FRME
First Merchants Corp
Price:  
32.76 
USD
Volume:  
189,120.00
United States | Banks
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FRME Relative Valuation

11.2%
Upside

As of 2024-03-01, the Relative Valuation of First Merchants Corp (FRME) is 36.41 USD. This relative valuation is based on P/E multiples. With the latest stock price at 32.76 USD, the upside of First Merchants Corp based on Relative Valuation is 11.2%.

The range of the Relative Valuation is 34.14 - 39.01 USD.

Range Selected
Trailing P/E multiples 9.1x - 10.1x 9.6x
Forward P/E multiples 9.1x - 9.9x 9.4x
Fair Price 34.14 - 39.01 36.41
Upside 4.2% - 19.1% 11.2%
32.76 USD
Stock Price
36.41 USD
Fair Price

FRME Relative Valuation - Historical P/E Data

Date P/E
2024-03-01 8.69
2024-02-29 8.81
2024-02-28 8.79
2024-02-27 8.89
2024-02-26 8.93
2024-02-23 9.06
2024-02-22 8.99
2024-02-21 9.04
2024-02-20 9.03
2024-02-16 9.13
2024-02-15 9.26
2024-02-14 8.93
2024-02-13 8.71
2024-02-12 9.15
2024-02-09 8.98
2024-02-08 8.91
2024-02-07 8.93
2024-02-06 8.89
2024-02-05 8.82
2024-02-02 8.95
2024-02-01 8.94
2024-01-31 8.97
2024-01-30 9.30
2024-01-29 9.35
2024-01-26 9.25
2024-01-25 9.26
2024-01-24 9.54
2024-01-23 9.54
2024-01-22 9.69
2024-01-19 9.41
2024-01-18 9.23
2024-01-17 9.16
2024-01-16 9.11
2024-01-12 9.24
2024-01-11 9.34
2024-01-10 9.45
2024-01-09 9.46
2024-01-08 9.58
2024-01-05 9.60
2024-01-04 9.53
2024-01-03 9.47
2024-01-02 9.86
2023-12-29 9.84
2023-12-28 9.98
2023-12-27 10.07
2023-12-26 10.03
2023-12-22 9.90
2023-12-21 9.81
2023-12-20 9.75
2023-12-19 9.88