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Marquette National (Marquette National) Cyclically Adjusted PB Ratio : 0.67 (As of May. 15, 2024)


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What is Marquette National Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Marquette National's current share price is $26.50. Marquette National's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $39.61. Marquette National's Cyclically Adjusted PB Ratio for today is 0.67.

The historical rank and industry rank for Marquette National's Cyclically Adjusted PB Ratio or its related term are showing as below:

MNAT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.71   Max: 0.87
Current: 0.67

During the past years, Marquette National's highest Cyclically Adjusted PB Ratio was 0.87. The lowest was 0.64. And the median was 0.71.

MNAT's Cyclically Adjusted PB Ratio is ranked better than
71.81% of 1185 companies
in the Banks industry
Industry Median: 0.93 vs MNAT: 0.67

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Marquette National's adjusted book value per share data for the three months ended in Mar. 2024 was $38.148. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $39.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marquette National Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Marquette National's Cyclically Adjusted 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.

Marquette National Cyclically Adjusted PB Ratio Chart

Marquette National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.74 0.70

Marquette National Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted 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 0.78 0.76 0.71 0.70 0.68

Competitive Comparison of Marquette National's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Marquette National's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Marquette National's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Marquette National's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Marquette National's Cyclically Adjusted PB Ratio falls into.



Marquette National Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Marquette National's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.50/39.61
=0.67

* 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.

Marquette National's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Marquette National's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=38.148/129.4194*129.4194
=38.148

Current CPI (Mar. 2024) = 129.4194.

Marquette National Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.751 100.560 2.254
201409 28.328 100.428 36.506
201412 28.892 99.070 37.743
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 29.323 100.392 37.802
201512 29.295 99.792 37.992
201603 29.993 100.470 38.635
201606 30.387 101.688 38.674
201609 0.000 101.861 0.000
201612 30.338 101.863 38.545
201703 30.868 102.862 38.838
201706 31.311 103.349 39.209
201709 32.164 104.136 39.973
201712 32.505 104.011 40.445
201803 32.975 105.290 40.532
201806 33.703 106.317 41.027
201809 34.245 106.507 41.612
201812 34.097 105.998 41.631
201903 35.191 107.251 42.465
201906 36.199 108.070 43.350
201909 36.762 108.329 43.919
201912 37.349 108.420 44.583
202003 37.118 108.902 44.111
202006 39.255 108.767 46.709
202009 40.853 109.815 48.146
202012 42.330 109.897 49.850
202103 41.418 111.754 47.965
202106 43.291 114.631 48.876
202109 43.082 115.734 48.176
202112 42.875 117.630 47.172
202203 37.891 121.301 40.427
202206 34.168 125.017 35.371
202209 31.128 125.227 32.170
202212 31.924 125.222 32.994
202303 34.409 127.348 34.969
202306 34.680 128.729 34.866
202309 33.314 129.860 33.201
202312 36.721 129.419 36.721
202403 38.148 129.419 38.148

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Marquette National  (OTCPK:MNAT) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Marquette National Cyclically Adjusted PB Ratio Related Terms

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


Marquette National (Marquette National) Business Description

Traded in Other Exchanges
N/A
Address
6316 South Western Avenue, Chicago, IL, USA, 60636-2491
Marquette National Corp is a banking corporation operating in the United States. It provides services like savings and personal checking accounts, money market accounts, individual retirement accounts, certificates of deposit, debit and credit cards, safe deposit boxes, treasury solutions, commercial loans, loans and advances, mobile banking, and online banking.

Marquette National (Marquette National) Headlines