First Merchants (FRME) P/E Ratio
P/E Ratio as of Jul 2, 2025: 11.36
Average10.50
Median10.47
Minimum9.96
Maximum11.36
11.36
Past Month+0.74 (6.97%)
The P/E ratio for First Merchants (FRME) is 11.36 as of Jul 2, 2025. This represents a decrease of -6.35% compared to its 12-month average P/E ratio of 12.13. A higher P/E ratio suggests that investors expect strong future earnings growth, while a lower P/E ratio may indicate a potentially undervalued stock or slowing growth.
First Merchants P/E Ratio Formula = Stock Price ÷ Earnings Per Share (EPS)
First Merchants’s P/E ratio represents the valuation of the company based on its earnings. It’s calculated by dividing the company’s latest stock price by its diluted earnings per share (EPS) over the past 12 months. The P/E ratio helps investors assess how much they are paying for each dollar of earnings, offering valuable insights when comparing First Merchants to industry peers.
First Merchants P/E Ratio Formula = Stock Price ÷ Earnings Per Share (EPS)
First Merchants’s P/E ratio represents the valuation of the company based on its earnings. It’s calculated by dividing the company’s latest stock price by its diluted earnings per share (EPS) over the past 12 months. The P/E ratio helps investors assess how much they are paying for each dollar of earnings, offering valuable insights when comparing First Merchants to industry peers.
First Merchants (FRME) P/E Ratio Insights
See First Merchants’s latest P/E ratio, historical trends, and valuation insights with AI-powered fundamental data and custom analysis.
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First Merchants (FRME) P/E Ratio Historic Data
| Date | Stock price | P/E ratio |
|---|---|---|
| Jul 1, 2025 | $39.76 | 11.20 |
| Jun 2, 2025 | $37.22 | 10.48 |
| May 1, 2025 | $35.92 | 10.12 |
| Apr 1, 2025 | $40.19 | 11.79 |
| Mar 3, 2025 | $43.75 | 12.83 |
| Feb 3, 2025 | $44.10 | 12.92 |
| Jan 2, 2025 | $39.09 | 12.95 |
First Merchants (FRME) End of Year P/E Ratio
| Date | P/E ratio | Change |
|---|---|---|
| 2025 | 11.36 | -14.00% |
| 2024 | 13.21 | +49.94% |
| 2023 | 8.81 | -24.77% |
| 2022 | 11.71 | +6.45% |
| 2021 | 11.00 | -19.41% |
| 2020 | 13.65 | — |
FAQs About First Merchants (FRME) P/E ratio
The latest P/E ratio of First Merchants (FRME) is 11.36, as of Jul 2, 2025. This is calculated based on its current stock price and earnings per share (EPS).
First Merchants’s last 12-month average P/E ratio is 12.13, compared to its current P/E ratio of 11.36. This reflects a decrease of -6.35%.
First Merchants’s current P/E ratio of 11.36 is lower than its last 12-month average P/E of 12.13. A higher P/E can indicate strong future growth expectations, while a lower P/E might suggest undervaluation.
First Merchants’s average P/E ratio over the last 3 years is 10.27. Comparing this to the current P/E helps assess recent valuation trends and whether the stock is trading above or below its mid-term historical range.
First Merchants’s average P/E ratio over the last 5 years is 10.88. A deviation from this historical average may indicate shifts in growth expectations, profitability, or broader market conditions affecting valuation.