ALRS Alerus Financial PE ratio, current and historical analysis
As of Feb 4, 2025, the Alerus Financial stock's PE ratio is 127.76. This takes into account the latest EPS of $0.17 and stock price of $21.72. The PE ratio marks an increase of 90% from its last 4 quarters average of 67.1.
ALRS PE ratio history
The PE ratio of Alerus Financial has averaged 20.73 over the last six years. The current P/E ratio of 127.76 is similar to 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: -8.92% in 2021
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|
| 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 |
| Mar 2021 | 9.51 | -10.7% | $29.78 | $3.13 |
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 127.76 is similar to the average of its peers, which is 16.27.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BHB Bar Harbor Bankshares | 11.46 | $486.28M |
| COLB Columbia Banking System Inc | 12.03 | $5.88B |
| WASH Washington Trust Bancorp Inc | 12.52 | $570.48M |
| FULT Fulton Financial Corp | 12.69 | $3.7B |
| CAC Camden National Corp | 14.15 | $664.14M |
| FIBK First Interstate Bancsystem Inc | 14.23 | $3.39B |
| SFNC Simmons First National Corp | 22.32 | $2.89B |
| GBCI Glacier Bancorp Inc | 30.72 | $5.64B |
| ALRS Alerus Financial Corp | 127.76 | $550.35M |
Frequently asked questions
What is Alerus Financial's PE ratio?
ALRS stock has a price to earnings ratio of 127.76 as of Feb 4, 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 30.52.
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 21.73.
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 516% above its 6-year historical average.
Why is Alerus Financial's PE ratio so high?
ALRS's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.
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 (Feb 4, 2025), Alerus Financial's share price is $21.72. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.17. Therefore, Alerus Financial's PE ratio for today is 127.76. PE RATIO(127.76) = STOCK PRICE($21.72) / TTM EPS($0.17)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.