Universal Electronics Inc. Financial Ratios — UE1 Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	9.04	6.89	8.47	10.72	10.18	7.56	-3.87	4.62	1.35	13.13	1.8	0.15	-43.92	-14.47	-12.43
Return on Assets (%)	5.38	4.42	5.72	7.34	6.09	4.01	-1.83	2.05	0.65	7.18	1.04	0.08	-22.85	-7.08	-6.23
Return on Capital (%)	8.1	6.66	8.47	10.72	9.36	6.37	-2.86	3.15	1	10.77	1.51	0.11	- -	- -	- -
Return on Invested Capital (%)	8.45	6.96	9.25	10.79	9.17	6.36	-4.15	-0.2	1.45	8.95	2.14	0.14	- -	- -	- -
Gross Margin (%)	27.75	28.81	28.61	29.68	27.66	25.2	23.82	20.85	22.59	28.67	28.76	28.06	23.2	28.87	28.91
EBITDA Margin (%)	9.37	9.46	9.54	10.59	9.35	8.04	6.03	4.69	6.27	10.9	8.31	7.11	-14.83	0.7	2.11
Operating Margin (%)	5.67	5.66	6.07	7.34	5.96	4.59	2.42	-0.24	2.03	6.06	3.87	2.68	-7.66	-1.91	-1.41
Incremental Operating Margin (%)	3.85	6.75	8.98	27.68	- -	- -	- -	118.85	23.19	- -	107.16	14.79	38.23	- -	- -
Pretax Margin (%)	5.38	5.32	5.49	7.19	5.97	3.87	1.05	3.85	1.38	7.14	2.67	2.1	-21.94	-4.71	-3.25
Profit Margin (%)	4.26	3.57	4.34	5.79	4.84	3.12	-1.48	1.75	0.48	6.28	0.88	0.07	-23.36	-6.09	-5.05
Net Income to Common Margin (%)	4.26	3.57	4.34	5.79	4.84	3.12	-1.48	1.75	0.48	6.28	0.88	0.07	-23.36	-6.09	-5.05
Effective Tax Rate (%)	20.95	32.82	20.92	19.57	18.91	19.07	241.64	54.43	65.1	12.15	67.03	96.43	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	9.04	6.89	8.47	10.72	10.18	7.56	-3.87	4.62	1.35	13.13	1.8	0.15	-43.92	-14.47	-12.43

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	16	- -	- -	- -	50	50	138	102	89	40	75	109	72	50	33
ST Debt	16	- -	- -	- -	50	50	138	102	73	26	61	94	60	41	27
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	16	14	14	15	13	9	6
Total Debt/EBITDA	0.37	- -	- -	- -	0.89	0.95	3.29	3.18	1.87	0.59	1.5	2.81	-1.16	18.02	4.3
Net Debt/EBITDA	-0.3	-1.02	-1.51	-1.89	-0.05	-0.01	1.8	1.51	-0.13	-0.55	-0.1	0.55	-0.2	3.69	-1.06
Total Debt/EBIT	0.62	- -	- -	- -	1.39	1.97	12.93	-60.96	5.78	1.07	3.23	7.46	-0.85	-3.25	-5.23
Net Debt/EBIT	-0.49	-1.7	-2.37	-2.73	-0.08	-0.02	7.08	-29	-0.41	-1	-0.21	1.46	-0.14	-0.67	1.28
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	62.25	66.08	68.74	68.16	52.02	53.84	41.67	47.33	48.64	61.4	54.07	53.24	50.28	47.35	53.35
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	5.7	4.37	5.17	5.6	7.02	6.03	4.24
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	4.31	3.87	4.06	3.99	5	4.55	3.45
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	2.77	2.68	2.8	2.98	3.53	2.86	2.26
Total Debt/Equity (%)	7.13	- -	- -	- -	19.39	17.82	54.43	38.6	32.27	12.7	27.19	40.44	40.45	32.49	22.91
Total Debt/Capital (%)	6.66	- -	- -	- -	16.24	15.12	35.24	27.85	24.4	11.27	21.38	28.79	28.8	24.52	18.64
Total Debt/Total Assets (%)	4.44	- -	- -	- -	10.1	9.59	22.68	18.27	15.69	7.79	14.7	21.53	20.34	15.38	12.22
Net Debt to Equity	-5.64	-17.79	-26.15	-35.65	-1.15	-0.22	29.8	18.37	-2.3	-11.86	-1.74	7.92	6.85	6.65	-5.63
Net Debt/Capital (%)	-5.98	-21.64	-35.41	-55.4	-1.16	-0.22	22.96	15.52	-2.18	-12.55	-1.66	6.85	5.87	5.78	-5.58
EBITDA	44	44	51	60	56	52	42	32	47	67	50	39	-62	3	8
EBITDA-CapEx	29	32	39	41	21	10	- -	9	23	44	33	18	-76	-6	1
Operating Income (Loss)	27	26	32	41	36	30	17	-2	15	37	23	15	-32	-8	-5

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.23	0.39	0.64	0.83	0.25	0.23	0.19	0.19	0.28	0.32	0.28	0.31	0.27	0.17	0.27
Current Ratio	1.67	1.98	2.32	2.35	1.47	1.5	1.22	1.36	1.42	1.82	1.56	1.56	1.61	1.53	1.72
Quick Ratio	0.88	1.17	1.43	1.54	0.81	0.82	0.65	0.8	0.85	1.11	0.9	0.88	1.01	0.97	1.01
CFO/Avg Current Liab	0.11	0.36	0.26	0.5	0.15	0.23	0.03	0.04	0.31	0.33	0.2	0.05	0.13	0.09	0.17
Common Equity/Total Assets	62.25	66.08	68.74	68.16	52.02	53.84	41.67	47.33	48.64	61.4	54.07	53.24	50.28	47.35	53.35
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	5.7	4.37	5.17	5.6	7.02	6.03	4.24
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	4.31	3.87	4.06	3.99	5	4.55	3.45
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	2.77	2.68	2.8	2.98	3.53	2.86	2.26
Total Debt/Equity (%)	7.13	- -	- -	- -	19.39	17.82	54.43	38.6	32.27	12.7	27.19	40.44	40.45	32.49	22.91
Total Debt/Capital (%)	6.66	- -	- -	- -	16.24	15.12	35.24	27.85	24.4	11.27	21.38	28.79	28.8	24.52	18.64
Total Debt/Total Assets (%)	4.44	- -	- -	- -	10.1	9.59	22.68	18.27	15.69	7.79	14.7	21.53	20.34	15.38	12.22
CFO/Total Liabilities	10.61	33.84	23.17	43.05	11	20.6	2.58	4.39	29.42	37.26	17.19	4.63	14.24	8.71	18.48
CFO/CapEx	1.01	3.75	2.63	3.45	0.74	1.16	0.22	0.57	3.56	3.16	2.36	0.53	1.82	1.76	3.44
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.03	3.04

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	5.63	5.48	5.83	6.13	5.79	5.49	5.35	4.99	5.78	4.93	4.99	4.78	3.98	4.02	4.55
Days Sales Outstanding	64.88	66.62	62.65	59.51	63.01	66.48	68.25	73.13	63.14	74.06	73.2	76.36	91.71	90.75	80.24
Inventory Turnover	4.33	3.76	4.18	4.08	3.97	3.86	3.62	3.51	4.03	3.3	3.36	2.84	2.83	3.35	3.33
Days Inventory Outstanding	84.25	97.04	87.26	89.44	92	94.48	100.69	104.04	90.58	110.55	108.54	128.37	129.12	108.91	109.54
Accounts Payable Turnover	6.53	5.61	6.59	6.17	5.63	5.18	5.2	4.59	5.57	4.45	5.03	4.83	4.22	4.21	4.3
Accounts Payable Turnover Days	55.9	65.1	55.4	59.13	64.86	70.45	70.15	79.44	65.58	81.97	72.54	75.59	86.48	86.61	84.83
Cash Conversion Cycle	93.24	98.56	94.52	89.82	90.15	90.51	98.79	97.72	88.14	102.63	109.2	129.14	134.36	113.06	104.95
Inventory to Cash Days	-19.37	-30.42	-24.61	-29.93	-28.99	-28	-32.45	-30.9	-27.43	-36.49	-35.35	-52.01	-37.41	-18.16	-29.29
Inventories	91	84	96	97	122	130	163	144	145	120	134	140	88	79	78
Raw Materials	39	38	38	41	42	48	60	94	81	61	78	84	44	32	29
Work In Process	1	1	2	3	6	6	2	6	2	6	7	3	4	2	1
Finished Goods	54	47	59	56	78	80	105	50	63	53	49	54	41	45	48
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	11	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	137	39
- Cash & Cash Equivalents	29	45	76	113	53	51	62	53	74	57	61	67	43	27	32
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	16	- -	- -	- -	50	50	138	102	89	40	75	109	72	50	33
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	160	40
Total Capital	246	251	291	316	308	330	392	364	363	353	351	377	251	203	180
Total Debt/Capital (%)	6.66	- -	- -	- -	16.24	15.12	35.24	27.85	24.4	11.27	21.38	28.79	28.8	24.52	18.64
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.31	0.83
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.41	0.11
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	58	5.18
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	136	41
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	159	42
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.27	3.2
TTM Sales	469	463	529	562	603	651	696	680	753	615	602	543	420	395	368
TTM EBITDA	44	44	51	60	56	52	42	32	47	67	50	39	-62	3	8
TTM Operating Income	27	26	32	41	36	30	17	-2	15	37	23	15	-32	-8	-5
TTM Cash Flow to Firm	15	44	31	63	26	50	9	13	85	73	40	11	- -	- -	- -
TTM Free Cash Flow to Firm	- -	32	19	45	-9	7	-33	-10	61	50	23	-10	- -	- -	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	21.31	2.44
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	160	40
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.71	2.67
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.41	0.11
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	58	5.18
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.9	0.27
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.87	0.52
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.18	0.95
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.66	0.23
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.06	0.31
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.03	0.61
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.4	1.12
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.78	0.27
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.35	0.11
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.33	0.22
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.46	0.39
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.25	0.1
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	9.19	1.73
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.9	3.37
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.13	6.13
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6.74	1.49
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	20.64	4.75
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	28.11	8.64
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	15.63	2.1
EV/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.39	0.21
EV/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.52	0.38
EV/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.31	0.09
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	56.44	9.94
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	73.85	17.95
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	44.76	4.48
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	10.51	3.1
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	13.87	10.99
Enterprise Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	156	77
Enterprise Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	204	140
Enterprise Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	124	35

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	15	15	16	16	14	15	14	14	14	14	13	13	13	13	13
Diluted Weighted Avg Shares	15	15	16	16	16	15	14	14	14	14	14	13	13	13	13
Basic Weighted Avg Shares	15	15	15	16	15	14	14	14	14	14	13	13	13	13	13
Revenue per Share	31.43	30.97	34.72	35.63	39.54	45.03	48.48	48.77	54.29	44.24	44.68	42.73	32.71	30.47	27.96
EBITDA per Share	2.94	2.93	3.31	3.77	3.7	3.62	2.93	2.29	3.4	4.82	3.71	3.04	-4.85	0.21	0.59
Operating Income per Share	1.78	1.75	2.11	2.62	2.36	2.07	1.17	-0.12	1.1	2.68	1.73	1.15	-2.51	-0.58	-0.39
Basic EPS, GAAP	1.34	1.11	1.51	2.06	1.91	1.41	-0.72	0.85	0.26	2.78	0.39	0.03	-7.64	-1.85	-1.41
Basic EPS from Cont Ops	1.34	1.11	1.51	2.06	1.91	1.41	-0.72	0.85	0.26	2.78	0.39	0.03	-7.64	-1.85	-1.41
Diluted EPS, GAAP	1.31	1.1	1.47	2.01	1.88	1.38	-0.72	0.85	0.26	2.72	0.39	0.03	-7.64	-1.85	-1.41
Diluted EPS from Cont Ops	1.31	1.1	1.47	2.01	1.88	1.38	-0.72	0.85	0.26	2.72	0.39	0.03	-7.64	-1.85	-1.41
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	0.99	2.91	2.01	4.02	1.71	3.43	0.64	0.92	6.14	5.28	2.99	0.86	1.96	1.14	1.79
Free Cash Flow per Basic Share	0.01	2.14	1.25	2.85	-0.61	0.48	-2.31	-0.7	4.42	3.61	1.73	-0.76	0.88	0.49	1.27
Cash & Equivalents per Share	1.99	2.98	4.85	7.08	3.69	3.48	4.44	3.85	5.33	4.15	4.74	5.25	3.32	2.05	2.56
Book Value per Share	15.55	16.74	18.55	19.85	17.95	19.28	18.04	19.03	19.68	22.75	21.53	21.13	13.88	11.74	11.59
Tangible Book Value per Share	11.25	12.68	14.86	16.37	12.65	14.36	12.51	13.76	14.78	17.79	16.17	15.34	11.92	9.89	9.85