As of 2024-07-27, the Relative Valuation of First Merchants Corp (FRME) is 46.96 USD. This relative valuation is based on P/E multiples. With the latest stock price at 41.35 USD, the upside of First Merchants Corp based on Relative Valuation is 13.6%.
The range of the Relative Valuation is 44.39 - 50.77 USD.
| Range | Selected | |
| Trailing P/E multiples | 12.5x - 14.3x | 13.3x |
| Forward P/E multiples | 11.3x - 12.1x | 11.7x |
| Fair Price | 44.39 - 50.77 | 46.96 |
| Upside | 7.3% - 22.8% | 13.6% |
| Date | P/E |
| 2024-07-26 | 11.66 |
| 2024-07-25 | 11.40 |
| 2024-07-24 | 11.18 |
| 2024-07-23 | 11.43 |
| 2024-07-22 | 11.10 |
| 2024-07-19 | 10.92 |
| 2024-07-18 | 10.86 |
| 2024-07-17 | 11.18 |
| 2024-07-16 | 10.86 |
| 2024-07-15 | 10.36 |
| 2024-07-12 | 9.98 |
| 2024-07-11 | 9.98 |
| 2024-07-10 | 9.51 |
| 2024-07-09 | 9.30 |
| 2024-07-08 | 9.17 |
| 2024-07-05 | 9.13 |
| 2024-07-03 | 9.25 |
| 2024-07-02 | 9.44 |
| 2024-07-01 | 9.25 |
| 2024-06-28 | 9.39 |
| 2024-06-27 | 9.12 |
| 2024-06-26 | 9.00 |
| 2024-06-25 | 8.87 |
| 2024-06-24 | 9.01 |
| 2024-06-21 | 8.90 |
| 2024-06-20 | 8.95 |
| 2024-06-18 | 8.95 |
| 2024-06-17 | 8.88 |
| 2024-06-14 | 8.76 |
| 2024-06-13 | 8.85 |
| 2024-06-12 | 9.01 |
| 2024-06-11 | 8.78 |
| 2024-06-10 | 8.76 |
| 2024-06-07 | 8.91 |
| 2024-06-06 | 9.11 |
| 2024-06-05 | 9.05 |
| 2024-06-04 | 8.95 |
| 2024-06-03 | 9.17 |
| 2024-05-31 | 9.32 |
| 2024-05-30 | 9.17 |
| 2024-05-29 | 9.09 |
| 2024-05-28 | 9.29 |
| 2024-05-24 | 9.40 |
| 2024-05-23 | 9.36 |
| 2024-05-22 | 9.68 |
| 2024-05-21 | 9.91 |
| 2024-05-20 | 9.87 |
| 2024-05-17 | 10.09 |
| 2024-05-16 | 10.02 |
| 2024-05-15 | 10.12 |