As of 2026-03-16, the Relative Valuation of Merchants Bancorp (MBIN) is 61.09 USD. This relative valuation is based on P/E multiples. With the latest stock price at 41.66 USD, the upside of Merchants Bancorp based on Relative Valuation is 46.6%.
The range of the Relative Valuation is 55.26 - 68.70 USD.
| Range | Selected | |
| Trailing P/E multiples | 11.7x - 13.3x | 12.6x |
| Forward P/E multiples | 10.4x - 12.9x | 11.6x |
| Fair Price | 55.26 - 68.70 | 61.09 |
| Upside | 32.7% - 64.9% | 46.6% |
| Date | P/E |
| 2026-03-13 | 8.74 |
| 2026-03-12 | 8.86 |
| 2026-03-11 | 8.82 |
| 2026-03-10 | 8.79 |
| 2026-03-09 | 8.79 |
| 2026-03-06 | 8.71 |
| 2026-03-05 | 8.76 |
| 2026-03-04 | 8.91 |
| 2026-03-03 | 9.03 |
| 2026-03-02 | 9.10 |
| 2026-02-27 | 8.87 |
| 2026-02-26 | 9.22 |
| 2026-02-25 | 9.08 |
| 2026-02-24 | 8.93 |
| 2026-02-23 | 9.07 |
| 2026-02-20 | 9.51 |
| 2026-02-19 | 9.45 |
| 2026-02-18 | 9.74 |
| 2026-02-17 | 9.91 |
| 2026-02-13 | 9.99 |
| 2026-02-12 | 9.91 |
| 2026-02-11 | 9.77 |
| 2026-02-10 | 9.72 |
| 2026-02-09 | 9.45 |
| 2026-02-06 | 8.91 |
| 2026-02-05 | 8.85 |
| 2026-02-04 | 8.97 |
| 2026-02-03 | 8.82 |
| 2026-02-02 | 8.94 |
| 2026-01-30 | 8.70 |
| 2026-01-29 | 8.48 |
| 2026-01-28 | 7.33 |
| 2026-01-27 | 7.41 |
| 2026-01-26 | 7.42 |
| 2026-01-23 | 7.31 |
| 2026-01-22 | 7.64 |
| 2026-01-21 | 7.50 |
| 2026-01-20 | 7.20 |
| 2026-01-16 | 7.42 |
| 2026-01-15 | 7.48 |
| 2026-01-14 | 7.39 |
| 2026-01-13 | 7.26 |
| 2026-01-12 | 7.31 |
| 2026-01-09 | 7.52 |
| 2026-01-08 | 7.52 |
| 2026-01-07 | 7.29 |
| 2026-01-06 | 7.40 |
| 2026-01-05 | 7.23 |
| 2026-01-02 | 6.96 |
| 2025-12-31 | 7.14 |