Merchants Financial Group, Inc.
Merchants Financial Group, Inc. (MFGI) PE Ratio — Current & Historical Data
Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.
mfgi · pe ratio · data through Dec 31, 2025
Core PE Ratio Metrics
Trailing 12 months · TTMThe price-to-earnings (P/E) ratio for Merchants Financial Group, Inc. (MFGI) measures how much investors pay for each dollar of the company's trailing earnings. MFGI's current PE ratio of 9.22x is calculated by dividing its stock price of $38.45 by its TTM earnings per share of $4.17. +13.3% elevated vs 5Y avg 8.1x
Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31
PE Ratio History
2013 – 2025 · Annual▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)
Historical PE Range
Past 13 fiscal years · Front-end computedMinQ1 · 25%8.3x
MedianQ3 · 75%10.8x
Max
At 9.22x, MFGI's current P/E is within its average historical range over the past 13 fiscal years.
Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.
PE Ratio vs Peers
Banks - Regional · 6 peers · Annual PE| Company | Market Cap | PE (Annual) | vs Avg | EPS (TTM) |
|---|---|---|---|---|
Merchants Financial Group, Inc.You MFGI | $314M | 9.22x | -6.2% | $4.17 |
 BankFirst Capital Corporation BFCC | $331M | 9.00x | -8.5% | $5.28 |
 Exchange Bank (Santa Rosa, CA) EXSR | $276M | 7.44x | -24.4% | $17.48 |
 First Farmers and Merchants Corporation FFMH | $229M | 10.55x | +7.3% | $4.65 |
 First Citizens Bancshares, Inc. FIZN | $288M | 11.95x | +21.5% | $4.52 |
 First Northern Community Bancorp FNRN | $286M | 10.05x | +2.2% | $1.33 |
 Morris State Bancshares, Inc. MBLU | $266M | 10.01x | +1.8% | $2.49 |
Industry Average 6 peers with valid PE | — | 9.83x | baseline | — |
* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio
Annual PE Ratio History
| Fiscal Year End | PE Ratio | EPS (TTM) | YoY Change | PE vs Max |
|---|---|---|---|---|
2025-12-31Latest FY2025 | 8.08x | $3.96 | -25.1% | |
2024-12-31 FY2024 | 10.80x | $2.34 | +46.6% | |
2023-12-31 FY2023 | 7.36x | $3.23 | -2.5% | |
2022-12-31 FY2022 | 7.55x | $3.85 | +9.3% | |
2021-12-31 FY2021 | 6.91x | $3.63 | -13.1% | |
2020-12-31 FY2020 | 7.94x | $2.70 | -19.8% | |
2019-12-31 FY2019 | 9.90x | $2.47 | -2.0% | |
2018-12-31 FY2018 | 10.10x | $2.36 | +21.5% | |
2017-12-31 FY2017 | 8.31x | $2.61 | -19.0% | |
2016-12-31 FY2016 | 10.26x | $1.77 | +14.9% |
▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API
About PE Ratio & Methodology
The price-to-earnings (P/E) ratio for Merchants Financial Group, Inc. (MFGI) measures how much investors pay for each dollar of the company's trailing earnings. MFGI's current PE ratio of 9.22x is calculated by dividing its stock price of $38.45 by its TTM earnings per share of $4.17.
Frequently asked questions
MFGI pe ratio · 6 questionsMFGI's current PE ratio is 9.22x as of 2026-06-08, based on a stock price of $38.45 and TTM EPS of $4.17. Data sourced from Financial Modeling Prep via MFGI's SEC 10-K and 10-Q filings.
▸ Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Merchants Financial Group, Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08