FRME
First Merchants Corp
Price:  
37.25 
USD
Volume:  
221,761.00
United States | Banks
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FRME Relative Valuation

25.7%
Upside

As of 2025-06-24, the Relative Valuation of First Merchants Corp (FRME) is 46.83 USD. This relative valuation is based on P/E multiples. With the latest stock price at 37.25 USD, the upside of First Merchants Corp based on Relative Valuation is 25.7%.

The range of the Relative Valuation is 40.74 - 51.28 USD.

Range Selected
Trailing P/E multiples 12.2x - 14.3x 13.8x
Forward P/E multiples 11.0x - 12.4x 11.9x
Fair Price 40.74 - 51.28 46.83
Upside 9.4% - 37.7% 25.7%
37.25 USD
Stock Price
46.83 USD
Fair Price

FRME Relative Valuation - Historical P/E Data

Date P/E
2025-06-24 10.40
2025-06-23 10.36
2025-06-20 10.03
2025-06-18 9.98
2025-06-17 9.88
2025-06-16 9.97
2025-06-13 10.05
2025-06-12 10.34
2025-06-11 10.42
2025-06-10 10.55
2025-06-09 10.40
2025-06-06 10.32
2025-06-05 10.21
2025-06-04 10.28
2025-06-03 10.54
2025-06-02 10.39
2025-05-30 10.53
2025-05-29 10.58
2025-05-28 10.49
2025-05-27 10.70
2025-05-23 10.43
2025-05-22 10.51
2025-05-21 10.54
2025-05-20 10.94
2025-05-19 10.99
2025-05-16 10.94
2025-05-15 10.97
2025-05-14 10.91
2025-05-13 10.99
2025-05-12 10.95
2025-05-09 10.54
2025-05-08 10.60
2025-05-07 10.38
2025-05-06 10.28
2025-05-05 10.34
2025-05-02 10.34
2025-05-01 10.03
2025-04-30 9.95
2025-04-29 10.03
2025-04-28 9.94
2025-04-25 9.93
2025-04-24 10.19
2025-04-23 10.31
2025-04-22 10.12
2025-04-21 9.75
2025-04-17 9.92
2025-04-16 9.90
2025-04-15 9.82
2025-04-14 9.60
2025-04-11 9.53