Is Alerus Financial Corporation overvalued?

Alerus Financial Corporation (ALRS) looks undervalued — trading about 12% below its fair value.

Undervalued

Price

$33.67

Fair value

$37.76

Current P/E

10.8

Normal P/E

12.1

Market cap

$846.1M

Dividend yield

2.5%

Return on equity

4.9%

Sector

Financial Services

Fair value compares ALRS's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 11 Aug 2026.

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