is the P/B ratio for BayFirst Financial Corp. (BAFN)?: The P/B ratio for BAFN stock is 1.24.
Is BayFirst Financial Corp.'s P/B ratio high or low?: The P/B ratio of 1.24 is 83% above its estimated 5-year average of 0.68, near the high end of its estimated 5-year range (0.28–1.57).
What is the estimated TTM average P/B ratio for BayFirst Financial Corp. (BAFN)?: The estimated TTM average P/B ratio for BAFN stock is 0.39.
What is the estimated 3Y average P/B ratio for BayFirst Financial Corp. (BAFN)?: The estimated 3Y average P/B ratio for BAFN stock is 0.55.
What is the estimated 5Y average P/B ratio for BayFirst Financial Corp. (BAFN)?: The estimated 5Y average P/B ratio for BAFN stock is 0.68.

BAFN PB Ratio History

DATE	PB RATIO
2026-10-05	1.24
2026-10-02	1.24
2026-10-01	1.17
2026-09-30	1.09
2026-09-29	1.15
2026-09-28	1.03
2026-09-25	1.09
2026-09-24	1.14
2026-09-23	1.33
2026-09-22	1.43
2026-09-21	1.45
2026-09-18	1.48
2026-09-17	1.44
2026-09-16	1.47
2026-09-15	1.39
2026-09-14	1.41
2026-09-11	1.40
2026-09-10	1.31
2026-09-09	1.19
2026-09-08	1.21
2026-09-04	1.09
2026-09-03	1.15
2026-09-02	1.15
2026-09-01	1.14
2026-08-31	1.04
2026-08-28	1.06
2026-08-27	1.08
2026-08-26	1.16
2026-08-25	1.18
2026-08-24	1.22
2026-08-21	1.17
2026-08-20	1.18
2026-08-19	1.09
2026-08-18	1.05
2026-08-17	0.97
2026-08-14	0.40
2026-08-13	0.40
2026-08-12	0.39
2026-08-11	0.39
2026-08-10	0.39
2026-08-07	0.39
2026-08-06	0.42
2026-08-05	0.39
2026-08-04	0.38
2026-08-03	0.39
2026-07-31	0.41
2026-07-30	0.38
2026-07-29	0.38
2026-07-28	0.38
2026-07-27	0.38
2026-07-24	0.37
2026-07-23	0.36
2026-07-22	0.36
2026-07-21	0.35
2026-07-20	0.35
2026-07-17	0.35
2026-07-16	0.36
2026-07-15	0.35
2026-07-14	0.34
2026-07-13	0.33
2026-07-10	0.34
2026-07-09	0.35
2026-07-08	0.34
2026-07-07	0.33
2026-07-06	0.34
2026-07-02	0.33
2026-07-01	0.32
2026-06-30	0.31
2026-06-29	0.30
2026-06-26	0.31
2026-06-25	0.29
2026-06-24	0.28
2026-06-23	0.29
2026-06-22	0.30
2026-06-18	0.31
2026-06-17	0.31
2026-06-16	0.31
2026-06-15	0.31
2026-06-12	0.31
2026-06-11	0.33
2026-06-10	0.35
2026-06-09	0.35
2026-06-08	0.34
2026-06-05	0.33
2026-06-04	0.34
2026-06-03	0.35
2026-06-02	0.36
2026-06-01	0.37
2026-05-29	0.38
2026-05-28	0.38
2026-05-27	0.39
2026-05-26	0.39
2026-05-22	0.40
2026-05-21	0.38
2026-05-20	0.38
2026-05-19	0.38
2026-05-18	0.39
2026-05-15	0.40
2026-05-14	0.40
2026-05-13	0.42
2026-05-12	0.40
2026-05-11	0.38
2026-05-08	0.40
2026-05-07	0.41
2026-05-06	0.41
2026-05-05	0.42
2026-05-04	0.39
2026-05-01	0.37
2026-04-30	0.48
2026-04-29	0.46
2026-04-28	0.46
2026-04-27	0.47
2026-04-24	0.46
2026-04-23	0.48
2026-04-22	0.49
2026-04-21	0.46
2026-04-20	0.45
2026-04-17	0.45
2026-04-16	0.43
2026-04-15	0.43
2026-04-14	0.42
2026-04-13	0.41
2026-04-10	0.40
2026-04-09	0.39
2026-04-08	0.39
2026-04-07	0.38
2026-04-06	0.39
2026-04-02	0.39
2026-04-01	0.37
2026-03-31	0.37
2026-03-30	0.35
2026-03-27	0.35
2026-03-26	0.36
2026-03-25	0.35
2026-03-24	0.34
2026-03-23	0.33
2026-03-20	0.33
2026-03-19	0.33
2026-03-18	0.32
2026-03-17	0.34
2026-03-16	0.30
2026-03-13	0.31
2026-03-12	0.33
2026-03-11	0.31
2026-03-10	0.33
2026-03-09	0.32
2026-03-06	0.35
2026-03-05	0.35
2026-03-04	0.36
2026-03-03	0.35
2026-03-02	0.37
2026-02-27	0.37
2026-02-26	0.39
2026-02-25	0.40
2026-02-24	0.37
2026-02-23	0.38
2026-02-20	0.38
2026-02-19	0.39
2026-02-18	0.39
2026-02-17	0.40
2026-02-13	0.42
2026-02-12	0.41
2026-02-11	0.39
2026-02-10	0.39
2026-02-09	0.41
2026-02-06	0.38
2026-02-05	0.36
2026-02-04	0.37
2026-02-03	0.37
2026-02-02	0.37
2026-01-30	0.38
2026-01-29	0.36
2026-01-28	0.38
2026-01-27	0.38
2026-01-26	0.38
2026-01-23	0.37
2026-01-22	0.38
2026-01-21	0.37
2026-01-20	0.34
2026-01-16	0.34
2026-01-15	0.34
2026-01-14	0.34
2026-01-13	0.35
2026-01-12	0.38
2026-01-09	0.41
2026-01-08	0.42
2026-01-07	0.43
2026-01-06	0.43
2026-01-05	0.45
2026-01-02	0.44
2025-12-31	0.44
2025-12-30	0.43
2025-12-29	0.43
2025-12-26	0.44
2025-12-24	0.44
2025-12-23	0.44
2025-12-22	0.44
2025-12-19	0.44
2025-12-18	0.44
2025-12-17	0.44
2025-12-16	0.44
2025-12-15	0.45
2025-12-12	0.45
2025-12-11	0.45
2025-12-10	0.45
2025-12-09	0.44
2025-12-08	0.44
2025-12-05	0.45
2025-12-04	0.44
2025-12-03	0.44
2025-12-02	0.44
2025-12-01	0.44
2025-11-28	0.44
2025-11-26	0.44
2025-11-25	0.45
2025-11-24	0.45
2025-11-21	0.44
2025-11-20	0.44
2025-11-19	0.45
2025-11-18	0.45
2025-11-17	0.45
2025-11-14	0.47
2025-11-13	0.46
2025-11-12	0.37
2025-11-11	0.37
2025-11-10	0.37
2025-11-07	0.37
2025-11-06	0.37
2025-11-05	0.38
2025-11-04	0.39
2025-11-03	0.42
2025-10-31	0.40
2025-10-30	0.41
2025-10-29	0.43
2025-10-28	0.42
2025-10-27	0.42
2025-10-24	0.42
2025-10-23	0.42
2025-10-22	0.43
2025-10-21	0.43
2025-10-20	0.42
2025-10-17	0.43
2025-10-16	0.43
2025-10-15	0.43
2025-10-14	0.42
2025-10-13	0.41
2025-10-10	0.44
2025-10-09	0.45
2025-10-08	0.45
2025-10-07	0.46
2025-10-06	0.47
2025-10-03	0.46
2025-10-02	0.45
2025-10-01	0.45
2025-09-30	0.47
2025-09-29	0.46
2025-09-26	0.40
2025-09-25	0.38
2025-09-24	0.38
2025-09-23	0.38

Showing the most recent 260 of 1,494 data points. The chart above shows the full history.

PB Ratio: 1.24

BAFN PB Ratio Chart

BAFN Average PB Ratio Chart

BAFN Current vs Average PB Ratio Chart

BAFN PB Ratio Metrics

BAFN Competitors' PB Ratio

P/B vs. estimated history

Book Value Analysis

PB Ratio Formula & Definition

PB Ratio FAQ

BAFN PB Ratio History

Related Metrics