MRBK Meridian PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: MRBK
- PE Ratio
As of Aug 5, 2025, the MRBK stock has a PE ratio of 10.09. The calculation is based on the latest EPS of $1.44 and the stock price of $14.53 per share. A decrease of 6% has been observed in the PE ratio compared to its average of 10.7 of the past four quarters.
MRBK PE ratio history
The mean historical PE ratio of Meridian over the last eight years is 10.33. The current 10.09 price-to-earnings ratio is 2.3% less than the historical average. Analyzing the last eight years, MRBK's PE ratio reached its highest point in the Dec 2017 quarter at 39.96, with a price of $9.99 and an EPS of $0.25. The Jun 2021 quarter saw the lowest point at 4.32, with a price of $13.13 and an EPS of $3.04.
Meridian PE ratio by year
Maximum annual increase: 42.61% in 2023
Maximum annual decrease: -66.44% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 9.33 | -20.12% | $13.71 | $1.47 |
| 2023 | 11.68 | 42.61% | $13.9 | $1.19 |
| 2022 | 8.19 | 31.88% | $15.15 | $1.85 |
| 2021 | 6.21 | 29.11% | $18.39 | $2.96 |
| 2020 | 4.81 | -60.93% | $10.4 | $2.16 |
| 2019 | 12.31 | -8.2% | $10.1 | $0.82 |
| 2018 | 13.41 | -66.44% | $8.59 | $0.64 |
| 2017 | 39.96 | N/A | $9.99 | $0.25 |
Meridian PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 10 | 7.18% | $14.4 | $1.44 |
| Dec 2024 | 9.33 | -24.7% | $13.71 | $1.47 |
| Sep 2024 | 12.39 | 11.92% | $12.64 | $1.02 |
| Jun 2024 | 11.07 | 19.42% | $10.52 | $0.95 |
| Mar 2024 | 9.27 | -20.63% | $9.92 | $1.07 |
| Dec 2023 | 11.68 | 83.65% | $13.9 | $1.19 |
| Sep 2023 | 6.36 | 8.35% | $9.8 | $1.54 |
| Jun 2023 | 5.87 | -18.92% | $9.8 | $1.67 |
| Mar 2023 | 7.24 | -11.6% | $12.6 | $1.74 |
| Dec 2022 | 8.19 | 17.34% | $15.15 | $1.85 |
| Sep 2022 | 6.98 | 9.58% | $14.59 | $2.09 |
| Jun 2022 | 6.37 | 2.41% | $15.15 | $2.38 |
| Mar 2022 | 6.22 | 0.16% | $16.05 | $2.58 |
| Dec 2021 | 6.21 | 32.41% | $18.39 | $2.96 |
| Sep 2021 | 4.69 | 8.56% | $14.37 | $3.06 |
MRBK Price vs fair value
MRBK average PE ratio chart
Currently, MRBK's PE ratio is higher than the 3 and 5-year averages.
MRBK PE vs peers
MRBK's PE ratio is less than its peer stock NKSH, but it is above NRIM's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NRIM Northrim Bancorp Inc | 10 | $449.1M |
| MRBK Meridian Corp | 10.1 | $164.2M |
| NKSH National Bankshares Inc | 20.41 | $179.19M |
Frequently asked questions
What is Meridian's PE ratio?
The price to earnings ratio for MRBK stock as of Aug 5, 2025, stands at 10.09.
What is the 3-year average PE ratio for Meridian (MRBK)?
Over the last 3 years, the average PE ratio for MRBK stock is 8.94.
What is the 5-year average PE ratio for Meridian (MRBK)?
Over the last 5 years, the average PE ratio for MRBK stock is 7.39.
What is the highest PE ratio for MRBK?
The highest quarterly PE ratio in the last eight years has been 39.96 and it was in the Dec 2017 quarter.
How does the current PE ratio for MRBK compare to its historical average?
MRBK's current price to earnings ratio is 2.3% below its 8-year historical average.
How is MRBK's PE ratio calculated (Meridian PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Aug 5, 2025), Meridian's share price is $14.53. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $1.44. Therefore, Meridian's price to earnings ratio for today is 10.09. PE RATIO(10.09) = STOCK PRICE($14.53) / TTM EPS($1.44)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.