Alerus Financial Corporation (ALRS) P/E Ratio History
Fairly ValuedTrading at 28.4x, near 5Y avg of 26.8x · 70th percentile · In line with own history · Data 2013–2026
Loading P/E history...
P/E Ratio Analysis
As of November 8, 2026, Alerus Financial Corporation (ALRS) trades at a price-to-earnings ratio of 28.4x, with a stock price of $33.81 and trailing twelve-month earnings per share of $1.19.
The current P/E is roughly in line with its 5-year average of 26.8x. Over the past five years, ALRS's P/E has ranged from a low of 8.4x to a high of 143.0x, placing the current valuation at the 70th percentile of its historical range.
Compared to the Financial Services sector median P/E of 12.1x, ALRS trades at a 135% premium to its sector peers. The sector includes 763 companies with P/E ratios ranging from 0.0x to 190.1x.
Relative to the broader market, ALRS commands a significant premium over the S&P 500 median P/E of 21.8x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our ALRS DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
ALRS Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
ALRS P/E vs Peers
Small-Cap Community Banks peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $3B | 12.7 | 1.80 | +13% | |
| $4B | 15.0 | 3.33 | +13% | |
| $4B | 15.3 | 0.81 | +11% | |
| $3B | 18.8 | 0.82 | -9% | |
| $4B | 12.1 | 0.69 | +15% | |
| $3B | 11.0 | 1.37 | +2% | |
| $5B | 11.1 | 0.79 | +32% | |
| $748M | 11.3 | 2.14 | +3% | |
| $1B | 15.1 | 1.73 | +58%Best | |
| $15B | 4.3Lowest | 0.18Best | -47% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
ALRS Historical P/E Data (2013–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q3 | Sep 30 2026 | $31.58 | $1.19 | 26.5x | +41% |
| FY2026 Q2 | - | $31.10 | $1.08 | 28.8x | +53% |
| FY2026 Q1 | - | $23.71 | $1.05 | 22.6x | +20% |
| FY2025 Q4 | Dec 31 2025 | $22.52 | $0.67 | 33.6x | +79% |
| FY2025 Q3 | - | $22.14 | $1.95 | 11.4x | -40% |
| FY2025 Q2 | Jun 30 2025 | $21.64 | $1.56 | 13.9x | -26% |
| FY2025 Q1 | Mar 31 2025 | $18.46 | $1.09 | 16.9x | -10% |
| FY2024 Q4 | - | $19.24 | $0.89 | 21.6x | +15% |
| FY2024 Q3 | Sep 30 2024 | $22.88 | $0.16 | 143.0x | +660% |
| FY2024 Q2 | Jun 30 2024 | $19.61 | $0.35 | 56.0x | +198% |
| FY2024 Q1 | Mar 31 2024 | $21.83 | $0.49 | 44.6x | +137% |
| FY2023 Q4 | Dec 31 2023 | $22.39 | $0.57 | 39.3x | +109% |
| FY2023 Q3 | Sep 30 2023 | $18.18 | $1.83 | 9.9x | -47% |
| FY2023 Q2 | Jun 30 2023 | $17.98 | $1.85 | 9.7x | -48% |
| FY2023 Q1 | Mar 31 2023 | $16.05 | $1.92 | 8.4x | -56% |
| FY2022 Q4 | Dec 31 2022 | $23.35 | $2.09 | 11.2x | -41% |
| FY2022 Q3 | Sep 30 2022 | $22.10 | $2.28 | 9.7x | -48% |
| FY2022 Q2 | - | $23.81 | $2.55 | 9.3x | -50% |
| FY2022 Q1 | - | $27.64 | $2.69 | 10.3x | -45% |
| FY2021 Q4 | Dec 31 2021 | $29.28 | $2.98 | 9.8x | -48% |
| FY2021 Q3 | - | $29.88 | $2.83 | 10.6x | -44% |
| FY2021 Q2 | Jun 30 2021 | $29.01 | $3.08 | 9.4x | -50% |
| FY2021 Q1 | Mar 31 2021 | $29.78 | $3.07 | 9.7x | -48% |
| FY2020 Q4 | - | $27.37 | $2.51 | 10.9x | -42% |
| FY2020 Q3 | Sep 30 2020 | $19.60 | $2.37 | 8.3x | -56% |
| FY2020 Q2 | - | $19.76 | $1.86 | 10.6x | -44% |
| FY2020 Q1 | - | $16.52 | $1.80 | 9.2x | -51% |
| FY2019 Q4 | - | $22.85 | $1.96 | 11.7x | -38% |
| FY2019 Q3 | Sep 30 2019 | $21.80 | $1.96 | 11.1x | -41% |
| FY2019 Q2 | Jun 30 2019 | $18.90 | $2.00 | 9.4x | -50% |
| FY2019 Q1 | Mar 31 2019 | $19.50 | $1.81 | 10.8x | -43% |
| FY2018 Q4 | Dec 31 2018 | $19.25 | $1.84 | 10.5x | -44% |
| FY2018 Q3 | Sep 30 2018 | $24.50 | $1.48 | 16.6x | -12% |
| FY2018 Q2 | Jun 30 2018 | $26.15 | $1.31 | 20.0x | +6% |
| FY2018 Q1 | Mar 31 2018 | $23.62 | $1.24 | 19.0x | +1% |
| FY2017 Q4 | Dec 31 2017 | $20.45 | $1.10 | 18.6x | -1% |
| FY2017 Q3 | Sep 30 2017 | $20.40 | $1.43 | 14.3x | -24% |
| FY2017 Q2 | Jun 30 2017 | $19.18 | $1.26 | 15.2x | -19% |
| FY2017 Q1 | Mar 31 2017 | $18.61 | $1.14 | 16.3x | -13% |
| FY2016 Q4 | Dec 31 2016 | $17.00 | $1.02 | 16.7x | -11% |
| FY2016 Q3 | Sep 30 2016 | $17.04 | $0.81 | 21.0x | +12% |
| FY2016 Q2 | - | $17.60 | $0.94 | 18.7x | -0% |
| FY2016 Q1 | - | $20.00 | $1.11 | 18.0x | -4% |
| FY2015 Q4 | - | $18.90 | $1.17 | 16.2x | -14% |
| FY2015 Q3 | Sep 30 2015 | $20.25 | $1.37 | 14.8x | -21% |
| FY2015 Q2 | - | $20.60 | $1.50 | 13.7x | -27% |
| FY2015 Q1 | - | $19.00 | $1.40 | 13.6x | -28% |
| FY2014 Q4 | Dec 31 2014 | $19.75 | $1.49 | 13.3x | -30% |
| FY2014 Q3 | - | $20.57 | $1.51 | 13.6x | -28% |
| FY2013 Q4 | - | $17.00 | $1.47 | 11.6x | -39% |
| FY2013 Q3 | Sep 30 2013 | $14.33 | $1.51 | 9.5x | -50% |
Average P/E for displayed period: 18.8x
ALRS Chart Terminal
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
Live Breakouts Feed
High-probability breakout stocks crossing their pivot across 5 pattern engines.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
13+ years return with dividends reinvested.
Peer Comparison
Compare growth, multiples, and margins vs sector.
ALRS — Frequently Asked Questions
Quick answers to the most common questions about buying ALRS stock.
What is ALRS's P/E ratio?
Alerus Financial Corporation (ALRS) trailing twelve-month P/E ratio is 28.4x, based on TTM diluted EPS of $1.19. The 5-year average P/E is 26.8x and the historical range spans 8.4x to 143.0x.
Is ALRS stock overvalued or undervalued?
ALRS trades at 28.4x P/E, near its 5-year average of 26.8x. The 70th percentile ranking within the 8.4x–143.0x historical range places valuation within normal bounds.
Is ALRS stock expensive?
ALRS is fairly valued relative to its own history. The current P/E of 28.4x is near the 5-year average of 26.8x (70th percentile of historical range).
What is ALRS's historical P/E range?
Over the past 5 years, ALRS's P/E ratio has ranged from 8.4x to 143.0x, with a median of 16.9x and an average of 26.8x. The current P/E of 28.4x places the stock at the 70th percentile of this range. Full historical data spans 2013–2026.
How does ALRS's P/E compare to the S&P 500?
ALRS trades at 28.4x P/E versus the S&P 500 median of 21.8x. The 30% premium to the market typically reflects higher expected earnings growth or quality.
How does ALRS's valuation compare to Financial Services peers?
Alerus Financial Corporation P/E of 28.4x compares to the Financial Services sector median of 12.1x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is ALRS's PEG ratio?
ALRS PEG ratio is N/A, based on a P/E of 28.4x and EPS growth of -18.1%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is ALRS's earnings yield?
ALRS earnings yield is 3.52%, the inverse of its 28.4x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.