Magyar Bancorp Inc

NASDAQ MGYR

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Magyar Bancorp Inc Price to Sales Ratio (P/S) on June 03, 2024: 1.81

Magyar Bancorp Inc Price to Sales Ratio (P/S) is 1.81 on June 03, 2024, a -37.03% change year over year. The price to sales ratio compares the market price per share of a company's stock to its sales revenue per share. It is calculated by dividing the market capitalization by the revenue, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's sales revenue. A higher ratio suggests that investors are willing to pay a higher price for each unit of sales revenue, indicating positive market sentiment and expectations for future revenue growth.
  • Magyar Bancorp Inc 52-week high Price to Sales Ratio (P/S) is 3.18 on July 06, 2023, which is 75.75% above the current Price to Sales Ratio (P/S).
  • Magyar Bancorp Inc 52-week low Price to Sales Ratio (P/S) is 1.81 on May 31, 2024, which is -0.09% below the current Price to Sales Ratio (P/S).
  • Magyar Bancorp Inc average Price to Sales Ratio (P/S) for the last 52 weeks is 2.42.
NASDAQ: MGYR

Magyar Bancorp Inc

CEO Mr. John S. Fitzgerald
IPO Date Jan. 24, 2006
Location United States
Headquarters 400 Somerset Street, New Brunswick, NJ, United States, 08901
Employees 89
Sector Financial Services
Industry Banks - regional
Description

Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States. It accepts various deposit accounts, including demand, savings, NOW, money market, and retirement accounts, as well as certificates of deposit. The company also provides residential mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, and construction loans, as well as small business administration loans. In addition, it offers non-deposit investment products and financial planning services, including insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers; and buys, sells, and holds investment securities. The company has branch offices located in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison, New Jersey. Magyar Bancorp, Inc. was founded in 1922 and is headquartered in New Brunswick, New Jersey.

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StockViz Staff

September 19, 2024

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