Latest PEG ratio for Mercantile Bank: 72.46 — see history and peer comparisons.
Get informed when a big investor buys or sells
+ Follow72.46
The PEG ratio measures a stock's valuation relative to its earnings growth rate. A PEG ratio below 1.0 may indicate that the stock is undervalued relative to its growth potential.
Mercantile Bank (MBWM) currently reports a PEG ratio of 72.46. That is above the Finance sector average of 17.35. Use the charts on this page to explore Mercantile Bank's PEG ratio history and peer comparisons.
Mercantile Bank's PEG ratio of 72.46 is higher than the Finance sector average of 17.35. That is roughly 317.7% above the sector mean. A reading higher peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
The PEG ratio is a valuation multiple that relates Mercantile Bank's market price to a fundamental measure such as earnings, sales, or book value. At 72.46, MBWM can look expensive or cheap only in context — versus its own history, growth rate, and Finance peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current PEG ratio of 72.46, then check the historical chart for trend and the peer comparison chart for relative positioning. The Finance average is 17.35. From there, open related valuation or income-statement pages for Mercantile Bank, and consider following MBWM for alerts when major investors trade the stock.
Mercantile Bank is classified in the Finance sector. On PEG ratio, it currently shows 72.46 versus a sector average near 17.35. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Finance are usually more informative than comparing MBWM with unrelated industries.