ALRS Alerus Financial PE ratio, current and historical analysis
As of Apr 1, 2025, the Alerus Financial stock's PE ratio is 21.94. This takes into account the latest EPS of $0.84 and stock price of $18.43. The PE ratio marks a decrease of 65% from its last 4 quarters average of 63.3.
ALRS PE ratio history
The PE ratio of Alerus Financial has averaged 20.83 over the last six years. The current P/E ratio of 21.94 is 5% higher than the historical average. Looking back at the last six years, ALRS's PE ratio peaked in the Sep 2024 quarter at 134.59, when the price was $22.88 and the EPS was $0.17. 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: -39.66% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 22.9 | -39.66% | $19.24 | $0.84 |
| 2023 | 37.95 | 244.69% | $22.39 | $0.59 |
| 2022 | 11.01 | 13.51% | $23.35 | $2.12 |
| 2021 | 9.7 | -8.92% | $29.28 | $3.02 |
| 2020 | 10.65 | -8.66% | $27.37 | $2.57 |
| 2019 | 11.66 | N/A | $22.85 | $1.96 |
| 2018 | N/A | N/A | N/A | $1.88 |
| 2017 | N/A | N/A | N/A | $1.1 |
| 2016 | N/A | N/A | N/A | $1.04 |
Alerus Financial PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 22.9 | -82.99% | $19.24 | $0.84 |
| Sep 2024 | 134.59 | 153.94% | $22.88 | $0.17 |
| Jun 2024 | 53 | 23.83% | $19.61 | $0.37 |
| Mar 2024 | 42.8 | 12.78% | $21.83 | $0.51 |
| Dec 2023 | 37.95 | 288.43% | $22.39 | $0.59 |
| Sep 2023 | 9.77 | 2.2% | $18.18 | $1.86 |
| Jun 2023 | 9.56 | 16.73% | $17.98 | $1.88 |
| Mar 2023 | 8.19 | -25.61% | $16.05 | $1.96 |
| Dec 2022 | 11.01 | 15.53% | $23.35 | $2.12 |
| Sep 2022 | 9.53 | 3.7% | $22.1 | $2.32 |
| Jun 2022 | 9.19 | -9.19% | $23.81 | $2.59 |
| Mar 2022 | 10.12 | 4.33% | $27.64 | $2.73 |
| Dec 2021 | 9.7 | -6.55% | $29.28 | $3.02 |
| Sep 2021 | 10.38 | 12.34% | $29.88 | $2.88 |
| Jun 2021 | 9.24 | -2.84% | $29.01 | $3.14 |
ALRS average PE ratio chart
Currently, ALRS's PE ratio is lower than its 3 and 5-year averages.
ALRS PE vs peers
ALRS's PE ratio stands lower than its peer stock GBCI, but it is higher than COLB's and FULT's. Alerus Financial is currently trading at a higher PE ratio (21.94) than its peers average of 14.04.
| Stock name | PE ratio | Market cap |
|---|---|---|
| COLB Columbia Banking System Inc | 9.67 | $5.19B |
| BHB Bar Harbor Bankshares | 10.43 | $456.76M |
| CAC Camden National Corp | 11.08 | $678.47M |
| FULT Fulton Financial Corp | 11.2 | $3.24B |
| FIBK First Interstate Bancsystem Inc | 12.96 | $2.97B |
| SFNC Simmons First National Corp | 16.71 | $2.57B |
| ALRS Alerus Financial Corp | 21.94 | $467.44M |
| GBCI Glacier Bancorp Inc | 26.23 | $5B |
| WASH Washington Trust Bancorp Inc | N/A | $575.59M |
Frequently asked questions
What is Alerus Financial's PE ratio?
ALRS stock has a price to earnings ratio of 21.94 as of Apr 1, 2025.
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 31.68.
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 22.46.
What is the highest PE ratio for ALRS?
Over the last six years, the quarterly PE ratio reached its highest level at 134.59 in the Sep 2024 quarter.
How does the current PE ratio for ALRS compare to its historical average?
ALRS's price to earnings ratio is currently 5% 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 (Apr 1, 2025), Alerus Financial's share price is $18.43. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $0.84. Therefore, Alerus Financial's PE ratio for today is 21.94. PE RATIO(21.94) = STOCK PRICE($18.43) / TTM EPS($0.84)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.