Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 10.75 as of 2026-10-06T15:01:03.327Z.
Consensus retrieved: 2026-10-06T08:44:08.076Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-10-06T15:01:03.327Z.
Quote observation: 2026-10-06T15:00:15.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 22ac9da4e04dc87fd84459d5d8ce782d956474d30dea41fd5a572a56e80560e5
Forward PE Ratio (10.75) = Dated Quote Price ($32.42) / Consensus Forward EPS ($3.02)
FORWARD PE RATIO
10.75
SECTOR MEDIAN · FINANCIAL SERVICES
11.20
median of 319 covered companies
CURRENT VS SECTOR MEDIAN
-4.02%
vs the sector median at left
Alerus Financial Corporation
Market Cap
$814.75M
Forward PE Ratio
10.75
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Alerus Financial Corporation (ALRS) | $814.75M | 10.75 |
| Orrstown Financial Services, Inc. (ORRF)vs › | $816.56M | 9.63 |
| Oxford Lane Capital Corp. (OXLCO)vs › | $817.36M | 6.05 |
| GCM Grosvenor Inc. (GCMG)vs › | $810.66M | 14.74 |
| Capital City Bank Group, Inc. (CCBG)vs › | $848.69M | 13.28 |
| Financial Institutions, Inc. (FISI)vs › | $779.48M | 9.45 |
| Navient Corporation (NAVI)vs › | $851.07M | 12.04 |
| Eagle Bancorp, Inc. (EGBN)vs › | $864.75M | 19.37 |
| Great Southern Bancorp, Inc. (GSBC)vs › | $867.97M | 13.67 |
| Independent Bank Corporation (IBCP)vs › | $744.09M | 10.13 |
Trailing P/E
30.0
reported TTM EPS
Forward P/E
10.8
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.02 implies +179.6% EPS growth vs the reported trailing $1.08.
At the dated quote price of $32.42, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $3.02 | $2.97 – $3.05 | 4 | 10.8x |
| 2027-12-31 | $2.82 | $2.69 – $2.90 | 4 | 11.5x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
