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Peoples Bancorp (Marietta OH) (Peoples Bancorp (Marietta OH)) Graham Number : $37.90 (As of Dec. 2023)


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What is Peoples Bancorp (Marietta OH) Graham Number?

Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.

As of today (2024-04-28), the stock price of Peoples Bancorp (Marietta OH) is $29.76. Peoples Bancorp (Marietta OH)'s graham number for the quarter that ended in Dec. 2023 was $37.90. Therefore, Peoples Bancorp (Marietta OH)'s Price to Graham Number ratio for today is 0.80.

The historical rank and industry rank for Peoples Bancorp (Marietta OH)'s Graham Number or its related term are showing as below:

PEBO' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.78   Med: 1.02   Max: 1.3
Current: 0.78

During the past 13 years, the highest Price to Graham Number ratio of Peoples Bancorp (Marietta OH) was 1.30. The lowest was 0.78. And the median was 1.02.

PEBO's Price-to-Graham-Number is ranked worse than
68.29% of 1372 companies
in the Banks industry
Industry Median: 0.63 vs PEBO: 0.78

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Peoples Bancorp (Marietta OH) Graham Number Historical Data

The historical data trend for Peoples Bancorp (Marietta OH)'s Graham Number can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Peoples Bancorp (Marietta OH) Graham Number Chart

Peoples Bancorp (Marietta OH) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.73 27.99 30.67 36.39 37.91

Peoples Bancorp (Marietta OH) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.09 36.18 36.03 37.90 37.56

Competitive Comparison of Peoples Bancorp (Marietta OH)'s Graham Number

For the Banks - Regional subindustry, Peoples Bancorp (Marietta OH)'s Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Peoples Bancorp (Marietta OH)'s Price-to-Graham-Number Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Peoples Bancorp (Marietta OH)'s Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Peoples Bancorp (Marietta OH)'s Price-to-Graham-Number falls into.



Peoples Bancorp (Marietta OH) Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Peoples Bancorp (Marietta OH)'s Graham Number for the fiscal year that ended in Dec. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*18.208*3.508)
=37.91

Peoples Bancorp (Marietta OH)'s Graham Number for the quarter that ended in Dec. 2023 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*18.208*3.408)
=37.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Peoples Bancorp (Marietta OH)  (NAS:PEBO) Graham Number Explanation

Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:

Current price should not be more than 15 times average earnings of the past three years.

Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)

Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.

In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.

Peoples Bancorp (Marietta OH)'s Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=29.76/37.37
=0.80

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Please keep these in mind:

1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.


Peoples Bancorp (Marietta OH) Graham Number Related Terms

Thank you for viewing the detailed overview of Peoples Bancorp (Marietta OH)'s Graham Number provided by GuruFocus.com. Please click on the following links to see related term pages.


Peoples Bancorp (Marietta OH) (Peoples Bancorp (Marietta OH)) Business Description

Traded in Other Exchanges
N/A
Address
138 Putnam Street, PO Box 738, Marietta, OH, USA, 45750-0738
Peoples Bancorp Inc (Marietta OH) is a financial holding company. As a community bank, it offers a complete line of banking, insurance, investment and trust solutions through its financial subsidiaries. It offers demand deposit accounts, savings accounts, real estate mortgage loans, merchant credit card transaction processing services, corporate and personal trust services, life, health, property, and casualty insurance products, brokerage services. The firm also offers telephone and internet-based banking through both personal computers and mobile devices.
Executives
Carol A Schneeberger officer: Executive VP - Operations 138 PUTNAM STREET, MARIETTA OH 45750
Mark Augenstein officer: EVP, Operations 138 PUTNAM STREET, MARIETTA OH 45750
Charles W Sulerzyski director, officer: President and CEO 138 PUTNAM ST, PO BOX 738, MARIETTA OH 45750-0738
Macia Matthew Joseph Blazar officer: Chief Risk Officer 138 PUTNAM STREET, MARIETTA OH 45750
Hugh J Donlon officer: EVP, Community Banking 138 PUTNAM STREET, MARIETTA OH 45750
Dwight Eric Smith director 518 EAST BROAD STREET, COLUMBUS OH 43215
W Glenn Hogan director 420 W. LIBERTY STREET, LOUISVILLE KY 40202
Frances A Skinner director 138 PUTNAM STREET, MARIETTA OH 45750
Susan D. Rector director 138 PUTNAM STREET, PO BOX 738, MARIETTA OH 45750
S Craig Beam director P.O. BOX 738, 138 PUTNAM STREET, MARIETTA OH 45750
Matthew Edgell officer: Chief of Staff 138 PUTNAM STREET, MARIETTA OH 45750
Michael Ryan Kirkham officer: EVP/General Counsel 138 PUTNAM STREET, MARIETTA OH 45750
Kevin R Reeves director 138 PUTNAM STREET, MARIETTA OH 45750
James S. Huggins director 138 PUTNAM STREET, P.O. BOX 738, MARIETTA OH 45750
Michael N Vittorio director

Peoples Bancorp (Marietta OH) (Peoples Bancorp (Marietta OH)) Headlines