MCBC Historical PE Ratio image   This MCBC PE ratio history page last updated 9/18/2024
MCBC PE History Chart
PeriodPriceGAAPTTMPE
Q1 2024
4/25/2024
14.330.291.2011.9
Q4 2023
1/25/2024
11.310.281.269.0
Q3 2023
10/26/2023
8.550.331.336.4
Q2 2023
7/27/2023
10.050.301.297.8
Q1 2023
4/27/2023
9.620.351.188.2
Q4 2022
1/26/2023
10.380.351.0110.3
Q3 2022
10/27/2022
10.040.290.8412.0
Q2 2022
7/28/2022
9.240.190.7612.2
Q1 2022
4/28/2022
8.780.180.8011.0
Q4 2021
1/27/2022
9.090.180.8510.7
Q3 2021
10/28/2021
8.400.210.939.0
Q2 2021
7/22/2021
8.140.230.938.8
Q1 2021
4/22/2021
9.710.230.9210.6
Q4 2020
1/28/2021
8.390.260.889.5
Q3 2020
10/22/2020
7.590.210.868.8
Q2 2020
7/23/2020
7.390.220.898.3
Q1 2020
4/23/2020
7.150.190.917.9
Q4 2019
1/23/2020
10.680.240.9411.4
Q3 2019
10/24/2019
10.330.240.9111.4
Q2 2019
7/25/2019
9.920.240.8711.4
Q1 2019
4/25/2019
10.180.220.8312.3
Q4 2018
1/24/2019
9.700.210.7812.4
Q3 2018
10/25/2018
11.150.200.7015.9
Q2 2018
7/26/2018
12.440.200.6419.4
Q1 2018
4/26/2018
10.540.170.5818.2
Q4 2017
1/25/2018
10.340.130.5419.1
Q3 2017
10/26/2017
10.250.140.5319.3
Q2 2017
7/27/2017
9.200.140.5317.4
Q1 2017
4/27/2017
10.110.130.5020.2
Q4 2016
1/26/2017
10.150.120.4721.6
Q3 2016
10/27/2016
7.960.140.4517.7
Q2 2016
7/28/2016
7.600.110.4019.0
Q1 2016
4/28/2016
6.870.100.3818.1
Q4 2015
1/28/2016
5.860.100.3616.3
Q3 2015
10/22/2015
5.190.090.3315.7
Q2 2015
7/23/2015
5.570.090.3217.4
Q1 2015
4/23/2015
5.260.080.3117.0
Q4 2014
1/29/2015
5.380.070.3117.4
Q3 2014
10/23/2014
5.020.08-0.33NA
Q2 2014
7/24/2014
4.860.08-0.33NA
Q1 2014
4/24/2014
4.830.08-0.31NA
Q4 2013
1/30/2014
5.30-0.57NANA
Q3 2013
10/24/2013
5.310.08NANA
Q2 2013
7/25/2013
5.430.10NANA
MCBC Historical PE Ratio Chart
PeriodPriceGAAPAnnualizedPE
Q1 2024
4/25/2024
14.330.291.1612.4
Q4 2023
1/25/2024
11.310.281.1210.1
Q3 2023
10/26/2023
8.550.331.326.5
Q2 2023
7/27/2023
10.050.301.208.4
Q1 2023
4/27/2023
9.620.351.406.9
Q4 2022
1/26/2023
10.380.351.407.4
Q3 2022
10/27/2022
10.040.291.168.7
Q2 2022
7/28/2022
9.240.190.7612.2
Q1 2022
4/28/2022
8.780.180.7212.2
Q4 2021
1/27/2022
9.090.180.7212.6
Q3 2021
10/28/2021
8.400.210.8410.0
Q2 2021
7/22/2021
8.140.230.928.8
Q1 2021
4/22/2021
9.710.230.9210.6
Q4 2020
1/28/2021
8.390.261.048.1
Q3 2020
10/22/2020
7.590.210.849.0
Q2 2020
7/23/2020
7.390.220.888.4
Q1 2020
4/23/2020
7.150.190.769.4
Q4 2019
1/23/2020
10.680.240.9611.1
Q3 2019
10/24/2019
10.330.240.9610.8
Q2 2019
7/25/2019
9.920.240.9610.3
Q1 2019
4/25/2019
10.180.220.8811.6
Q4 2018
1/24/2019
9.700.210.8411.5
Q3 2018
10/25/2018
11.150.200.8013.9
Q2 2018
7/26/2018
12.440.200.8015.5
Q1 2018
4/26/2018
10.540.170.6815.5
Q4 2017
1/25/2018
10.340.130.5219.9
Q3 2017
10/26/2017
10.250.140.5618.3
Q2 2017
7/27/2017
9.200.140.5616.4
Q1 2017
4/27/2017
10.110.130.5219.4
Q4 2016
1/26/2017
10.150.120.4821.1
Q3 2016
10/27/2016
7.960.140.5614.2
Q2 2016
7/28/2016
7.600.110.4417.3
Q1 2016
4/28/2016
6.870.100.4017.2
Q4 2015
1/28/2016
5.860.100.4014.7
Q3 2015
10/22/2015
5.190.090.3614.4
Q2 2015
7/23/2015
5.570.090.3615.5
Q1 2015
4/23/2015
5.260.080.3216.4
Q4 2014
1/29/2015
5.380.070.2819.2
Q3 2014
10/23/2014
5.020.080.3215.7
Q2 2014
7/24/2014
4.860.080.3215.2
Q1 2014
4/24/2014
4.830.080.3215.1
Q4 2013
1/30/2014
5.30-0.57-2.28NA
Q3 2013
10/24/2013
5.310.080.3216.6
Q2 2013
7/25/2013
5.430.100.4013.6
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Macatawa Bank (MCBC) is categorized under the Financials sector; to help you further research PE history across stocks, below are some other companies in the same sector:

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On this page we presented the MCBC PE Ratio History information for Macatawa Bank' stock. The average MCBC PE ratio history based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 13.1. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average MCBC PE ratio history based on this TTM earnings result method is 13.4. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this MCBC PE ratio history result, against the recent PE: when this page was posted on 8/1/2024, the most recent closing price for MCBC had been 14.82, and the most recent quarterly earnings result, annualized, was 1.16. Meanwhile, the most recent TTM earnings summed to 1.2. From these numbers, we calculate the recent MCBC PE on 8/1/2024 based on annualized quarterly EPS was 12.8. Based on MCBC's history, that recent PE is low relative to the historical average, with the recent PE 2.3% lower than the historical average PE across our data set for Macatawa Bank. Looking at the recent MCBC PE on 8/1/2024 based on TTM EPS, we calculate the ratio at 12.3. Based on MCBC's history, that recent PE is low relative to the historical average, with the recent PE 8.2% lower than the average PE across our Macatawa Bank data set with TTM EPS used in the calculation at each period.

Another interesting MCBC PE ratio history calculation we look at is to take the median earnings per share of the last four quarters for MCBC, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for MCBC, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.28, 0.29, 0.30, and 0.33. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.29 and 0.30 — which gives us the median of 0.29. Basically the way to think about this 0.29 number is this: for the trailing four earnings reports, 0.29 marks the "middle ground" number where MCBC has reported a value higher than 0.29 half the time, and has reported a value lower than 0.29 half the time. Annualizing that median value then gets us to 1.16/share, which we use as the denominator in our next PE calculation. With 14.82 as the numerator (as of 8/1/2024), the calculation is then 14.82 / 1.16 = 12.8 as the MCBC PE ratio as of 8/1/2024, based on that annualized median value we calculated.

For self directed investors doing their due diligence on MCBC or any other given stock, valuation analysis for MCBC can greatly benefit from studying the past earnings and resulting PE ratio history calculations. This type of study can help inform an analysis as to whether the earnings trajectory over time and current versus historical average PE ratios justify the current stock market value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Macatawa Bank PE ratio history — or the PE history for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for next earnings dates and also historical earnings surprises history for MCBC. Thanks for visiting, and the next time you need to research MCBC PE Ratio History or the PE ratio history for another stock, we hope our site will come to mind as your go-to PE ratio history research resource of choice.

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