Alerus Financial Corp (ALRS)

Market price: $32.34

5 valuation methods

• P / E — normalized: $8.78 to $13.85 (midpoint $10.72)
• Dividend Discount Model (DDM): $8.75 to $14.12 (midpoint $10.80)
• P / E: $12.21 to $16.00 (midpoint $13.83)
• P / Tangible Book: $25.07 to $31.97 (midpoint $28.59)
• P / B: $27.32 to $35.85 (midpoint $31.32)