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What is Commercial National Financial (MI) PB Ratio?
Commercial National Financial (MI)CEFC 60 PB Ratio is 1.05 as of Jul. 17, 2026, which is 11% above its 10-year median of 0.95. GuruFocus rates CEFC with a GF Score™ of 60/100 and a GF Value™ of $10.26 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,517 Banks companies, Commercial National Financial (MI) ranks better than 55.77% on this metric.
CEFC's PB Ratio is ranked better than 55.77% of 1517
companies
in the Banks industry
Industry Median: 1.12
vs CEFC: 1.05
During the past 12 months, Commercial National Financial (MI)'s average Book Value Per Share Growth Rate was 12.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Commercial National Financial (MI) was 22.80% per year. The lowest was -30.50% per year. And the median was 4.10% per year.
Back to Basics: PB Ratio
Commercial National Financial (MI) (OTCPK:CEFC) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Commercial National Financial (MI) PB Ratio Related Terms
Commercial National Financial (MI) PB Ratio Historical Data
* 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.
For the Banks - Regional subindustry, Commercial National Financial (MI)'s PB Ratio, along with its competitors' market caps and 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.
Commercial National Financial (MI) PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Commercial National Financial (MI)'s PB Ratio distribution charts can be found below:
* The bar in red indicates where Commercial National Financial (MI)'s PB Ratio falls into.
Commercial National Financial (MI) PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Commercial National Financial (MI) (CEFC) has a PB Ratio of 1.05 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Commercial National Financial (MI) and its competitors. This is 11% above median its historical median of 0.95. Over the past decade, Commercial National Financial (MI)'s PB Ratio has ranged from 0.72 to 1.19. According to the industry distribution chart, Commercial National Financial (MI) ranks #671 out of 1517 companies in the Banks industry, placing it in the top 44.2%.
Is Commercial National Financial (MI)'s PB Ratio too high?
Commercial National Financial (MI)'s current PB Ratio of 1.05 is 11% above median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 1.19. The Banks industry median PB Ratio is 1.12. Commercial National Financial (MI)'s value of 1.05 is 6.3% below this industry median. Based on the distribution chart, Commercial National Financial (MI) ranks #671 out of 1517 companies in the Banks industry, which is above the industry midpoint. Overall, Commercial National Financial (MI) has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Commercial National Financial (MI)'s PB Ratio compare to FMFG and BAOB?
According to the Banks industry distribution chart, Commercial National Financial (MI) ranks #671 out of 1517 companies for PB Ratio. This puts Commercial National Financial (MI) in the upper half of its industry. The industry median PB Ratio is 1.12. Commercial National Financial (MI)'s value of 1.05 is 6.3% below this benchmark. Historically, Commercial National Financial (MI)'s own PB Ratio has ranged from 0.72 to 1.19 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 1.12, Commercial National Financial (MI) 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 PB Ratio for a Banks company?
The median PB Ratio among Banks companies is 1.12, based on 1,517 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Commercial National Financial (MI)'s current PB Ratio of 1.05 is 6.3% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Commercial National Financial (MI) and its competitors. For the Banks industry, the median PB Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Commercial National Financial (MI)'s current PB Ratio is 1.05, which is 11% above median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commercial National Financial (MI) stock overvalued right now?
Based on GuruFocus' analysis, Commercial National Financial (MI) (CEFC) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.26, compared to a current price of $15.05 — trading 46.7% above its estimated fair value. The current PB Ratio is 1.05, which is 11% above median its 10-year median of 0.95 and 6.3% below the Banks industry median of 1.12. Commercial National Financial (MI)'s overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Commercial National Financial (MI) (CEFC), the current PB Ratio is 1.05 as of Jul. 17, 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 Commercial National Financial (MI) (CEFC) Overvalued in 2026?
Based on GuruFocus' analysis, Commercial National Financial (MI) stock appears to be overvalued.
The current stock price of $15.05 is trading 46.7% above its estimated GF Value™ of $10.26.
GuruFocus considers Commercial National Financial (MI) to be Significantly Overvalued.
Key valuation signals for CEFC:
PB Ratio: 1.05 (11% above median its 10-year median of 0.95)
GF Value™: $10.26 vs. price of $15.05 (46.7% above fair value)
Industry Position: 6.3% below the Banks median (#671 of 1517)
No single metric tells the full story. See the CEFC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Commercial National Financial (MI) Business Description
Commercial National Financial Corp (MI) is a one-bank holding company which conducts limited business activities. The Bank performs the majority of business activities. The Bank provides a full range of banking services to individuals, agricultural businesses, commercial businesses and light industries located in its service area. It maintains a diversified loan portfolio, including loans to individuals for home mortgages, automobiles and personal expenditures, and loans to business enterprises for current operations and expansion. The Bank offers a variety of deposit products, including checking, savings, certificates of deposit, and individual retirement accounts.
60GF Score
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