Question 1

What is Alerus Financial's P/E ratio?

Accepted Answer

Alerus Financial (ALRS) P/E ratio is 27.1× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Alerus Financial?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Alerus Financial specifically, the relevant sector benchmark is the current sector median of 12.8×.

Question 5

Is Alerus Financial's P/E ratio high or low?

Accepted Answer

Alerus Financial's P/E ratio of 27.1× is above its own 5-year average of 25.3× and above the sector median of 12.8×. That places the current reading at the 76th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Alerus Financial's historical P/E ratio range?

Accepted Answer

In the available daily series, Alerus Financial (ALRS) P/E ratio has ranged from a low of 6.9× in 2023 to a high of 150.6× in 2024. The 5-year average is 25.3× and the 5-year median is 11.4×.

Question 7

What was Alerus Financial's P/E ratio in 2025?

Accepted Answer

Alerus Financial (ALRS) P/E ratio at the end of 2025 was 32.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Alerus Financial's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$571.96M	$17.44M	32.8×	+5.9×	Dec 31, 2025
2024	$478.25M	$17.78M	26.9×	-10.9×	Dec 31, 2024
2023	$442.45M	$11.70M	37.8×	+26.2×	Dec 31, 2023
2022	$466.72M	$40.01M	11.7×	+2.1×	Dec 31, 2022
2021	$503.91M	$52.68M	9.6×	-0.9×	Dec 31, 2021
2020	$468.63M	$44.68M	10.5×	-2.7×	Dec 31, 2020
2019	$389.57M	$29.54M	13.2×	+2.9×	Dec 31, 2019
2018	$265.18M	$25.87M	10.3×	-7.9×	Dec 31, 2018
2017	$280.15M	$15.44M	18.1×	+2.0×	Dec 31, 2017
2016	$231.37M	$14.33M	16.1×	+0.2×	Dec 31, 2016
2015	$263.67M	$16.50M	16.0×	+2.3×	Dec 31, 2015
2014	$274.96M	$20.12M	13.7×	+2.1×	Dec 31, 2014
2013	$234.85M	$20.27M	11.6×	—	Dec 31, 2013


Globe Life (GL-PD)	9.7×
UMB Financial (UMBF)	9.7×
T. Rowe Price (TROW)	9.6×
Everest Re Group (RE)	9.6×
Old Republic International (ORI)	9.5×
First Financial (THFF)	9.3×
Globe Life (GL)	9.3×
The Hartford (HIG)	9.3×
Assured Guaranty (AGO)	8.9×
Cincinnati Financial (CINF)	8.8×
Federal Agricultural Mortgage (AGM)	8.8×
Ally Financial (ALLY)	8.7×
Travelers Companies (TRV)	8.3×
PayPal (PYPL)	8.2×
Farmers & Merchants Bancorp (FMCB)	8.0×
Chesapeake Financial Shares (CPKF)	7.6×
PSB Holdings (PSBQ)	7.5×
Arch Capital Group (ACGL)	7.1×
AXIS Capital Holdings (AXS)	7.0×
Tompkins Financial (TMP)	6.7×
Everest Re Group (EG)	6.5×
Synchrony Financial (SYF)	6.5×
Mercury General (MCY)	5.8×
RenaissanceRe Holdings (RNR)	4.5×
Allstate (ALL)	4.4×

P/E Ratio for Alerus Financial (ALRS)

P/E Ratio daily chart for Alerus Financial (ALRS)

Historical P/E Ratio for Alerus Financial (ALRS) from 2013 to 2025

About P/E Ratio at Alerus Financial (ALRS)

Alerus Financial P/E Ratio by Year

Alerus Financial P/E Ratio 2025: 32.8×

Alerus Financial P/E Ratio 2024: 26.9×

Alerus Financial P/E Ratio 2023: 37.8×

Alerus Financial P/E Ratio 2022: 11.7×

Alerus Financial P/E Ratio 2021: 9.6×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Alerus Financial (ALRS) Key Financials

P/E Ratio daily chart for Alerus Financial (ALRS)

Historical P/E Ratio for Alerus Financial (ALRS) from 2013 to 2025

About P/E Ratio at Alerus Financial (ALRS)

Alerus Financial P/E Ratio by Year

Alerus Financial P/E Ratio 2025: 32.8×

Alerus Financial P/E Ratio 2024: 26.9×

Alerus Financial P/E Ratio 2023: 37.8×

Alerus Financial P/E Ratio 2022: 11.7×

Alerus Financial P/E Ratio 2021: 9.6×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Alerus Financial's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Alerus Financial?

+Is Alerus Financial's P/E ratio high or low?

+What is Alerus Financial's historical P/E ratio range?

+What was Alerus Financial's P/E ratio in 2025?

+Why does Alerus Financial's P/E ratio change over time?

Alerus Financial (ALRS) Key Financials