MRBK
Meridian
PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: MRBK
- PE Ratio
As of Jun 3, 2026, the MRBK stock has a PE ratio of 9.46. The calculation is based on the latest EPS of $1.89 and the stock price of $17.88 per share. An increase of 6% has been observed in the PE ratio compared to its average of 8.9 of the past four quarters.
MRBK PE ratio history
The mean historical PE ratio of Meridian over the last nine years is 10.16. The current 9.46 price-to-earnings ratio is 7% less than the historical average. Analyzing the last nine 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 |
|---|---|---|---|---|
| 2025 | 9.11 | -2.36% | $17.58 | $1.93 |
| 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 2026 | 10.03 | 10.1% | $18.96 | $1.89 |
| Dec 2025 | 9.11 | 3.88% | $17.58 | $1.93 |
| Sep 2025 | 8.77 | 11.58% | $15.79 | $1.8 |
| Jun 2025 | 7.86 | -21.4% | $12.89 | $1.64 |
| 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 |
MRBK Price vs fair value
MRBK 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, MRBK's PE ratio is higher than the 3 and 5-year averages.
PE comparison
With a price to earnings (P/E) of 9.46, MRBK stands lower than the Financial Services sector and the industry average. Looking at the Financial Services sector average of 12.1, Meridian's price to earnings (P/E) is 22% lower.
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 | 8.44 | $551.89M |
| MRBK Meridian Corp | 9.8 | $220.33M |
| NKSH National Bankshares Inc | 12.64 | $222.26M |
Frequently asked questions
What is Meridian's PE ratio?
The price to earnings ratio for MRBK stock as of Jun 3, 2026, stands at 9.46.
What is the 3-year average PE ratio for Meridian (MRBK)?
Over the last 3 years, the average PE ratio for MRBK stock is 9.31.
What is the 5-year average PE ratio for Meridian (MRBK)?
Over the last 5 years, the average PE ratio for MRBK stock is 8.1.
What is the highest PE ratio for MRBK?
The highest quarterly PE ratio in the last nine 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 7% below its 9-year historical average.
Why is Meridian's PE ratio so low?
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
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 (Jun 3, 2026), Meridian's share price is $17.88. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $1.89. Therefore, Meridian's price to earnings ratio for today is 9.46. PE RATIO(9.46) = STOCK PRICE($17.88) / TTM EPS($1.89)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.