* 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.
FMFG's PEG Ratio is ranked better than 82.42% of 1229
companies
in the Banks industry
Industry Median: 1.52
vs FMFG: 0.63
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Farmers and Merchants Bancshares (MD) (OTCPK:FMFG) 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.
Farmers and Merchants Bancshares (MD) PEG Ratio Related Terms
Farmers and Merchants Bancshares (MD) PEG Ratio Historical Data
* 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.
Farmers and Merchants Bancshares (MD) PEG Ratio Chart
For the Banks - Regional subindustry, Farmers and Merchants Bancshares (MD)'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.
Farmers and Merchants Bancshares (MD) PEG Ratio vs Banks Industry
* 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.
Farmers and Merchants Bancshares (MD) (FMFG) has a PEG Ratio of 0.63 as of Jul. 01, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Farmers and Merchants Bancshares (MD) and its competitors. This is 29% above median its historical median of 0.49. Over the past decade, Farmers and Merchants Bancshares (MD)'s PEG Ratio has ranged from 0.28 to 0.75. According to the industry distribution chart, Farmers and Merchants Bancshares (MD) ranks #216 out of 1229 companies in the Banks industry, placing it in the top 17.6%.
Is Farmers and Merchants Bancshares (MD)'s PEG Ratio too high?
Farmers and Merchants Bancshares (MD)'s current PEG Ratio of 0.63 is 29% above median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.75. The Banks industry median PEG Ratio is 1.52. Farmers and Merchants Bancshares (MD)'s value of 0.63 is 58.6% below this industry median. Based on the distribution chart, Farmers and Merchants Bancshares (MD) ranks #216 out of 1229 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Farmers and Merchants Bancshares (MD) has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Farmers and Merchants Bancshares (MD)'s PEG Ratio compare to BAOB and CEFC?
According to the Banks industry distribution chart, Farmers and Merchants Bancshares (MD) ranks #216 out of 1229 companies for PEG Ratio. This places Farmers and Merchants Bancshares (MD) in the top 18% of its industry — outperforming the majority of peers. The industry median PEG Ratio is 1.52. Farmers and Merchants Bancshares (MD)'s value of 0.63 is 58.6% below this benchmark. Historically, Farmers and Merchants Bancshares (MD)'s own PEG Ratio has ranged from 0.28 to 0.75 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 1.52, Farmers and Merchants Bancshares (MD) has consistently been below 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 1,229 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. Farmers and Merchants Bancshares (MD)'s current PEG Ratio of 0.63 is 58.6% below 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 Farmers and Merchants Bancshares (MD) 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. Farmers and Merchants Bancshares (MD)'s current PEG Ratio is 0.63, which is 29% above median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farmers and Merchants Bancshares (MD) stock overvalued right now?
Based on GuruFocus' analysis, Farmers and Merchants Bancshares (MD) (FMFG) is currently considered Fairly Valued. The stock's GF Value™ is $18.78, compared to a current price of $19.00 — trading 1.2% above its estimated fair value. The current PEG Ratio is 0.63, which is 29% above median its 10-year median of 0.49 and 58.6% below the Banks industry median of 1.52. Farmers and Merchants Bancshares (MD)'s overall GF Score™ is 61/100 with 4 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 Farmers and Merchants Bancshares (MD) (FMFG), the current PEG Ratio is 0.63 as of Jul. 01, 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 Farmers and Merchants Bancshares (MD) (FMFG) Overvalued in 2026?
Based on GuruFocus' analysis, Farmers and Merchants Bancshares (MD) stock appears to be overvalued.
The current stock price of $19.00 is trading 1.2% above its estimated GF Value™ of $18.78.
GuruFocus considers Farmers and Merchants Bancshares (MD) to be Fairly Valued.
Key valuation signals for FMFG:
PEG Ratio: 0.63 (29% above median its 10-year median of 0.49)
GF Value™: $18.78 vs. price of $19.00 (1.2% above fair value)
Industry Position: 58.6% below the Banks median (#216 of 1229)
No single metric tells the full story. See the FMFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Farmers and Merchants Bancshares (MD) Business Description
Farmers and Merchants Bancshares Inc (MD) is an independent community bank, offering a broad range of financial services. The Bank provides banking services to individuals and businesses located in Baltimore County, Maryland, Carroll County, Maryland, and surrounding areas of northern Maryland. It provides Personal, Business, and Electronic banking services.
61GF Score
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