PE ratio relative to earnings growth — is the valuation justified?
| Symbol | Company | PEG | P/E | Growth | vs FRME |
|---|---|---|---|---|---|
| FFBC | First Financial Bancorp. | 1.11 | 12.2 | 10.9% | -42% |
| IBCP | Independent Bank Corporation | 2.01 | 10.5 | 5.2% | +5% |
| GABC | German American Bancorp, Inc. | 2.28 | 12.6 | 5.5% | +19% |
| LKFN | Lakeland Financial Corporation | 3.61 | 14.3 | 4.0% | +88% |
| INDB | Independent Bank Corp. | 3.71 | 15.2 | 4.1% | +93% |