As of 2025-10-16, the Relative Valuation of Merchants Bancorp (MBIN) is 107.30 USD. This relative valuation is based on P/E multiples. With the latest stock price at 31.93 USD, the upside of Merchants Bancorp based on Relative Valuation is 236.0%.
The range of the Relative Valuation is 72.22 - 149.56 USD.
| Range | Selected | |
| Trailing P/E multiples | 13.1x - 13.7x | 13.5x |
| Forward P/E multiples | 15.6x - 19.1x | 17.9x |
| Fair Price | 72.22 - 149.56 | 107.30 |
| Upside | 126.2% - 368.4% | 236.0% |
| Date | P/E |
| 2025-10-14 | 5.90 |
| 2025-10-13 | 5.76 |
| 2025-10-10 | 5.66 |
| 2025-10-09 | 5.83 |
| 2025-10-08 | 5.84 |
| 2025-10-07 | 5.82 |
| 2025-10-06 | 5.84 |
| 2025-10-03 | 5.84 |
| 2025-10-02 | 5.80 |
| 2025-10-01 | 5.80 |
| 2025-09-30 | 5.77 |
| 2025-09-29 | 5.81 |
| 2025-09-26 | 5.81 |
| 2025-09-25 | 5.82 |
| 2025-09-24 | 5.81 |
| 2025-09-23 | 5.76 |
| 2025-09-22 | 5.80 |
| 2025-09-19 | 5.84 |
| 2025-09-18 | 5.99 |
| 2025-09-17 | 5.73 |
| 2025-09-16 | 5.71 |
| 2025-09-15 | 5.84 |
| 2025-09-12 | 5.92 |
| 2025-09-11 | 5.82 |
| 2025-09-10 | 5.72 |
| 2025-09-09 | 5.77 |
| 2025-09-08 | 5.96 |
| 2025-09-05 | 5.95 |
| 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 | 5.60 |
| 2025-08-08 | 5.58 |
| 2025-08-07 | 5.45 |
| 2025-08-06 | 5.58 |
| 2025-08-05 | 5.59 |