P/E ratio for Merchants Bancorp (MBIN)
P/E ratio as of April 2024 (TTM): 7.90
According to Merchants Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.90154. At the end of 2022 the company had a P/E ratio of 5.42.
P/E ratio history for Merchants Bancorp from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.42 | -18.08% |
| 2021 | 6.61 | 38.31% |
| 2020 | 4.78 | -42.52% |
| 2019 | 8.32 | -13.34% |
| 2018 | 9.60 | 5.78% |
| 2017 | 9.07 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Northeast Bank NBN | 9.11 | 15.33% | 🇺🇸 USA |
 National Bank Holdings
NBHC | 10.4 | 31.53% | 🇺🇸 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.