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Marquette National (Marquette National) Cyclically Adjusted Book per Share : $39.61 (As of Mar. 2024)


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What is Marquette National Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 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.

During the past 12 months, Marquette National's average Cyclically Adjusted Book Growth Rate was 3.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-16), Marquette National's current stock 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 of today is 0.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Marquette National was 0.87. The lowest was 0.64. And the median was 0.71.


Marquette National Cyclically Adjusted Book per Share Historical Data

The historical data trend for Marquette National's Cyclically Adjusted Book per Share 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 Book per Share Chart

Marquette National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 37.59 38.81

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 Book per Share 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 38.34 38.82 39.00 38.81 39.61

Competitive Comparison of Marquette National's Cyclically Adjusted Book per Share

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 Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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.


Marquette National  (OTCPK:MNAT) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Cyclically Adjusted PB Ratio of 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Marquette National was 0.87. The lowest was 0.64. And the median was 0.71.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Marquette National Cyclically Adjusted Book per Share Related Terms

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


Marquette National (Marquette National) Business Description

Industry
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.