As of 2025-11-07, the Relative Valuation of Merchants Bancorp (MBIN) is 88.65 USD. This relative valuation is based on P/E multiples. With the latest stock price at 31.45 USD, the upside of Merchants Bancorp based on Relative Valuation is 181.9%.
The range of the Relative Valuation is 63.37 - 121.04 USD.
| Range | Selected | |
| Trailing P/E multiples | 11.5x - 12.7x | 12.3x |
| Forward P/E multiples | 13.1x - 16.8x | 15.2x |
| Fair Price | 63.37 - 121.04 | 88.65 |
| Upside | 101.5% - 284.9% | 181.9% |
| Date | P/E |
| 2025-11-06 | 5.70 |
| 2025-11-05 | 5.80 |
| 2025-11-04 | 5.71 |
| 2025-11-03 | 5.69 |
| 2025-10-31 | 5.66 |
| 2025-10-30 | 5.67 |
| 2025-10-29 | 5.76 |
| 2025-10-28 | 5.88 |
| 2025-10-27 | 5.87 |
| 2025-10-24 | 5.97 |
| 2025-10-23 | 5.81 |
| 2025-10-22 | 5.89 |
| 2025-10-21 | 5.83 |
| 2025-10-20 | 5.71 |
| 2025-10-17 | 5.61 |
| 2025-10-16 | 5.66 |
| 2025-10-15 | 5.79 |
| 2025-10-14 | 5.91 |
| 2025-10-13 | 5.76 |
| 2025-10-10 | 5.67 |
| 2025-10-09 | 5.83 |
| 2025-10-08 | 5.84 |
| 2025-10-07 | 5.82 |
| 2025-10-06 | 5.85 |
| 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 | 5.82 |
| 2025-09-25 | 5.82 |
| 2025-09-24 | 5.81 |
| 2025-09-23 | 5.76 |
| 2025-09-22 | 5.81 |
| 2025-09-19 | 5.85 |
| 2025-09-18 | 5.99 |
| 2025-09-17 | 5.73 |
| 2025-09-16 | 5.71 |
| 2025-09-15 | 5.85 |
| 2025-09-12 | 5.92 |
| 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 |