Mercantile Bank CorporationMBWMNASDAQ
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Price to Sales: Discounted Valuation
Below historical average, slight contraction.
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Price-to-sales ratio
Latest
1.98
↓ 33% below average
Average (9y)
2.95
Historical baseline
Range
High:4.40
Low:1.98
CAGR
-5.1%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 1.98 | -6.9% |
| 2023 | 2.13 | -14.2% |
| 2022 | 2.48 | -11.9% |
| 2021 | 2.82 | +23.4% |
| 2020 | 2.28 | -29.2% |
| 2019 | 3.23 | +10.8% |
| 2018 | 2.91 | -27.7% |
| 2017 | 4.03 | -8.4% |
| 2016 | 4.40 | +38.7% |
| 2015 | 3.18 | - |