Mercantile Bank CorporationMBWMNASDAQ
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EV to Sales: Discounted Valuation
Trending lower, below historical average, slight contraction.
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Enterprise value to sales ratio
Latest
2.69
↓ 35% below average
Average (9y)
4.13
Historical baseline
Range
High:5.61
Low:1.40
CAGR
-5.9%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 2.69 | -39.7% |
| 2023 | 4.46 | -11.3% |
| 2022 | 5.02 | +258.6% |
| 2021 | 1.40 | -27.9% |
| 2020 | 1.94 | -58.5% |
| 2019 | 4.69 | -15.6% |
| 2018 | 5.55 | +4.6% |
| 2017 | 5.31 | -5.4% |
| 2016 | 5.61 | +20.7% |
| 2015 | 4.64 | - |