P/E ratio for First Merchants Corporation (FRME)

P/E ratio history for First Merchants Corporation from 2001 to 2025

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Old National Bank ONB	12.0	32.16%	🇺🇸 USA
Lakeland Financial Corp LKFN	14.9	64.03%	🇺🇸 USA
German American Bancorp GABC	14.0	53.47%	🇺🇸 USA
First Financial THFF	10.9	19.41%	🇺🇸 USA
1st Source SRCE	11.3	23.88%	🇺🇸 USA
Horizon Bancorp HBNC	-4.06	-144.64%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.