PG vs. FMCB
PG (The Procter & Gamble Company) and FMCB (Farmers & Merchants Bancorp) are both stocks. PG operates in Household & Personal Products (Consumer Defensive), while FMCB operates in Banks - Regional (Financial Services). Over the past 10 years, PG returned 8.64%/yr vs 10.29%/yr for FMCB. At a 0.00 correlation, their price movements are largely independent.
Performance
PG vs. FMCB - Performance Comparison
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Returns By Period
In the year-to-date period, PG achieves a 2.74% return, which is significantly lower than FMCB's 22.48% return. Over the past 10 years, PG has underperformed FMCB with an annualized return of 8.64%, while FMCB has yielded a comparatively higher 10.29% annualized return.
PG
- 1D
- -0.98%
- 1M
- -0.90%
- YTD
- 2.74%
- 6M
- 6.43%
- 1Y
- -8.99%
- 3Y*
- 2.29%
- 5Y*
- 4.10%
- 10Y*
- 8.64%
FMCB
- 1D
- 2.63%
- 1M
- 3.04%
- YTD
- 22.48%
- 6M
- 24.87%
- 1Y
- 39.81%
- 3Y*
- 12.94%
- 5Y*
- 11.17%
- 10Y*
- 10.29%
PG vs. FMCB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PG The Procter & Gamble Company | 2.74% | -12.26% | 17.25% | -0.86% | -5.05% | 20.52% | 14.15% | 39.70% | 3.57% | 12.69% |
FMCB Farmers & Merchants Bancorp | 22.48% | 6.83% | 2.04% | 2.51% | 11.29% | 28.38% | 1.00% | 11.65% | 5.62% | 7.90% |
Correlation
The correlation between PG and FMCB is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2001 | 0.00 |
The correlation between PG and FMCB shifts across timeframes, from 0.00 (all time) to 0.11 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
PG:
$350.63B
FMCB:
$923.00M
PG:
$5.23
FMCB:
$136.25
PG:
27.76
FMCB:
9.95
PG:
6.79
FMCB:
0.78
PG:
4.07
FMCB:
3.05
PG:
6.50
FMCB:
1.41
PG:
$86.72B
FMCB:
$308.67M
PG:
$43.64B
FMCB:
$243.83M
PG:
$22.63B
FMCB:
$131.11M
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Return for Risk
PG vs. FMCB — Risk / Return Rank
PG
FMCB
PG vs. FMCB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Procter & Gamble Company (PG) and Farmers & Merchants Bancorp (FMCB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| PG | FMCB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.62 | ||
| Sortino ratioReturn per unit of downside risk | -3.91 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.45 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | 5.58 | -6.16 |
| Martin ratioReturn relative to average drawdown | -1.04 | 15.66 | -16.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PG | FMCB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.48 | 2.13 | -2.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 0.54 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.50 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.43 | +0.03 |
Drawdowns
PG vs. FMCB - Drawdown Comparison
The maximum PG drawdown since its inception was -54.25%, which is greater than FMCB's maximum drawdown of -42.00%. Use the drawdown chart below to compare losses from any high point for PG and FMCB.
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Drawdown Indicators
| PG | FMCB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.25% | -42.00% | -12.25% |
Max Drawdown (1Y)Largest decline over 1 year | -15.52% | -7.17% | -8.35% |
Max Drawdown (3Y)Largest decline over 3 years | -21.15% | -14.32% | -6.83% |
Max Drawdown (5Y)Largest decline over 5 years | -23.77% | -16.91% | -6.86% |
Max Drawdown (10Y)Largest decline over 10 years | -23.77% | -25.24% | +1.47% |
Current DrawdownCurrent decline from peak | -15.91% | -3.39% | -12.52% |
Average DrawdownAverage peak-to-trough decline | -12.16% | -9.64% | -2.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.93% | 2.55% | +6.38% |
Volatility
PG vs. FMCB - Volatility Comparison
The current volatility for The Procter & Gamble Company (PG) is 7.01%, while Farmers & Merchants Bancorp (FMCB) has a volatility of 10.29%. This indicates that PG experiences smaller price fluctuations and is considered to be less risky than FMCB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PG | FMCB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.01% | 10.29% | -3.28% |
Volatility (6M)Calculated over the trailing 6-month period | 15.32% | 15.02% | +0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.65% | 18.80% | -0.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.79% | 20.83% | -3.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.05% | 20.73% | -1.68% |
Dividends
PG vs. FMCB - Dividend Comparison
PG's dividend yield for the trailing twelve months is around 2.94%, more than FMCB's 1.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMCB Farmers & Merchants Bancorp | 1.80% | 1.74% | 1.71% | 1.62% | 1.54% | 1.59% | 1.94% | 1.85% | 1.99% | 2.00% | 2.05% | 2.39% |
PG The Procter & Gamble Company | 2.94% | 2.91% | 2.36% | 2.55% | 2.38% | 2.08% | 2.24% | 2.37% | 3.09% | 2.98% | 3.18% | 3.31% |
Financials
PG vs. FMCB - Financials Comparison
This section allows you to compare key financial metrics between The Procter & Gamble Company and Farmers & Merchants Bancorp. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PG vs. FMCB - Profitability Comparison
PG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a gross profit of 10.51B and revenue of 21.24B. Therefore, the gross margin over that period was 49.5%.
FMCB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Farmers & Merchants Bancorp reported a gross profit of 61.56M and revenue of 76.87M. Therefore, the gross margin over that period was 80.1%.
PG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported an operating income of 4.58B and revenue of 21.24B, resulting in an operating margin of 21.6%.
FMCB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Farmers & Merchants Bancorp reported an operating income of 32.38M and revenue of 76.87M, resulting in an operating margin of 42.1%.
PG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a net income of 18.50M and revenue of 21.24B, resulting in a net margin of 0.1%.
FMCB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Farmers & Merchants Bancorp reported a net income of 24.07M and revenue of 76.87M, resulting in a net margin of 31.3%.
Frequently Asked Questions
PG and FMCB have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FMCB has higher volatility (10.29%) compared to PG (7.01%). In terms of maximum drawdown, PG dropped -54.25% vs FMCB's -42.00%.
FMCB currently has the higher Sharpe Ratio (2.13 vs -0.48), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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