ALRS
Alerus Financial
PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: ALRS
- PE Ratio
As of Jul 2, 2026, the Alerus Financial stock's PE ratio is 29.07. This takes into account the latest EPS of $1.07 and stock price of $31.11. The PE ratio marks an increase of 44% from its last 4 quarters average of 20.2.
ALRS PE ratio history
The PE ratio of Alerus Financial has averaged 20.63 over the last seven years. The current P/E ratio of 29.07 is 41% higher than the historical average. Looking back at the last seven 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 |
|---|---|---|---|---|
| 2025 | 32.64 | 42.53% | $22.52 | $0.69 |
| 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 |
|---|---|---|---|---|
| Mar 2026 | 22.16 | -32.11% | $23.71 | $1.07 |
| Dec 2025 | 32.64 | 181.62% | $22.52 | $0.69 |
| Sep 2025 | 11.59 | -19.12% | $22.14 | $1.91 |
| Jun 2025 | 14.33 | -20.03% | $21.64 | $1.51 |
| Mar 2025 | 17.92 | -21.75% | $18.46 | $1.03 |
| 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 |
ALRS Price vs fair value
ALRS average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, ALRS's PE ratio is higher than its 5-year average, but it is lower than its 3-year average.
PE comparison
With a price to earnings (P/E) of 29.07, ALRS ranks higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 13.27, Alerus Financial's price to earnings (P/E) is 119% higher.
ALRS PE vs peers
ALRS's PE ratio stands higher than its peer stocks COLB and GBCI. Alerus Financial is currently trading at a higher PE ratio (29.07) than its peers average of 14.35.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FULT Fulton Financial Corp | 11.43 | $4.61B |
| CAC Camden National Corp | 11.56 | $923.2M |
| COLB Columbia Banking System Inc | 12.34 | $9.18B |
| FIBK First Interstate Bancsystem Inc | 12.75 | $3.8B |
| WASH Washington Trust Bancorp Inc | 12.93 | $677.97M |
| BHB Bar Harbor Bankshares | 15.25 | $630.51M |
| GBCI Glacier Bancorp Inc | 24.2 | $6.74B |
| ALRS Alerus Financial Corp | 29.07 | $781.75M |
| SFNC Simmons First National Corp | N/A | $3.31B |
Frequently asked questions
What is Alerus Financial's PE ratio?
ALRS stock has a price to earnings ratio of 29.07 as of Jul 2, 2026.
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 36.33.
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 25.12.
What is the highest PE ratio for ALRS?
Over the last seven 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 41% above its 7-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 (Jul 2, 2026), Alerus Financial's share price is $31.11. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $1.07. Therefore, Alerus Financial's PE ratio for today is 29.07. PE RATIO(29.07) = STOCK PRICE($31.11) / TTM EPS($1.07)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.