Magyar Book Value Per Share from 2010 to 2024

MGYR Stock

USD 13.25 0.01 0.08%

Magyar Bancorp Book Value Per Share yearly trend continues to be relatively stable with very little volatility. Book Value Per Share is likely to grow to 15.41 this year. Book Value Per Share is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of Magyar Bancorp according to its financial statements. View All Fundamentals

Book Value Per Share

First Reported

2010-12-31

Previous Quarter

14.68

Current Value

15.41

Quarterly Volatility

3.86007255

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Yuan Drop

Covid

Check Magyar Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magyar Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 714.8 K, Interest Expense of 5.4 M or Selling General Administrative of 824.8 K, as well as many indicators such as Price To Sales Ratio of 1.42, Ptb Ratio of 1.09 or Capex To Depreciation of 0.4. Magyar financial statements analysis is a perfect complement when working with Magyar Bancorp Valuation or Volatility modules.

Check out the analysis of Magyar Bancorp Correlation against competitors.

To learn how to invest in Magyar Stock, please use our How to Invest in Magyar Bancorp guide.

Latest Magyar Bancorp's Book Value Per Share Growth Pattern

Below is the plot of the Book Value Per Share of Magyar Bancorp over the last few years. It is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements. Magyar Bancorp's Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magyar Bancorp's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 17.83 X

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Book Value Per Share

Timeline

Magyar Book Value Per Share Regression Statistics

	Arithmetic Mean	10.37
	Geometric Mean	9.71
	Coefficient Of Variation	37.24
	Mean Deviation	3.37
	Median	8.50
	Standard Deviation	3.86
	Sample Variance	14.90
	Range	11.9114
	R-Value	0.85
	Mean Square Error	4.52
	R-Squared	0.72
	Significance	0.000066
	Slope	0.73
	Total Sum of Squares	208.60

Magyar Book Value Per Share History

	2024	15.41
	2023	14.68
	2022	16.31
	2021	14.52
	2020	16.17
	2018	7.69
	2017	8.86

Other Fundumenentals of Magyar Bancorp

Tangible Book Value Per Share

Magyar Bancorp Book Value Per Share component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Property Plant Equipment	Treasury Stock	Common Stock	Net Tangible Assets	Total Permanent Equity	Capital Surpluse	Long Term Investments	Intangible Assets	Short Long Term Debt	Short Term Debt	Earning Assets	Current Deferred Revenue	Net Invested Capital	Capital Stock
Total Assets		0.75	-0.58	0.9	-0.62	0.08	0.59	0.01	1.0	0.61	0.12	-0.62	0.78	0.82	0.68	0.64	-0.32	-0.24	-0.19	-0.16	-0.62	-0.43	0.85	0.75
Total Stockholder Equity	0.75		-0.87	0.8	-0.79	-0.22	0.8	-0.09	0.72	0.82	0.05	-0.94	0.88	0.84	0.68	0.97	-0.67	-0.36	-0.32	-0.15	-0.81	-0.47	0.86	0.93
Net Debt	-0.58	-0.87		-0.77	0.82	0.26	-0.7	0.28	-0.53	-0.73	0.31	0.94	-0.86	-0.85	-0.57	-0.92	0.78	0.41	0.33	0.11	0.69	0.35	-0.84	-0.88
Retained Earnings	0.9	0.8	-0.77		-0.73	-0.16	0.64	-0.15	0.88	0.65	-0.24	-0.81	0.92	0.96	0.63	0.78	-0.47	-0.43	-0.32	-0.22	-0.7	-0.46	0.92	0.88
Accounts Payable	-0.62	-0.79	0.82	-0.73		0.01	-0.56	0.15	-0.59	-0.59	0.28	0.82	-0.75	-0.78	-0.52	-0.81	0.48	0.48	0.46	0.14	0.69	0.2	-0.86	-0.77
Long Term Debt	0.08	-0.22	0.26	-0.16	0.01		-0.15	0.25	0.13	-0.12	0.08	0.42	-0.38	-0.3	0.27	-0.38	0.33	-0.2	0.2	0.17	-0.01	0.05	0.05	-0.37
Net Receivables	0.59	0.8	-0.7	0.64	-0.56	-0.15		-0.17	0.58	1.0	0.02	-0.74	0.71	0.56	0.46	0.78	-0.76	-0.25	-0.26	-0.2	-0.67	-0.28	0.73	0.77
Short Term Investments	0.01	-0.09	0.28	-0.15	0.15	0.25	-0.17		0.03	-0.14	0.4	0.25	-0.24	-0.18	0.12	-0.21	0.17	-0.04	-0.45	-0.17	-0.13	-0.49	-0.1	-0.23
Total Liab	1.0	0.72	-0.53	0.88	-0.59	0.13	0.58	0.03		0.6	0.14	-0.57	0.74	0.78	0.68	0.6	-0.28	-0.22	-0.17	-0.16	-0.6	-0.42	0.83	0.71
Total Current Assets	0.61	0.82	-0.73	0.65	-0.59	-0.12	1.0	-0.14	0.6		0.02	-0.76	0.72	0.59	0.49	0.8	-0.78	-0.28	-0.29	-0.2	-0.71	-0.3	0.76	0.79
Property Plant Equipment	0.12	0.05	0.31	-0.24	0.28	0.08	0.02	0.4	0.14	0.02		0.22	-0.16	-0.23	-0.06	-0.11	0.02	0.48	0.18	0.09	0.12	0.06	-0.19	-0.13
Treasury Stock	-0.62	-0.94	0.94	-0.81	0.82	0.42	-0.74	0.25	-0.57	-0.76	0.22		-0.93	-0.89	-0.54	-0.99	0.71	0.43	0.38	0.2	0.75	0.37	-0.83	-0.96
Common Stock	0.78	0.88	-0.86	0.92	-0.75	-0.38	0.71	-0.24	0.74	0.72	-0.16	-0.93		0.96	0.52	0.91	-0.66	-0.36	-0.32	-0.2	-0.71	-0.37	0.88	0.99
Net Tangible Assets	0.82	0.84	-0.85	0.96	-0.78	-0.3	0.56	-0.18	0.78	0.59	-0.23	-0.89	0.96		0.59	0.86	-0.54	-0.41	-0.33	-0.19	-0.68	-0.43	0.88	0.92
Total Permanent Equity	0.68	0.68	-0.57	0.63	-0.52	0.27	0.46	0.12	0.68	0.49	-0.06	-0.54	0.52	0.59		0.58	-0.22	-0.52	-0.14	-0.24	-0.56	-0.7	0.65	0.55
Capital Surpluse	0.64	0.97	-0.92	0.78	-0.81	-0.38	0.78	-0.21	0.6	0.8	-0.11	-0.99	0.91	0.86	0.58		-0.72	-0.39	-0.35	-0.18	-0.77	-0.4	0.83	0.95
Long Term Investments	-0.32	-0.67	0.78	-0.47	0.48	0.33	-0.76	0.17	-0.28	-0.78	0.02	0.71	-0.66	-0.54	-0.22	-0.72		0.2	0.24	0.07	0.49	0.16	-0.58	-0.7
Intangible Assets	-0.24	-0.36	0.41	-0.43	0.48	-0.2	-0.25	-0.04	-0.22	-0.28	0.48	0.43	-0.36	-0.41	-0.52	-0.39	0.2		0.3	0.17	0.46	0.41	-0.47	-0.37
Short Long Term Debt	-0.19	-0.32	0.33	-0.32	0.46	0.2	-0.26	-0.45	-0.17	-0.29	0.18	0.38	-0.32	-0.33	-0.14	-0.35	0.24	0.3		0.56	0.38	0.27	-0.39	-0.34
Short Term Debt	-0.16	-0.15	0.11	-0.22	0.14	0.17	-0.2	-0.17	-0.16	-0.2	0.09	0.2	-0.2	-0.19	-0.24	-0.18	0.07	0.17	0.56		0.07	0.07	-0.2	-0.2
Earning Assets	-0.62	-0.81	0.69	-0.7	0.69	-0.01	-0.67	-0.13	-0.6	-0.71	0.12	0.75	-0.71	-0.68	-0.56	-0.77	0.49	0.46	0.38	0.07		0.51	-0.83	-0.75
Current Deferred Revenue	-0.43	-0.47	0.35	-0.46	0.2	0.05	-0.28	-0.49	-0.42	-0.3	0.06	0.37	-0.37	-0.43	-0.7	-0.4	0.16	0.41	0.27	0.07	0.51		-0.35	-0.38
Net Invested Capital	0.85	0.86	-0.84	0.92	-0.86	0.05	0.73	-0.1	0.83	0.76	-0.19	-0.83	0.88	0.88	0.65	0.83	-0.58	-0.47	-0.39	-0.2	-0.83	-0.35		0.88
Capital Stock	0.75	0.93	-0.88	0.88	-0.77	-0.37	0.77	-0.23	0.71	0.79	-0.13	-0.96	0.99	0.92	0.55	0.95	-0.7	-0.37	-0.34	-0.2	-0.75	-0.38	0.88

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About Magyar Bancorp Financial Statements

Magyar Bancorp shareholders use historical fundamental indicators, such as Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Magyar Bancorp investors may analyze each financial statement separately, they are all interrelated. The changes in Magyar Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Magyar Bancorp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Book Value Per Share	14.68	15.41
Tangible Book Value Per Share	15.18	15.94

Pair Trading with Magyar Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Magyar Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Magyar Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Magyar Stock

0.74	AX	Axos Financial	Pair Corr
0.74	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.8	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr

Moving against Magyar Stock

0.47	TFC-PO	Truist Financial	Pair Corr
0.45	CFG-PE	Citizens Financial	Pair Corr
0.43	TFC-PR	Truist Financial	Pair Corr

The ability to find closely correlated positions to Magyar Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Magyar Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Magyar Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Magyar Bancorp to buy it.

The correlation of Magyar Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Magyar Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magyar Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Magyar Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Magyar Stock Analysis

When running Magyar Bancorp's price analysis, check to measure Magyar Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magyar Bancorp is operating at the current time. Most of Magyar Bancorp's value examination focuses on studying past and present price action to predict the probability of Magyar Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magyar Bancorp's price. Additionally, you may evaluate how the addition of Magyar Bancorp to your portfolios can decrease your overall portfolio volatility.

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