Farmers & Merchants Bancshares, Inc. (FMFG)

Market price: $19.00

5 valuation methods

• Dividend Discount Model (DDM): $12.17 to $19.95 (midpoint $15.13)
• P / Tangible Book: $14.38 to $19.19 (midpoint $16.81)
• P / B: $15.74 to $21.28 (midpoint $18.23)
• P / E — normalized: $26.32 to $89.61 (midpoint $36.95)
• P / E: $36.44 to $85.76 (midpoint $43.61)

This security did not trade on 27 October 2026 — the price shown is that day's closing quote. Its last actual trade was 26 October 2026.