As of 2025-01-23, the Relative Valuation of First Merchants Corp (FRME) is 42.60 USD. This relative valuation is based on P/E multiples. With the latest stock price at 40.02 USD, the upside of First Merchants Corp based on Relative Valuation is 6.4%.
The range of the Relative Valuation is 40.27 - 46.08 USD.
| Range | Selected | |
| Trailing P/E multiples | 13.2x - 15.1x | 14.0x |
| Forward P/E multiples | 10.5x - 11.8x | 10.8x |
| Fair Price | 40.27 - 46.08 | 42.60 |
| Upside | 0.6% - 15.2% | 6.4% |
| Date | P/E |
| 2025-01-17 | 13.16 |
| 2025-01-16 | 13.06 |
| 2025-01-15 | 13.19 |
| 2025-01-14 | 12.98 |
| 2025-01-13 | 12.61 |
| 2025-01-10 | 12.41 |
| 2025-01-08 | 12.65 |
| 2025-01-07 | 12.65 |
| 2025-01-06 | 12.80 |
| 2025-01-03 | 12.91 |
| 2025-01-02 | 12.77 |
| 2024-12-31 | 13.04 |
| 2024-12-30 | 13.08 |
| 2024-12-27 | 13.15 |
| 2024-12-26 | 13.41 |
| 2024-12-24 | 13.36 |
| 2024-12-23 | 13.24 |
| 2024-12-20 | 13.36 |
| 2024-12-19 | 13.19 |
| 2024-12-18 | 13.15 |
| 2024-12-17 | 13.97 |
| 2024-12-16 | 14.30 |
| 2024-12-13 | 14.11 |
| 2024-12-12 | 14.17 |
| 2024-12-11 | 14.32 |
| 2024-12-10 | 14.11 |
| 2024-12-09 | 13.98 |
| 2024-12-06 | 14.07 |
| 2024-12-05 | 14.15 |
| 2024-12-04 | 14.29 |
| 2024-12-03 | 14.04 |
| 2024-12-02 | 14.28 |
| 2024-11-29 | 14.30 |
| 2024-11-27 | 14.37 |
| 2024-11-26 | 14.47 |
| 2024-11-25 | 14.70 |
| 2024-11-22 | 14.40 |
| 2024-11-21 | 14.18 |
| 2024-11-20 | 13.96 |
| 2024-11-19 | 14.01 |
| 2024-11-18 | 14.15 |
| 2024-11-15 | 14.21 |
| 2024-11-14 | 14.20 |
| 2024-11-13 | 14.24 |
| 2024-11-12 | 14.56 |
| 2024-11-11 | 14.53 |
| 2024-11-08 | 14.03 |
| 2024-11-07 | 13.95 |
| 2024-11-06 | 14.19 |
| 2024-11-05 | 12.25 |