MBINMerchants Bancorp

$48.94+53% 1Y

Is the price fair?

Watch

At the top of its own P/E range. That is the only one of 3 checks this filer's data supports, so take it as a single data point rather than a settled answer.

1 to watch, 2 without data
Vs its own P/E rangedearer than 86% of its own historyderived

Expensive vs its own history: P/E 9.8 vs a 6.6 median over 35 quarters (+48% vs median).

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

P/E (valuation)top 10% of the market

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What MBIN's price assumes

Merchants Bancorp trades at 9.83× earnings against 11.8× for the median Banks - Regional name, cheaper than its own group.

9.83

Trailing P/E · Banks - Regional median 11.8 · cheaper than the typical name in its group

Price / sales
1.96

Price / sales · as of 2026-Q2

Price / book
0.96

Price / book · as of 2026-Q2

Details›
Price / bookas of 2026-Q2
0.96
Financial Services median P/E625 names
12.1
Banks - Regional median P/E234 names
11.8
Market capitalisation
$2.30B
What the market has paid for these earnings: 35 quarters of its own multiple × $4.98 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$26.03
Its own P/E history, median$32.99
Its own P/E history, upper quartile$40.39
52-week range$30.19 – $55.64
Today$48.94

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.