As of 2025-09-16, the Relative Valuation of Merchants Bancorp (MBIN) is 107.15 USD. This relative valuation is based on P/E multiples. With the latest stock price at 32.22 USD, the upside of Merchants Bancorp based on Relative Valuation is 232.6%.
The range of the Relative Valuation is 76.71 - 150.63 USD.
| Range | Selected | |
| Trailing P/E multiples | 13.9x - 14.2x | 14.0x |
| Forward P/E multiples | 15.5x - 19.2x | 17.5x |
| Fair Price | 76.71 - 150.63 | 107.15 |
| Upside | 138.1% - 367.5% | 232.6% |
| Date | P/E |
| 2025-09-11 | 5.82 |
| 2025-09-10 | 5.73 |
| 2025-09-09 | 5.77 |
| 2025-09-08 | 5.96 |
| 2025-09-05 | 5.96 |
| 2025-09-04 | 5.98 |
| 2025-09-03 | 5.83 |
| 2025-09-02 | 5.87 |
| 2025-08-29 | 5.88 |
| 2025-08-28 | 5.90 |
| 2025-08-27 | 5.98 |
| 2025-08-26 | 5.95 |
| 2025-08-25 | 5.86 |
| 2025-08-22 | 6.04 |
| 2025-08-21 | 5.75 |
| 2025-08-20 | 5.88 |
| 2025-08-19 | 5.87 |
| 2025-08-18 | 5.85 |
| 2025-08-15 | 5.80 |
| 2025-08-14 | 5.99 |
| 2025-08-13 | 6.01 |
| 2025-08-12 | 5.86 |
| 2025-08-11 | 5.61 |
| 2025-08-08 | 5.58 |
| 2025-08-07 | 5.46 |
| 2025-08-06 | 5.58 |
| 2025-08-05 | 5.59 |
| 2025-08-04 | 5.48 |
| 2025-08-01 | 5.30 |
| 2025-07-31 | 5.32 |
| 2025-07-30 | 5.63 |
| 2025-07-29 | 5.67 |
| 2025-07-28 | 6.36 |
| 2025-07-25 | 6.30 |
| 2025-07-24 | 6.26 |
| 2025-07-23 | 6.45 |
| 2025-07-22 | 6.32 |
| 2025-07-21 | 6.28 |
| 2025-07-18 | 6.32 |
| 2025-07-17 | 6.38 |
| 2025-07-16 | 6.26 |
| 2025-07-15 | 6.16 |
| 2025-07-14 | 6.43 |
| 2025-07-11 | 6.34 |
| 2025-07-10 | 6.53 |
| 2025-07-09 | 6.43 |
| 2025-07-08 | 6.46 |
| 2025-07-07 | 6.33 |
| 2025-07-03 | 6.47 |
| 2025-07-02 | 6.39 |