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MRBK (Meridian) Cyclically Adjusted PB Ratio : 1.06 (As of May. 13, 2025)


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What is Meridian Cyclically Adjusted PB Ratio?

As of today (2025-05-13), Meridian's current share price is $14.12. Meridian's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was $13.30. Meridian's Cyclically Adjusted PB Ratio for today is 1.06.

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

MRBK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.07   Max: 1.26
Current: 1.06

During the past 10 years, Meridian's highest Cyclically Adjusted PB Ratio was 1.26. The lowest was 0.96. And the median was 1.07.

MRBK's Cyclically Adjusted PB Ratio is ranked worse than
53.42% of 1273 companies
in the Banks industry
Industry Median: 1.01 vs MRBK: 1.06

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.

Meridian's adjusted book value per share data of for the fiscal year that ended in Dec24 was $15.260. 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 $13.30 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meridian Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Meridian'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.

Meridian Cyclically Adjusted PB Ratio Chart

Meridian Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.03

Meridian Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - 1.03 -

Competitive Comparison of Meridian's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Meridian'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.


Meridian's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Meridian's Cyclically Adjusted PB Ratio falls into.


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Meridian 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.

Meridian's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.12/13.30
=1.06

* 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.

Meridian's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Meridian's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=15.26/133.1571*133.1571
=15.260

Current CPI (Dec24) = 133.1571.

Meridian Annual Data

Book Value per Share CPI Adj_Book
201512 8.516 99.792 11.363
201612 12.137 101.863 15.866
201712 7.928 104.011 10.150
201812 8.549 105.998 10.739
201912 9.418 108.420 11.567
202012 11.541 109.897 13.984
202112 13.536 117.630 15.323
202212 13.368 125.222 14.215
202312 14.131 129.419 14.539
202412 15.260 133.157 15.260

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.


Meridian  (NAS:MRBK) 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.


Meridian Cyclically Adjusted PB Ratio Related Terms

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


Meridian Business Description

Industry
Traded in Other Exchanges
N/A
Address
9 Old Lincoln Highway, Malvern, PA, USA, 19355
Meridian Corp is a bank holding company. Through its banking subsidiary, it operates as a full-service, state-chartered commercial bank providing personal, business lending, and deposit services. It operates in three reportable segments including Bank, Wealth, and Mortgage. The company generates maximum revenue from the Bank segment which consists of commercial and retail banking. It generates interest income from its lending (including leasing) and investing activities and is dependent on the gathering of lower-cost deposits from its branch network or borrowed funds from other sources for funding its loans.
Executives
Christopher J. Annas director, officer: Chairman & CEO 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Anthony Mark Imbesi director 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Denise Lindsay director, officer: Exec Vice President and CFO 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Robert T. Holland director 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Edward J. Hollin director 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Robert M. Casciato director 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Christine Marie Helmig director 575 WELLINGTON SQUARE, UNIT 205, EXTON PA 19341
Collier George C. Iii director 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Charles D. Kochka officer: Chief Lending Officer 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Kenneth H. Slack director 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Joseph L. Cafarchio officer: Chief Credit Officer 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Randall J Mcgarry officer: Chief Information Officer 4390 DAVISVILLE ROAD, HATBORO PA 19040