Mercantile Bank Corporation
P/B (Price-to-Book)
Price
Book Per Share
P/B (Price-to-Book)
| Fiscal Year | P/B (Price-to-Book) | Book Per Share | Price |
|---|---|---|---|
| Dec 2011 | 0.52x | $18.58 | $9.75 |
| Dec 2012 | 1.00x | $16.56 | $16.50 |
| Dec 2013 | 1.23x | $17.57 | $21.58 |
| Dec 2014 | 0.87x | $24.23 | $21.02 |
| Dec 2015 | 1.22x | $20.06 | $24.54 |