MNAT (Marquette National) Cyclically Adjusted PB Ratio: (As of Aug. 06, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MNAT Marquette National Corp MNAT
61 GF Score
Price $37.25
GF Value $28.78
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Marquette National Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


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


Marquette National Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

Marquette National Cyclically Adjusted PB Ratio Chart

Marquette National Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.67 0.67 0.75

Marquette National Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.74 0.72 0.75 0.73 0.00

MNAT vs SBFG, ENBP, BKUT: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


MNAT
61GF Score
Marquette National Corp MNAT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Marquette National's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=44.874/333.9520*333.9520
=44.874

Current CPI (Jun. 2026) = 333.9520.

Marquette National Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 30.338 241.432 41.964
201703 30.867 243.801 42.281
201706 31.310 244.955 42.686
201709 32.166 246.819 43.521
201712 32.507 246.524 44.035
201803 32.974 249.554 44.126
201806 33.707 251.989 44.671
201809 34.241 252.439 45.297
201812 34.098 251.233 45.325
201903 35.187 254.202 46.226
201906 36.201 256.143 47.198
201909 36.758 256.759 47.809
201912 37.349 256.974 48.537
202003 37.121 258.115 48.028
202006 39.258 257.797 50.855
202009 40.856 260.280 52.420
202012 42.326 260.474 54.266
202103 41.414 264.877 52.214
202106 43.290 271.696 53.209
202109 43.079 274.310 52.445
202112 42.876 278.802 51.357
202203 37.893 287.504 44.015
202206 34.169 296.311 38.510
202209 31.128 296.808 35.024
202212 31.927 296.797 35.924
202303 34.405 301.836 38.066
202306 34.677 305.109 37.955
202309 33.310 307.789 36.141
202312 36.724 306.746 39.981
202403 38.150 312.332 40.791
202406 38.970 314.175 41.423
202409 40.980 315.301 43.404
202412 39.748 315.605 42.059
202503 39.894 319.799 41.660
202506 42.431 322.561 43.929
202509 43.502 324.800 44.728
202512 44.870 324.054 46.241
202603 43.605 330.213 44.099
202606 44.874 333.952 44.874

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.

Is Marquette National (MNAT) Overvalued in 2026?

Based on GuruFocus' analysis, Marquette National stock appears to be overvalued. The current stock price of $37.25 is trading 29.4% above its estimated GF Value™ of $28.78. GuruFocus considers Marquette National to be Modestly Overvalued.

Key valuation signals for MNAT:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $28.78 vs. price of $37.25 (29.4% above fair value)
  • GF Score™: 61/100 with 4 warning signs

No single metric tells the full story. See the MNAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marquette National Business Description

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.
61GF Score

Get the complete analysis for MNAT

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$37.25
Price
$28.78
GF Value