FMAO Farmers & Merchants Bancorp PE ratio, current and historical analysis
The PE ratio for Farmers & Merchants Bancorp stock stands at 14.69 as of Feb 25, 2025. This results from the current EPS of $1.7 and stock price of $24.98. The current PE ratio is nearly equal to the average from the previous four quarters.
FMAO PE ratio history
Over the last ten years, the average PE ratio of Farmers & Merchants Bancorp has been 15.86. The current 14.69 PE ratio is 7% below the historical average. Over the past ten years, FMAO's PE ratio was at its highest in the Dec 2017 quarter at 29.57, with a price of $40.8 and an EPS of $1.38. The Sep 2023 quarter recorded the bottom point at 9.85, with a price of $17.53 and an EPS of $1.78.
Farmers & Merchants Bancorp PE ratio by year
Maximum annual increase: 114.59% in 2017
Maximum annual decrease: -32.33% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 14.85 | 34.39% | $24.8 | $1.67 |
| 2022 | 11.05 | -32.33% | $27.18 | $2.46 |
| 2021 | 16.33 | 27.78% | $32.83 | $2.01 |
| 2020 | 12.78 | -29.63% | $23 | $1.8 |
| 2019 | 18.16 | -24.05% | $30.15 | $1.66 |
| 2018 | 23.91 | -19.14% | $38.49 | $1.61 |
| 2017 | 29.57 | 114.59% | $40.8 | $1.38 |
| 2016 | 13.78 | 14.74% | $17.5 | $1.27 |
| 2015 | 12.01 | -6.61% | $13.45 | $1.12 |
| 2014 | 12.86 | 13.1% | $13.37 | $1.04 |
| 2013 | 11.37 | 18.19% | $11.03 | $0.97 |
| 2012 | 9.62 | -0.31% | $10 | $1.04 |
| 2011 | 9.65 | -20.64% | $8.78 | $0.91 |
| 2010 | 12.16 | 4.29% | $9 | $0.74 |
| 2009 | 11.66 | -18.4% | $8.16 | $0.7 |
Farmers & Merchants Bancorp PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 16.26 | 9.94% | $27.65 | $1.7 |
| Jun 2024 | 14.79 | 5.49% | $23.22 | $1.57 |
| Mar 2024 | 14.02 | -5.59% | $22.29 | $1.59 |
| Dec 2023 | 14.85 | 50.76% | $24.8 | $1.67 |
| Sep 2023 | 9.85 | -7.69% | $17.53 | $1.78 |
| Jun 2023 | 10.67 | 0.95% | $22.51 | $2.11 |
| Mar 2023 | 10.57 | -4.34% | $24.32 | $2.3 |
| Dec 2022 | 11.05 | 4.05% | $27.18 | $2.46 |
| Sep 2022 | 10.62 | -23.87% | $26.87 | $2.53 |
| Jun 2022 | 13.95 | -15.51% | $33.19 | $2.38 |
| Mar 2022 | 16.51 | 1.1% | $36.15 | $2.19 |
| Dec 2021 | 16.33 | 46.59% | $32.83 | $2.01 |
| Sep 2021 | 11.14 | -4.05% | $22.4 | $2.01 |
| Jun 2021 | 11.61 | -13.62% | $21.82 | $1.88 |
| Mar 2021 | 13.44 | 5.16% | $25.14 | $1.87 |
FMAO average PE ratio chart
FMAO's current P/E ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.
FMAO PE vs peers
Compared to its peer NWBI, FMAO's PE ratio stands lower, however it is higher than FITB's and BRKL's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FITB Fifth Third Bancorp | 13.69 | $28.8B |
| BRKL Brookline Bancorp Inc | 14.12 | $1.04B |
| FMAO Farmers & Merchants Bancorp Inc | 14.82 | $345.09M |
| NWBI Northwest Bancshares Inc | 16.3 | $1.58B |
Frequently asked questions
What is Farmers & Merchants Bancorp's PE ratio?
As of Feb 25, 2025, FMAO stock has a price to earnings ratio of 14.69.
What is the 3-year average PE ratio for Farmers & Merchants Bancorp (FMAO)?
The average PE ratio for FMAO stock over the past 3 years is 13.01.
What is the 5-year average PE ratio for Farmers & Merchants Bancorp (FMAO)?
The average PE ratio for FMAO stock over the past 5 years is 13.09.
What is the highest PE ratio for FMAO?
In the last ten years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 29.57.
How does the current PE ratio for FMAO compare to its historical average?
FMAO's price to earnings ratio is currently 7% below its 10-year historical average.
How is FMAO's PE ratio calculated (Farmers & Merchants Bancorp PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Feb 25, 2025), Farmers & Merchants Bancorp's stock price is $24.98. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.7. Therefore, Farmers & Merchants Bancorp's P/E ratio for today is 14.69. PE RATIO(14.69) = STOCK PRICE($24.98) / TTM EPS($1.7)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.