M&T Bank Corporation
1.68xPrice / tangible book
Market cap
$34.64B
Tangible equity
$20.65B
Price / tangible book
1.68x
Price / book
1.19x
Return on equity
9.8%
Return on assets
1.3%
Efficiency ratio
41.5%
Quick read
Fair value engine
Each company valued on the other's multiple, then compared with the market price.
MTB · current priceP/E 14.11x
$239.88Latest market snapshot
Implied fair value · at SPGI's multiple
$514.35114.4% above market
17.00 MTB EPS (TTM)×30.26x SPGI P/E=$514.35
Market $239.88Implied $514.35
SPGI · current priceP/E 30.26x
$443.55Latest market snapshot
Implied fair value · at MTB's multiple
$206.8653.4% below market
14.66 SPGI EPS (TTM)×14.11x MTB P/E=$206.86
Market $443.55Implied $206.86