MNAT (Marquette National) Cyclically Adjusted PB Ratio: 0.83 (As of Jul. 12, 2026) — 20% Above Median


MNAT Marquette National Corp MNAT
61 GF Score
Price $36.70
GF Value $28.52
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Marquette National Cyclically Adjusted PB Ratio?

Marquette National MNAT -0.63% 61 Cyclically Adjusted PB Ratio is 0.83 as of Jul. 12, 2026, which is 20% above its 10-year median of 0.69. GuruFocus rates MNAT with a GF Score™ of 61/100 and a GF Value™ of $28.52 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,303 Banks companies, Marquette National ranks better than 73.14% on this metric.

As of today (2026-07-12), Marquette National's current share price is $36.70. Marquette National's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $43.98. Marquette National's Cyclically Adjusted PB Ratio for today is 0.83.

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: 0.61   Med: 0.69   Max: 0.86
Current: 0.83

During the past years, Marquette National's highest Cyclically Adjusted PB Ratio was 0.86. The lowest was 0.61. And the median was 0.69.

MNAT's Cyclically Adjusted PB Ratio is ranked better than
73.14% of 1303 companies
in the Banks industry
Industry Median: 1.25 vs MNAT: 0.83

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. 2026 was $43.605. 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 $43.98 for the trailing ten years ended in Mar. 2026.

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
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.67 0.74 0.72 0.75 0.73

MNAT vs ENBP, EMYB, MSWV: 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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.70/43.98
=0.83

* 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. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=43.605/330.2130*330.2130
=43.605

Current CPI (Mar. 2026) = 330.2130.

Marquette National Quarterly Data

Book Value per Share CPI Adj_Book
201606 30.389 241.018 41.635
201609 0.000 241.428 0.000
201612 30.338 241.432 41.494
201703 30.867 243.801 41.807
201706 31.310 244.955 42.208
201709 32.166 246.819 43.034
201712 32.507 246.524 43.542
201803 32.974 249.554 43.632
201806 33.707 251.989 44.171
201809 34.241 252.439 44.790
201812 34.098 251.233 44.817
201903 35.187 254.202 45.709
201906 36.201 256.143 46.669
201909 36.758 256.759 47.274
201912 37.349 256.974 47.994
202003 37.121 258.115 47.490
202006 39.258 257.797 50.286
202009 40.856 260.280 51.833
202012 42.326 260.474 53.658
202103 41.414 264.877 51.629
202106 43.290 271.696 52.614
202109 43.079 274.310 51.858
202112 42.876 278.802 50.782
202203 37.893 287.504 43.522
202206 34.169 296.311 38.078
202209 31.128 296.808 34.631
202212 31.927 296.797 35.522
202303 34.405 301.836 37.640
202306 34.677 305.109 37.530
202309 33.310 307.789 35.737
202312 36.724 306.746 39.533
202403 38.150 312.332 40.334
202406 38.970 314.175 40.959
202409 40.980 315.301 42.918
202412 39.748 315.605 41.588
202503 39.894 319.799 41.193
202506 42.431 322.561 43.438
202509 43.502 324.800 44.227
202512 44.870 324.054 45.723
202603 43.605 330.213 43.605

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.

What does a Cyclically Adjusted PB Ratio of 0.83 mean?
Marquette National (MNAT) has a Cyclically Adjusted PB Ratio of 0.83 as of Jul. 12, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Marquette National and its competitors. This is 20% above median its historical median of 0.69. Over the past decade, Marquette National's Cyclically Adjusted PB Ratio has ranged from 0.61 to 0.86. According to the industry distribution chart, Marquette National ranks #350 out of 1303 companies in the Banks industry, placing it in the top 26.9%.
Is Marquette National's Cyclically Adjusted PB Ratio too high?
Marquette National's current Cyclically Adjusted PB Ratio of 0.83 is 20% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 0.86. The Banks industry median Cyclically Adjusted PB Ratio is 1.25. Marquette National's value of 0.83 is 33.6% below this industry median. Based on the distribution chart, Marquette National ranks #350 out of 1303 companies in the Banks industry, which is above the industry midpoint. Overall, Marquette National has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marquette National's Cyclically Adjusted PB Ratio compare to ENBP and EMYB?
According to the Banks industry distribution chart, Marquette National ranks #350 out of 1303 companies for Cyclically Adjusted PB Ratio. This puts Marquette National in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Marquette National's value of 0.83 is 33.6% below this benchmark. Historically, Marquette National's own Cyclically Adjusted PB Ratio has ranged from 0.61 to 0.86 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 1.25, Marquette National has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.25, based on 1,303 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marquette National's current Cyclically Adjusted PB Ratio of 0.83 is 33.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Marquette National and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marquette National's current Cyclically Adjusted PB Ratio is 0.83, which is 20% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marquette National stock overvalued right now?
Based on GuruFocus' analysis, Marquette National (MNAT) is currently considered Modestly Overvalued. The stock's GF Value™ is $28.52, compared to a current price of $36.70 — trading 28.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.83, which is 20% above median its 10-year median of 0.69 and 33.6% below the Banks industry median of 1.25. Marquette National's overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Marquette National (MNAT), the current Cyclically Adjusted PB Ratio is 0.83 as of Jul. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Marquette National (MNAT) Overvalued in 2026?

Based on GuruFocus' analysis, Marquette National stock appears to be overvalued. The current stock price of $36.70 is trading 28.7% above its estimated GF Value™ of $28.52. GuruFocus considers Marquette National to be Modestly Overvalued.

Key valuation signals for MNAT:

  • Cyclically Adjusted PB Ratio: 0.83 (20% above median its 10-year median of 0.69)
  • GF Value™: $28.52 vs. price of $36.70 (28.7% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 33.6% below the Banks median (#350 of 1303)

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.

$36.70
Price
$28.52
GF Value