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MNB Holdings (MNB Holdings) Cyclically Adjusted PB Ratio : 0.39 (As of May. 28, 2024)


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What is MNB Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-28), MNB Holdings's current share price is $26.00. MNB Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $66.69. MNB Holdings's Cyclically Adjusted PB Ratio for today is 0.39.

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

MNBO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.68   Max: 1.48
Current: 0.39

During the past 13 years, MNB Holdings's highest Cyclically Adjusted PB Ratio was 1.48. The lowest was 0.32. And the median was 0.68.

MNBO's Cyclically Adjusted PB Ratio is ranked better than
87.93% of 1193 companies
in the Banks industry
Industry Median: 0.92 vs MNBO: 0.39

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.

MNB Holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was $61.777. 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 $66.69 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


MNB Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MNB Holdings'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.

MNB Holdings Cyclically Adjusted PB Ratio Chart

MNB Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 0.84 0.59 0.50 0.39

MNB Holdings Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 1.30 0.84 0.59 0.50 0.39

Competitive Comparison of MNB Holdings's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, MNB Holdings'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.


MNB Holdings's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



MNB Holdings 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.

MNB Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.00/66.69
=0.39

* 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.

MNB Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, MNB Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=61.777/129.4194*129.4194
=61.777

Current CPI (Dec23) = 129.4194.

MNB Holdings Annual Data

Book Value per Share CPI Adj_Book
201412 43.469 99.070 56.786
201512 46.870 99.792 60.785
201612 50.625 101.863 64.320
201712 54.697 104.011 68.059
201812 59.945 105.998 73.191
201912 65.068 108.420 77.671
202012 62.525 109.897 73.632
202112 62.072 117.630 68.293
202212 60.328 125.222 62.350
202312 61.777 129.419 61.777

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.


MNB Holdings  (OTCPK:MNBO) 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.


MNB Holdings Cyclically Adjusted PB Ratio Related Terms

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


MNB Holdings (MNB Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3060 16th Street, San Francisco, CA, USA, 94103
MNB Holdings Corp is a commercial bank. It provides business checking, business lending, and personal banking services. In business banking, it offers business money market, business savings, business checking analyzed and Attorney Trust Account. The company provides service to underserved groups, such as commercial banking services to minority small businesses, and niche retail segments and geographic operating areas.
Executives
Maritza Aberouette director 3060 16TH STREET, C/O MNB HOLDINGS CORP, SAN FRANCISCO CA 94103

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