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Merchants & Marine Bancorp (Merchants & Marine Bancorp) Cyclically Adjusted PB Ratio : 0.70 (As of May. 22, 2024)


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What is Merchants & Marine Bancorp Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Merchants & Marine Bancorp's current share price is $44.50. Merchants & Marine Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $63.22. Merchants & Marine Bancorp's Cyclically Adjusted PB Ratio for today is 0.70.

The historical rank and industry rank for Merchants & Marine Bancorp's Cyclically Adjusted PB Ratio or its related term are showing as below:

MNMB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.7   Max: 0.83
Current: 0.7

During the past years, Merchants & Marine Bancorp's highest Cyclically Adjusted PB Ratio was 0.83. The lowest was 0.60. And the median was 0.70.

MNMB's Cyclically Adjusted PB Ratio is ranked better than
68.37% of 1192 companies
in the Banks industry
Industry Median: 0.93 vs MNMB: 0.70

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.

Merchants & Marine Bancorp's adjusted book value per share data for the three months ended in Mar. 2024 was $54.506. 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 $63.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Merchants & Marine Bancorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Merchants & Marine Bancorp'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.

Merchants & Marine Bancorp Cyclically Adjusted PB Ratio Chart

Merchants & Marine Bancorp Annual Data
Trend Dec10 Dec11 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.68 0.69 0.65 0.76

Merchants & Marine Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.65 0.65 0.60 0.76 0.74

Competitive Comparison of Merchants & Marine Bancorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Merchants & Marine Bancorp'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.


Merchants & Marine Bancorp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Merchants & Marine Bancorp's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Merchants & Marine Bancorp's Cyclically Adjusted PB Ratio falls into.



Merchants & Marine Bancorp 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.

Merchants & Marine Bancorp's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=44.50/63.22
=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.

Merchants & Marine Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Merchants & Marine Bancorp'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)
=54.506/131.7762*131.7762
=54.506

Current CPI (Mar. 2024) = 131.7762.

Merchants & Marine Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201103 39.623 94.283 55.380
201106 42.118 95.235 58.279
201109 42.638 95.727 58.695
201112 41.074 95.213 56.847
201203 41.072 96.783 55.922
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 51.104 101.863 66.111
201703 50.582 102.862 64.800
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 52.962 104.011 67.100
201803 50.425 105.290 63.110
201806 50.809 106.317 62.976
201809 50.868 106.507 62.937
201812 53.598 105.998 66.633
201903 53.392 107.251 65.602
201906 54.941 108.070 66.993
201909 55.738 108.329 67.802
201912 58.250 108.420 70.798
202003 57.488 108.902 69.563
202006 59.437 108.767 72.010
202009 59.762 109.815 71.713
202012 61.498 109.897 73.742
202103 60.704 111.754 71.580
202106 61.663 114.631 70.886
202109 61.628 115.734 70.170
202112 61.720 117.630 69.143
202203 57.385 121.301 62.341
202206 54.330 125.017 57.268
202209 51.718 125.227 54.423
202212 52.841 125.222 55.607
202303 50.744 127.348 52.509
202306 50.321 128.729 51.512
202312 54.990 129.419 55.991
202403 54.506 131.776 54.506

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.


Merchants & Marine Bancorp  (OTCPK:MNMB) 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.


Merchants & Marine Bancorp Cyclically Adjusted PB Ratio Related Terms

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


Merchants & Marine Bancorp (Merchants & Marine Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
3118 Pascagoula Street, Pascagoula, MS, USA, 39567
Merchants & Marine Bancorp Inc provides full-service financial banking services to individuals, partnerships, corporations, and governmental agencies. Its deposit products include checking accounts, savings accounts, individual retirement accounts, and certificates of deposit. The bank generates commercial, mortgage, and consumer loans and receives deposits from customers located in Jackson and George Counties in Mississippi and Baldwin County in Alabama.
Executives
Elise Bourgeois officer: Sr VP 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Martin Regan officer: Senior VP 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
John F Grafe director 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
James M Wheat officer: Senior Vice President 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Moore Paul H Sr other: Honorary Director 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Hammond Frank J Iii director 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
St Pe Gerald J director 270 PEACHTREE ST NW BIN 910, ATLANTA GA 30303
O Linwood Grierson officer: Senior Vice President - Securi 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Gregory Todd Trenchard officer: Senior Vice President 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Royce Cumbest director, officer: President, Ch of Bd & CEO 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Jerry L Lee other: Honorary Director 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Lynda J Gautier director 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Fox Clarence Henry Jr. officer: Senior Vice President 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Herman E Smith officer: Senior Vice President 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Scott B Lemon other: Advisor 3118 PASCAGOULA STREET, PASCAGOULA MS 39567

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