Choiceone Financial Services price to book ratio COFS

Market value divided by the book value of the company's net assets, since 2011.

Today, Oct 23, 2026: 1.1×
10-year median: 1.0×
Against its 10-year history: 57th; percentile: 0 is its lowest day, 100 its highest
10-year range: 0.7× to 2.9×
Peer median: 1.5×

Choiceone Financial Services' price to book ratio is 1.1× as of Oct 23, 2026.

That is above its ten-year median of 1.0×, close to the middle of its last ten years.

Over that time it ranged from 0.7× in Oct 2023 to 2.9× in Feb 2020.

The median for 10 regional banks of a similar size is 1.5×.

Price to book ratio over time

median 1×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	1.1×	0.9×	1.1×
2025	1.0×	0.9×	1.3×
2024	1.3×	0.9×	1.5×
2023	1.2×	0.7×	1.4×
2022	1.4×	0.8×	1.4×
2021	0.9×	0.8×	1.1×
2020	1.1×	0.7×	2.9×
2019	2.7×	1.1×	2.8×
2018	1.2×	1.0×	1.4×
2017	1.0×	0.9×	1.0×
2016	1.0×	0.9×	1.0×
2015	1.0×	1.0×	1.1×
2014	1.0×	0.8×	1.1×
2013	0.8×	0.7×	0.8×
2012	0.7×	0.6×	0.8×
2011	0.6×	0.6×	0.7×

Against its peers

Companies in Banks - Regional nearest Choiceone Financial Services' size, closest first, today.

Company	Price to book ratio
COFSChoiceone Financial Services	1.1×
OBTOrange County Bancorp	1.7×
WTBAWest Bancorporation	1.8×
FMAOFarmers & Merchants Bancorp	1.3×
PDLBPonce Financial	0.9×
NRIMNorthrim Bancorp	1.5×
NPBNorthpointe Bancshares	0.9×
BWFGBankwell Financial	1.7×
BSRRSierra Bancorp	1.5×
HBCPHome Bancorp	1.1×
BSVNBank7	2.1×
Peer median	1.5×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Choiceone Financial Services

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.