What is First Mid Bancshares, Inc. (FMBH)'s PEG ratio?

First Mid Bancshares, Inc. (FMBH) has a PEG ratio of 1.67 (Fairly Valued), based on a PE ratio of 12.0 and expected EPS growth of 7.2% (5-Year EPS CAGR).

Is FMBH undervalued based on its PEG ratio?

A PEG below 1.0 is conventionally read as potentially undervalued, 1.0–2.0 as fairly valued, and above 2.0 as potentially overvalued relative to growth. At 1.67, First Mid Bancshares, Inc. (FMBH) screens as "Fairly Valued". PEG is one signal, not investment advice — see the full DCF fair value at evidinvest.com/valuation/FMBH.

First Mid Bancshares, Inc. (FMBH) PEG Ratio

Fairly Valued

PE ratio relative to earnings growth — is the valuation justified?

1.67

PEG Ratio

PEG ratio is generally unreliable for Financial Services companies — earnings are driven by interest margins and provisions

PEG ratio is generally unreliable for Financial Services companies

1.67

Growth Rate Source

Good Data Quality5-Year EPS CAGR

Current Price

$48.46

TTM EPS

$4.03

P/E Ratio

12.02

Growth Rate

7.2%

5-Year EPS CAGR

Sector

Financial Services

Banks - Regional

Calculated

8/19/2026

10:47:08 PM

Peer Comparison

Sample Size

5 peers

Industry Median PEG

0.74

25th Percentile

0.41

75th Percentile

1.62

FMBH PEG (1.67) vs Industry Median (0.74): 126% premium

Symbol	Company	PEG	P/E	Growth	vs FMBH
FBIZ	First Business Financial Services, Inc.	0.38	9.6	25.2%	-77%
HTB	HomeTrust Bancshares, Inc.	0.41	13.0	31.3%	-75%
HBCP	Home Bancorp, Inc.	0.74	11.6	15.7%	-56%
GSBC	Great Southern Bancorp, Inc.	1.62	13.1	8.1%	-3%
CIVB	Civista Bancshares, Inc.	1.85	10.5	5.7%	+11%

How to Interpret PEG Ratio

PEG < 1.0 — Potentially Undervalued. The stock may be priced below its earnings growth rate, suggesting a potential buying opportunity.

PEG 1.0–2.0 — Fairly Valued. The stock price is roughly in line with its earnings growth. A PEG of 1.0 is often considered "fair value."

PEG > 2.0 — Potentially Overvalued. The stock may be priced above what its earnings growth justifies.

Limitations:PEG ratios are less reliable for financial firms (earnings driven by interest margins), companies with negative/zero earnings growth, and hypergrowth companies (>100% growth) where the ratio may appear misleadingly low. Always use PEG alongside other valuation metrics.

First Mid Bancshares, Inc. (FMBH) PEG Ratio

Peer Comparison

How to Interpret PEG Ratio

More on FMBH

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First Mid Bancshares, Inc. (FMBH) PEG Ratio

Peer Comparison

How to Interpret PEG Ratio

More on FMBH

Compare with peers

Explore