Macatawa Bank
MCBC
$14.24
Share price
-0.63%
Change (1 day)
52.63%
Change (1 year)
Categories
Macatawa Bank (MCBC) - P/B ratio
P/B ratio as of April 2024 : 1.70
According to Macatawa Bank's latest financial reports the company has a price-to-book ratio of 1.70.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Macatawa Bank - P/B ratio (from 2001 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.35 | -11.88% |
| 2022-12-31 | 1.53 | 28.8% |
| 2021-12-31 | 1.19 | -0.24% |
| 2020-12-31 | 1.19 | -31.73% |
| 2019-12-31 | 1.74 | 1.68% |
| 2018-12-31 | 1.71 | -12.62% |
| 2017-12-31 | 1.96 | -9.85% |
| 2016-12-31 | 2.18 | 61.16% |
| 2015-12-31 | 1.35 | 4.47% |
| 2014-12-31 | 1.29 | 1.36% |
| 2013-12-31 | 1.28 | 111.7% |
| 2012-12-31 | 0.6024 | -7.88% |
| 2011-12-31 | 0.6539 | -39.09% |
| 2010-12-31 | 1.07 | 155.41% |
| 2009-12-31 | 0.4204 | 6.18% |
| 2008-12-31 | 0.3959 | -56.37% |
| 2007-12-31 | 0.9074 | -58.81% |
| 2006-12-31 | 2.20 | -16.07% |
| 2005-12-31 | 2.63 | 18.92% |
| 2004-12-31 | 2.21 | 13.25% |
| 2003-12-31 | 1.95 | 41.81% |
| 2002-12-31 | 1.37 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Mercantile Bank MBWM | 1.12 | -34.50% | 🇺🇸 USA |
 Independent Bank (Michigan) IBCP | 1.29 | -24.27% | 🇺🇸 USA |
 First Busey BUSE | 1.02 | -40.37% | 🇺🇸 USA |