P/E ratio for Farmers & Merchants Bancorp (FMAO)
P/E ratio as of April 2024 (TTM): 12.1
According to Farmers & Merchants Bancorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.0667. At the end of 2022 the company had a P/E ratio of 11.0.
P/E ratio history for Farmers & Merchants Bancorp from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.0 | -32.69% |
| 2021 | 16.4 | 28.47% |
| 2020 | 12.8 | -29.65% |
| 2019 | 18.2 | -24.03% |
| 2018 | 23.9 | -19.43% |
| 2017 | 29.7 | 114.49% |
| 2016 | 13.8 | 15.2% |
| 2015 | 12.0 | -6.59% |
| 2014 | 12.9 | 12.48% |
| 2013 | 11.4 | 19.26% |
| 2012 | 9.58 | -1.67% |
| 2011 | 9.75 | -19.86% |
| 2010 | 12.2 | 3.59% |
| 2009 | 11.7 | 812.14% |
| 2008 | 1.29 | 35.81% |
| 2007 | 0.9478 | 55.28% |
| 2006 | 0.6104 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Northwest Bank
NWBI | 9.75 | -19.22% | 🇺🇸 USA |
 Brookline Bancorp BRKL | 8.42 | -30.23% | 🇺🇸 USA |
 Howard Bancorp
HBMD | N/A | N/A | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.