Mackinac Financial (Mackinac Financial) Price-to-Tangible-Book : 1.53 (As of May. 04, 2024)

Mackinac Financial Price-to-Tangible-Book Chart

Mackinac Financial Annual Data
	Trend	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20
Price-to-Tangible-Book		Get a 7-Day Free Trial					1.19	1.36	1.18	1.37	0.93

Mackinac Financial Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.78	0.72	0.93	1.01	1.41

Competitive Comparison of Mackinac Financial's Price-to-Tangible-Book

For the Banks - Regional subindustry, Mackinac Financial's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Mackinac Financial's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mackinac Financial's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Mackinac Financial's Price-to-Tangible-Book falls into.

Mackinac Financial Price-to-Tangible-Book Calculation

Mackinac Financial's price-to-tangible-book ratio for today is calculated as:

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Mackinac Financial Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Mackinac Financial's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Mackinac Financial (Mackinac Financial) Business Description