First Merchants Corporation
FRME
$34.69
Share price
0.87%
Change (1 day)
26.98%
Change (1 year)
Categories
First Merchants Corporation (FRME) - P/B ratio
P/B ratio as of May 2024 : 0.9070
According to First Merchants Corporation
's latest financial reports the company has a price-to-book ratio of 0.9070.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
First Merchants Corporation - P/B ratio (from 2001 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.9873 | -17.96% |
| 2022-12-31 | 1.20 | 2.87% |
| 2021-12-31 | 1.17 | 8.1% |
| 2020-12-31 | 1.08 | -16.05% |
| 2019-12-31 | 1.29 | 7.34% |
| 2018-12-31 | 1.20 | -24.27% |
| 2017-12-31 | 1.59 | -6.94% |
| 2016-12-31 | 1.70 | 40.2% |
| 2015-12-31 | 1.22 | 3.08% |
| 2014-12-31 | 1.18 | -8.28% |
| 2013-12-31 | 1.29 | 66.73% |
| 2012-12-31 | 0.7710 | 64.1% |
| 2011-12-31 | 0.4699 | -5.77% |
| 2010-12-31 | 0.4986 | 83.41% |
| 2009-12-31 | 0.2719 | -73.5% |
| 2008-12-31 | 1.03 | -13.94% |
| 2007-12-31 | 1.19 | -22.19% |
| 2006-12-31 | 1.53 | 0.25% |
| 2005-12-31 | 1.53 | -9.04% |
| 2004-12-31 | 1.68 | 8.11% |
| 2003-12-31 | 1.55 | 9.07% |
| 2002-12-31 | 1.42 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Old National Bank
ONB | 0.9765 | 7.66% | 🇺🇸 USA |
 Lakeland Financial Corp LKFN | 2.41 | 165.21% | 🇺🇸 USA |
 German American Bancorp GABC | 1.43 | 57.54% | 🇺🇸 USA |
 First Financial THFF | 0.8393 | -7.47% | 🇺🇸 USA |
 1st Source
SRCE | 1.18 | 30.52% | 🇺🇸 USA |
 Horizon Bancorp HBNC | 0.7616 | -16.03% | 🇺🇸 USA |