As of 2026-09-12, the Relative Valuation of Merchants Bancorp (MBIN) is 65.03 USD. This relative valuation is based on P/E multiples. With the latest stock price at 53.15 USD, the upside of Merchants Bancorp based on Relative Valuation is 22.4%.
The range of the Relative Valuation is 52.57 - 73.04 USD.
| Range | Selected | |
| Trailing P/E multiples | 10.6x - 14.7x | 12.5x |
| Forward P/E multiples | 11.4x - 14.0x | 13.0x |
| Fair Price | 52.57 - 73.04 | 65.03 |
| Upside | -1.1% - 37.4% | 22.4% |
| Date | P/E |
| 2026-09-04 | 10.60 |
| 2026-09-03 | 10.59 |
| 2026-09-02 | 10.58 |
| 2026-09-01 | 10.41 |
| 2026-08-31 | 10.59 |
| 2026-08-28 | 10.75 |
| 2026-08-27 | 10.72 |
| 2026-08-26 | 10.77 |
| 2026-08-25 | 10.77 |
| 2026-08-24 | 10.88 |
| 2026-08-21 | 11.01 |
| 2026-08-20 | 10.89 |
| 2026-08-19 | 10.77 |
| 2026-08-18 | 10.95 |
| 2026-08-17 | 10.98 |
| 2026-08-14 | 11.05 |
| 2026-08-13 | 11.14 |
| 2026-08-12 | 11.04 |
| 2026-08-11 | 10.96 |
| 2026-08-10 | 10.87 |
| 2026-08-07 | 10.92 |
| 2026-08-06 | 10.88 |
| 2026-08-05 | 11.18 |
| 2026-08-04 | 11.19 |
| 2026-08-03 | 11.21 |
| 2026-07-31 | 11.11 |
| 2026-07-30 | 11.17 |
| 2026-07-29 | 10.92 |
| 2026-07-28 | 9.82 |
| 2026-07-27 | 9.73 |
| 2026-07-24 | 9.60 |
| 2026-07-23 | 9.39 |
| 2026-07-22 | 9.69 |
| 2026-07-21 | 9.86 |
| 2026-07-20 | 9.84 |
| 2026-07-17 | 10.00 |
| 2026-07-16 | 10.13 |
| 2026-07-15 | 9.96 |
| 2026-07-14 | 9.78 |
| 2026-07-13 | 9.59 |
| 2026-07-10 | 9.66 |
| 2026-07-09 | 9.62 |
| 2026-07-08 | 9.39 |
| 2026-07-07 | 9.55 |
| 2026-07-06 | 9.64 |
| 2026-07-02 | 9.83 |
| 2026-07-01 | 10.01 |
| 2026-06-30 | 10.06 |
| 2026-06-29 | 10.14 |
| 2026-06-26 | 10.06 |