As of 2024-09-15, the Relative Valuation of First Merchants Corp (FRME) is 42.26 USD. This relative valuation is based on P/E multiples. With the latest stock price at 36.73 USD, the upside of First Merchants Corp based on Relative Valuation is 15.1%.
The range of the Relative Valuation is 37.66 - 50.75 USD.
| Range | Selected | |
| Trailing P/E multiples | 11.8x - 13.7x | 12.8x |
| Forward P/E multiples | 9.7x - 12.7x | 11.0x |
| Fair Price | 37.66 - 50.75 | 42.26 |
| Upside | 2.5% - 38.2% | 15.1% |
| Date | P/E |
| 2024-09-13 | 11.51 |
| 2024-09-12 | 11.22 |
| 2024-09-11 | 11.16 |
| 2024-09-10 | 11.37 |
| 2024-09-09 | 11.40 |
| 2024-09-06 | 11.40 |
| 2024-09-05 | 11.71 |
| 2024-09-04 | 11.83 |
| 2024-09-03 | 11.97 |
| 2024-08-30 | 12.22 |
| 2024-08-29 | 12.20 |
| 2024-08-28 | 12.22 |
| 2024-08-27 | 12.05 |
| 2024-08-26 | 12.08 |
| 2024-08-23 | 12.04 |
| 2024-08-22 | 11.44 |
| 2024-08-21 | 11.40 |
| 2024-08-20 | 11.47 |
| 2024-08-19 | 11.71 |
| 2024-08-16 | 11.52 |
| 2024-08-15 | 11.37 |
| 2024-08-14 | 11.12 |
| 2024-08-13 | 11.19 |
| 2024-08-12 | 11.02 |
| 2024-08-09 | 11.19 |
| 2024-08-08 | 11.32 |
| 2024-08-07 | 11.10 |
| 2024-08-06 | 11.25 |
| 2024-08-05 | 11.22 |
| 2024-08-02 | 11.71 |
| 2024-08-01 | 12.11 |
| 2024-07-31 | 12.64 |
| 2024-07-30 | 12.66 |
| 2024-07-29 | 12.63 |
| 2024-07-26 | 12.96 |
| 2024-07-25 | 12.67 |
| 2024-07-24 | 12.41 |
| 2024-07-23 | 12.70 |
| 2024-07-22 | 12.33 |
| 2024-07-19 | 12.13 |
| 2024-07-18 | 12.07 |
| 2024-07-17 | 12.42 |
| 2024-07-16 | 12.06 |
| 2024-07-15 | 11.50 |
| 2024-07-12 | 11.09 |
| 2024-07-11 | 11.09 |
| 2024-07-10 | 10.56 |
| 2024-07-09 | 10.33 |
| 2024-07-08 | 10.19 |
| 2024-07-05 | 10.15 |