ALRS Alerus Financial PE ratio, current and historical analysis
As of Oct 17, 2024, the Alerus Financial stock's PE ratio is 65.84. This takes into account the latest EPS of $0.37 and stock price of $24.36. The PE ratio marks an increase of 84% from its last 4 quarters average of 35.9.
ALRS PE ratio history
The PE ratio of Alerus Financial has averaged 15.04 over the last six years. The current P/E ratio of 65.84 is similar to the historical average. Looking back at the last six years, ALRS's PE ratio peaked in the Jun 2024 quarter at 53, when the price was $19.61 and the EPS was $0.37. The lowest point was in the Sep 2020 quarter, when it reached 8.13 with a price of $19.6 and an EPS of $2.41.
Alerus Financial PE ratio by year
Maximum annual increase: 244.69% in 2023
Maximum annual decrease: -8.92% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 37.95 | 244.69% |
| 2022 | 11.01 | 13.51% |
| 2021 | 9.7 | -8.92% |
| 2020 | 10.65 | -8.66% |
| 2019 | 11.66 | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
ALRS average PE ratio chart
Currently, ALRS's PE ratio is higher than its 3 and 5-year averages.
ALRS PE vs peers
ALRS's PE ratio stands higher than its peer stocks COLB and GBCI. Alerus Financial's current PE ratio of 65.84 is similar to the average of its peers, which is 15.56.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FULT Fulton Financial Corp | 10.91 | $3.35B |
| BHB Bar Harbor Bankshares | 11.73 | $485.19M |
| COLB Columbia Banking System Inc | 12.18 | $5.82B |
| WASH Washington Trust Bancorp Inc | 12.57 | $574.87M |
| FIBK First Interstate Bancsystem Inc | 13.46 | $3.43B |
| CAC Camden National Corp | 14.37 | $626.41M |
| SFNC Simmons First National Corp | 19.26 | $2.93B |
| GBCI Glacier Bancorp Inc | 29.96 | $5.57B |
| ALRS Alerus Financial Corp | 65.84 | $481.79M |
Frequently asked questions
What is Alerus Financial's PE ratio?
ALRS stock has a price to earnings ratio of 65.84 as of Oct 17, 2024.
What is the 3-year average PE ratio for Alerus Financial (ALRS)?
Over the last 3 years, the average price to earnings ratio for ALRS stock is 19.17.
What is the 5-year average PE ratio for Alerus Financial (ALRS)?
Over the last 5 years, the average price to earnings ratio for ALRS stock is 15.26.
What is the highest PE ratio for ALRS?
Within the last six years, the current PE ratio is at its peak with a value of 65.84.
How does the current PE ratio for ALRS compare to its historical average?
ALRS's price to earnings ratio is currently 338% above its 6-year historical average.
How is ALRS's PE ratio calculated (Alerus Financial PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Oct 17, 2024), Alerus Financial's share price is $24.36. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $0.37. Therefore, Alerus Financial's PE ratio for today is 65.84. PE RATIO(65.84) = STOCK PRICE($24.36) / TTM EPS($0.37)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.