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Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year. Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years. If 5-Year Growth Rate is greater than 25% a year, we use 25. If 5-Year Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.
Here, as of today, Farmers & Merchants Bancorp's PEG is 1. Farmers & Merchants Bancorp's 5-Year TTM Book Value Growth Rate is 11.72.
Farmers & Merchants Bancorp's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was $133.96. Therefore, the Peter Lynch Fair Value for today is $1,570.01.
The historical rank and industry rank for Farmers & Merchants Bancorp's Peter Lynch Fair Value or its related term are showing as below:
FMCB'
s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0.68 Med: 0.94 Max: 2.82
Current: 0.83
During the past 13 years, the highest Price to Peter Lynch Fair Value Ratio of Farmers & Merchants Bancorp was 2.82. The lowest was 0.68. And the median was 0.94.
FMCB's Price-to-Peter-Lynch-Fair-Value is ranked better than 67.6% of 889
companies
in the Banks industry
Industry Median: 1.11
vs FMCB: 0.83
Note: Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart.
Farmers & Merchants Bancorp (OTCPK:FMCB) Peter Lynch Fair Value Explanation
Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year.
Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years.
Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart. In Peter Lynch chart, a fixed P/E ratio of 15 is used to draw the Earnings Line. Therefore the value reached has a P/E ratio of 15. But in Peter Lynch Fair Value calculation, P/E equals to the growth rate of Book Value per share over the past 5 years, which is 11.72 instead of 15 in this case.
Farmers & Merchants Bancorp's Price to Peter Lynch Fair Value Ratio for today is calculated as
Price to Peter Lynch Fair Value
=
Share Price
/
Peter Lynch Fair Value
=
1424.50
/
1,570.01
=
0.91
* 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 & Merchants Bancorp Peter Lynch Fair Value Related Terms
Farmers & Merchants Bancorp Peter Lynch Fair Value 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 & Merchants Bancorp Peter Lynch Fair Value Chart
FMCB vs TRST, CPF, SBNC: Peter Lynch Fair Value Comparison
For the Banks - Regional subindustry, Farmers & Merchants Bancorp's Price-to-Peter-Lynch-Fair-Value, along with its competitors' market caps and Price-to-Peter-Lynch-Fair-Value 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 & Merchants Bancorp Price-to-Peter-Lynch-Fair-Value vs Banks Industry
For the Banks industry and Financial Services sector, Farmers & Merchants Bancorp's Price-to-Peter-Lynch-Fair-Value distribution charts can be found below:
* The bar in red indicates where Farmers & Merchants Bancorp's Price-to-Peter-Lynch-Fair-Value falls into.
Farmers & Merchants Bancorp's EPS without NRI for the trailing twelve months (TTM) uses the latest annual data, which was $133.96.
* Note that for companies that do not have enough quarterly data to calculate the 5-Year TTM EBITDA Growth Rate, we use the annual data for the calculation.
* 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.
** Please be aware that the 5-Year TTM Book Value Growth Rate is calculated based on TTM data over the last 5 years. For quarterly reported companies, the TTM data is the latest quarter data. For companies that report semi-annually, annually, or do not have enough quarterly data, GuruFocus uses the annual data as the TTM data.
If 5-Year Earnings Growth Rate is greater than 25% a year, we use 25.
If 5-Year Earnings Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.
Please note that we use the 5-year average growth rate of EBITDA per share as the growth rate for non-bank companies, as EBITDA growth is subject to less manipulations than net earnings per share. For banks, we use the 5-year average growth rate of Book Value per share as the growth rate. The reason is that EBITDA is not applicable to Banks and Book value is a relative important measurement for Banks. In the calculation, PEG=1 because Peter Lynch thinks that the fair P/E ratio of the growth stock is equal to its earnings growth rate.
What does a Peter Lynch Fair Value of $1,570.01 mean?
Farmers & Merchants Bancorp (FMCB) has a Peter Lynch Fair Value of $1,570.01 as of Sep. 13, 2026. Peter Lynch Fair Value is the stock value based on a company's current earnings and five-year earnings growth, assuming a PEG of one. View historical data on Farmers & Merchants Bancorp and its competitors. According to the industry distribution chart, Farmers & Merchants Bancorp ranks #288 out of 889 companies in the Banks industry, placing it in the top 32.4%.
Is Farmers & Merchants Bancorp's Peter Lynch Fair Value too high?
Farmers & Merchants Bancorp's current Peter Lynch Fair Value is $1,570.01. The Banks industry median Peter Lynch Fair Value is 1.11. Farmers & Merchants Bancorp's value of $1,570.01 is 141342.3% above this industry median. Based on the distribution chart, Farmers & Merchants Bancorp ranks #288 out of 889 companies in the Banks industry, which is above the industry midpoint. Overall, Farmers & Merchants Bancorp has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Farmers & Merchants Bancorp's Peter Lynch Fair Value compare to TRST and CPF?
According to the Banks industry distribution chart, Farmers & Merchants Bancorp ranks #288 out of 889 companies for Peter Lynch Fair Value. This puts Farmers & Merchants Bancorp in the upper half of its industry. The industry median Peter Lynch Fair Value is 1.11. Farmers & Merchants Bancorp's value of $1,570.01 is 141342.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Peter Lynch Fair Value for a Banks company?
The median Peter Lynch Fair Value among Banks companies is 1.11, based on 889 companies in the industry. Companies in the top quartile (top 25%) have a Peter Lynch Fair Value significantly above this median, while those in the bottom quartile fall well below. However, Peter Lynch Fair Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Farmers & Merchants Bancorp's current Peter Lynch Fair Value of $1,570.01 is 141342.3% 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 Peter Lynch Fair Value mean?
A high Peter Lynch Fair Value can signal that a stock is expensive relative to its fundamentals. Peter Lynch Fair Value is the stock value based on a company's current earnings and five-year earnings growth, assuming a PEG of one. View historical data on Farmers & Merchants Bancorp and its competitors. For the Banks industry, the median Peter Lynch Fair Value is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Farmers & Merchants Bancorp's current Peter Lynch Fair Value is $1,570.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farmers & Merchants Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Farmers & Merchants Bancorp (FMCB) is currently considered Modestly Overvalued. The stock's GF Value™ is $1,206.50, compared to a current price of $1,424.50 — trading 18.1% above its estimated fair value. The current Peter Lynch Fair Value is $1,570.01 and 141342.3% above the Banks industry median of 1.11. Farmers & Merchants Bancorp's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Peter Lynch Fair Value calculated?
Peter Lynch Fair Value is calculated from a company's financial statements. For Farmers & Merchants Bancorp (FMCB), the current Peter Lynch Fair Value is $1,570.01 as of Sep. 13, 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 & Merchants Bancorp (FMCB) Overvalued in 2026?
Based on GuruFocus' analysis, Farmers & Merchants Bancorp stock appears to be overvalued.
The current stock price of $1,424.50 is trading 18.1% above its estimated GF Value™ of $1,206.50.
GuruFocus considers Farmers & Merchants Bancorp to be Modestly Overvalued.
Key valuation signals for FMCB:
Peter Lynch Fair Value: $1,570.01
GF Value™: $1,206.50 vs. price of $1,424.50 (18.1% above fair value)
Industry Position: 141342.3% above the Banks median (#288 of 889)
No single metric tells the full story. See the FMCB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Farmers & Merchants Bancorp is a bank holding company that provides a broad range of lending products, including commercial, commercial real estate, construction, agribusiness, consumer, credit card, residential real estate loans, and equipment leases. Its offerings include term loans, lines of credit, working capital financing, and letters of credit, along with automobile, home improvement, and home equity financing for individuals. It also offers deposit products such as checking, savings, money market accounts, certificates of deposit, individual retirement accounts, and online banking services. In addition, it provides specialized services for commercial clients, including merchant credit card programs, collection services, account reconciliation, and electronic funds transfers.
77GF Score
Get the complete analysis for FMCB
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