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Merchants Bancorp (Merchants Bancorp) PB Ratio : 1.40 (As of Apr. 29, 2024)


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What is Merchants Bancorp PB Ratio?

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. As of today (2024-04-29), Merchants Bancorp's share price is $38.85. Merchants Bancorp's Book Value per Share for the quarter that ended in Dec. 2023 was $27.78. Hence, Merchants Bancorp's PB Ratio of today is 1.40.

The historical rank and industry rank for Merchants Bancorp's PB Ratio or its related term are showing as below:

MBIN' s PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.42   Max: 2.7
Current: 1.4

During the past 9 years, Merchants Bancorp's highest PB Ratio was 2.70. The lowest was 0.85. And the median was 1.42.

MBIN's PB Ratio is ranked worse than
81.14% of 1458 companies
in the Banks industry
Industry Median: 0.85 vs MBIN: 1.40

During the past 12 months, Merchants Bancorp's average Book Value Per Share Growth Rate was 24.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 26.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 26.90% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Merchants Bancorp was 29.50% per year. The lowest was 22.30% per year. And the median was 26.25% per year.

Back to Basics: PB Ratio


Merchants Bancorp PB Ratio Historical Data

The historical data trend for Merchants Bancorp's 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.

Merchants Bancorp PB Ratio Chart

Merchants Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only 1.28 1.33 1.72 1.09 1.53

Merchants Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.09 1.12 1.04 1.06 1.53

Competitive Comparison of Merchants Bancorp's PB Ratio

For the Banks - Regional subindustry, Merchants Bancorp'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.


Merchants Bancorp's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Merchants Bancorp's PB Ratio falls into.



Merchants Bancorp 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.

Merchants Bancorp's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=38.85/27.784
=1.40

* 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.


Merchants Bancorp  (NAS:MBIN) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Merchants Bancorp PB Ratio Related Terms

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


Merchants Bancorp (Merchants Bancorp) Business Description

Address
410 Monon Boulevard, Carmel, IN, USA, 46032
Merchants Bancorp is a United States based bank holding company. It operates multiple lines of business focusing on FHA (Federal Housing Administration) multi-family housing and healthcare facility financing and servicing, retail and correspondent residential mortgage banking, traditional community banking. The business segments of the company are: Multi-family Mortgage Banking which originates and services government-sponsored mortgages for multi-family and healthcare facilities; Mortgage Warehousing segment which funds agency-eligible residential loans as well as commercial loans to nondepository financial institutions; and Banking segment that provides a wide range of financial products and services to consumers and businesses, including commercial and other consumer loan products.
Executives
Randall D. Rogers director, officer: Vice Chairman 410 MONON BLVD, CARMEL IN 46032
Michael R. Dury officer: CEO of Merchants Capital 410 MONON BLVD, CARMEL IN 46032
Michael F. Petrie director, 10 percent owner, officer: Chairman and CEO 410 MONON BLVD, CARMEL IN 46032
Michael J. Dunlap director, officer: President, COO 410 MONON BLVD, CARMEL IN 46032
Terry A Oznick officer: SVP, General Counsel 410 MONON BLVD, CARMEL IN 46032
Anne E. Sellers director 410 MONON BLVD, CARMEL IN 46032
Andrew Juster director 410 MONON BLVD, CARMEL IN 46032
David N. Shane director 410 MONON BLVD, CARMEL IN 46032
Sue Anne Gilroy director 410 MONON BLVD, CARMEL IN 46032
Kevin T Langford officer: Chief Administrative Officer 410 MONON BLVD, CARMEL IN 46032
Susan Dehner Kucer officer: Indianpolis Market President 410 MONON BLVD, CARMEL IN 46032
Scott A. Evans director, officer: Lynn Market President 410 MONON BLVD, CARMEL IN 46032
Jerry F. Koors officer: Merchants Mortgage President 410 MONON BLVD, CARMEL IN 46032
John F. Macke officer: Chief Financial Officer 410 MONON BLVD, CARMEL IN 46032
Jody J. Petrie 10 percent owner 11555 N. MERIDIAN STREET, SUITE 400, CARMEL IN 46032