FRME
First Merchants Corp
Price:  
31.04 
USD
Volume:  
141,087.00
United States | Banks
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FRME Relative Valuation

23.7%
Upside

As of 2024-06-17, the Relative Valuation of First Merchants Corp (FRME) is 38.39 USD. This relative valuation is based on P/E multiples. With the latest stock price at 31.04 USD, the upside of First Merchants Corp based on Relative Valuation is 23.7%.

The range of the Relative Valuation is 34.18 - 41.89 USD.

Range Selected
Trailing P/E multiples 9.6x - 10.9x 10.6x
Forward P/E multiples 9.2x - 10.5x 9.8x
Fair Price 34.18 - 41.89 38.39
Upside 10.1% - 34.9% 23.7%
31.04 USD
Stock Price
38.39 USD
Fair Price

FRME Relative Valuation - Historical P/E Data

Date P/E
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
2024-05-14 10.00
2024-05-13 9.99
2024-05-10 10.12
2024-05-09 10.16
2024-05-08 10.06
2024-05-07 9.99
2024-05-06 9.87
2024-05-03 9.78
2024-05-02 9.70
2024-05-01 9.64
2024-04-30 9.43
2024-04-29 9.54
2024-04-26 9.63
2024-04-25 9.72
2024-04-24 9.89
2024-04-23 9.79
2024-04-22 9.59
2024-04-19 9.61
2024-04-18 9.29
2024-04-17 9.16
2024-04-16 9.17
2024-04-15 9.27
2024-04-12 9.34
2024-04-11 9.37
2024-04-10 9.28
2024-04-09 9.73
2024-04-08 9.60
2024-04-05 9.49