As of 2025-12-16, the Relative Valuation of Merchants Bancorp (MBIN) is 94.65 USD. This relative valuation is based on P/E multiples. With the latest stock price at 36.72 USD, the upside of Merchants Bancorp based on Relative Valuation is 157.8%.
The range of the Relative Valuation is 70.70 - 131.29 USD.
| Range | Selected | |
| Trailing P/E multiples | 13.1x - 13.9x | 13.4x |
| Forward P/E multiples | 14.4x - 17.4x | 15.6x |
| Fair Price | 70.70 - 131.29 | 94.65 |
| Upside | 92.5% - 257.5% | 157.8% |
| Date | P/E |
| 2025-12-15 | 6.82 |
| 2025-12-12 | 6.73 |
| 2025-12-11 | 6.68 |
| 2025-12-10 | 6.62 |
| 2025-12-09 | 6.44 |
| 2025-12-08 | 6.36 |
| 2025-12-05 | 6.39 |
| 2025-12-04 | 6.44 |
| 2025-12-03 | 6.40 |
| 2025-12-02 | 6.13 |
| 2025-12-01 | 6.14 |
| 2025-11-28 | 6.08 |
| 2025-11-26 | 6.10 |
| 2025-11-25 | 6.07 |
| 2025-11-24 | 5.82 |
| 2025-11-21 | 5.84 |
| 2025-11-20 | 5.65 |
| 2025-11-19 | 5.78 |
| 2025-11-18 | 5.79 |
| 2025-11-17 | 5.79 |
| 2025-11-14 | 5.94 |
| 2025-11-13 | 5.96 |
| 2025-11-12 | 6.03 |
| 2025-11-11 | 5.93 |
| 2025-11-10 | 5.90 |
| 2025-11-07 | 5.86 |
| 2025-11-06 | 5.84 |
| 2025-11-05 | 5.94 |
| 2025-11-04 | 5.85 |
| 2025-11-03 | 5.83 |
| 2025-10-31 | 5.80 |
| 2025-10-30 | 5.81 |
| 2025-10-29 | 5.90 |
| 2025-10-28 | 6.02 |
| 2025-10-27 | 6.01 |
| 2025-10-24 | 6.11 |
| 2025-10-23 | 5.95 |
| 2025-10-22 | 6.03 |
| 2025-10-21 | 5.97 |
| 2025-10-20 | 5.85 |
| 2025-10-17 | 5.74 |
| 2025-10-16 | 5.80 |
| 2025-10-15 | 5.93 |
| 2025-10-14 | 6.05 |
| 2025-10-13 | 5.90 |
| 2025-10-10 | 5.80 |
| 2025-10-09 | 5.97 |
| 2025-10-08 | 5.98 |
| 2025-10-07 | 5.96 |
| 2025-10-06 | 5.99 |