First Mid BancsharesFMBH +1.30%62 PEG Ratio is 4.27 as of Jun. 28, 2026, which is 136% above its 10-year median of 1.81. GuruFocus rates FMBH with a GF Score™ of 62/100 and a GF Value™ of $38.97 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,231 Banks companies, First Mid Bancshares ranks worse than 81.8% on this metric.
PE Ratio without NRI / 5-Year Book Value Growth Rate*
* The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for First Mid Bancshares's PEG Ratio or its related term are showing as below:
FMBH'
s PEG Ratio Range Over the Past 10 Years
Min: 0.72 Med: 1.81 Max: 39.9
Current: 4.27
During the past 13 years, First Mid Bancshares's highest PEG Ratio was 39.90. The lowest was 0.72. And the median was 1.81.
FMBH's PEG Ratio is ranked worse than 81.8% of 1231
companies
in the Banks industry
Industry Median: 1.52
vs FMBH: 4.27
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
First Mid Bancshares (NAS:FMBH) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
First Mid Bancshares PEG Ratio Related Terms
First Mid Bancshares PEG Ratio Historical Data
* Premium members only.
The historical data trend for First Mid Bancshares's PEG Ratio 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.
For the Banks - Regional subindustry, First Mid Bancshares's PEG Ratio, along with its competitors' market caps and PEG Ratio 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.
First Mid Bancshares PEG Ratio vs Banks Industry
For the Banks industry and Financial Services sector, First Mid Bancshares's PEG Ratio distribution charts can be found below:
* The bar in red indicates where First Mid Bancshares's PEG Ratio falls into.
* 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.
* Note: The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
First Mid Bancshares (FMBH) has a PEG Ratio of 4.27 as of Jun. 28, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on First Mid Bancshares and its competitors. This is 136% above median its historical median of 1.81. Over the past decade, First Mid Bancshares' PEG Ratio has ranged from 0.72 to 39.90. According to the industry distribution chart, First Mid Bancshares ranks #1007 out of 1231 companies in the Banks industry, placing it in the top 81.8%.
Is First Mid Bancshares' PEG Ratio too high?
First Mid Bancshares' current PEG Ratio of 4.27 is 136% above median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 39.90. The Banks industry median PEG Ratio is 1.52. First Mid Bancshares' value of 4.27 is 180.9% above this industry median. Based on the distribution chart, First Mid Bancshares ranks #1007 out of 1231 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, First Mid Bancshares has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Mid Bancshares' PEG Ratio compare to AGBK and PFBC?
According to the Banks industry distribution chart, First Mid Bancshares ranks #1007 out of 1231 companies for PEG Ratio. This places First Mid Bancshares in the lower half of its industry. The industry median PEG Ratio is 1.52. First Mid Bancshares' value of 4.27 is 180.9% above this benchmark. Historically, First Mid Bancshares' own PEG Ratio has ranged from 0.72 to 39.90 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 1.52, First Mid Bancshares has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PEG Ratio for a Banks company?
The median PEG Ratio among Banks companies is 1.52, based on 1,231 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Mid Bancshares's current PEG Ratio of 4.27 is 180.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on First Mid Bancshares and its competitors. For the Banks industry, the median PEG Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Mid Bancshares's current PEG Ratio is 4.27, which is 136% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Mid Bancshares stock overvalued right now?
Based on GuruFocus' analysis, First Mid Bancshares (FMBH) is currently considered Modestly Overvalued. The stock's GF Value™ is $38.97, compared to a current price of $47.95 — trading 23% above its estimated fair value. The current PEG Ratio is 4.27, which is 136% above median its 10-year median of 1.81 and 180.9% above the Banks industry median of 1.52. First Mid Bancshares' overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For First Mid Bancshares (FMBH), the current PEG Ratio is 4.27 as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Mid Bancshares (FMBH) Overvalued in 2026?
Based on GuruFocus' analysis, First Mid Bancshares stock appears to be overvalued.
The current stock price of $47.95 is trading 23% above its estimated GF Value™ of $38.97.
GuruFocus considers First Mid Bancshares to be Modestly Overvalued.
Key valuation signals for FMBH:
PEG Ratio: 4.27 (136% above median its 10-year median of 1.81)
GF Value™: $38.97 vs. price of $47.95 (23% above fair value)
Industry Position: 180.9% above the Banks median (#1007 of 1231)
No single metric tells the full story. See the FMBH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Mid Bancshares Inc is a United States based financial holding company. Through its wholly-owned subsidiary, First Mid Bank, it is engaged in the business of banking. The company offers trust, farm services, investment services, and retirement planning through its wholly owned subsidiary, it also provides data processing services to affiliates and insurance products and services to customers through its subsidiary. The company's operations cover community banking, wealth management and insurance services. Key revenue is derived from the provision of community banking services.
62GF Score
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