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 8.46%/yr vs 10.54%/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 4.11% return, which is significantly lower than FMCB's 19.95% return. Over the past 10 years, PG has underperformed FMCB with an annualized return of 8.46%, while FMCB has yielded a comparatively higher 10.54% annualized return.
PG
- 1D
- 0.13%
- 1M
- -0.88%
- 6M
- 5.17%
- YTD
- 4.11%
- 1Y
- -3.68%
- 3Y*
- 2.39%
- 5Y*
- 4.03%
- 10Y*
- 8.46%
FMCB
- 1D
- -0.25%
- 1M
- -1.12%
- 6M
- 17.44%
- YTD
- 19.95%
- 1Y
- 35.19%
- 3Y*
- 12.89%
- 5Y*
- 10.86%
- 10Y*
- 10.54%
PG vs. FMCB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PG The Procter & Gamble Company | 4.11% | -12.26% | 17.25% | -0.86% | -5.05% | 20.52% | 14.15% | 39.70% | 3.57% | 12.69% |
FMCB Farmers & Merchants Bancorp | 19.95% | 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 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2001 | 0.00 |
The correlation between PG and FMCB shifts across timeframes, from 0.00 (all time) to 0.12 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
PG:
$342.40B
FMCB:
$915.00M
PG:
$5.24
FMCB:
$136.58
PG:
28.05
FMCB:
9.68
PG:
6.86
FMCB:
0.76
PG:
4.11
FMCB:
2.97
PG:
6.58
FMCB:
1.37
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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PG | FMCB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.06 | ||
| Sortino ratioReturn per unit of downside risk | -3.05 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.37 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.29 | 4.41 | -4.71 |
| Martin ratioReturn relative to average drawdown | -0.52 | 11.46 | -11.98 |
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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% | -8.01% | -7.51% |
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 | -14.78% | -5.38% | -9.40% |
Average DrawdownAverage peak-to-trough decline | -12.16% | -9.62% | -2.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.73% | 3.08% | +5.65% |
Volatility
PG vs. FMCB - Volatility Comparison
The Procter & Gamble Company (PG) has a higher volatility of 6.83% compared to Farmers & Merchants Bancorp (FMCB) at 4.98%. This indicates that PG's price experiences larger fluctuations and is considered to be riskier 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 | 6.83% | 4.98% | +1.85% |
Volatility (6M)Calculated over the trailing 6-month period | 15.83% | 14.46% | +1.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.55% | 19.36% | +0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.02% | 20.90% | -2.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.13% | 20.65% | -1.52% |
Dividends
PG vs. FMCB - Dividend Comparison
PG's dividend yield for the trailing twelve months is around 2.90%, more than FMCB's 1.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMCB Farmers & Merchants Bancorp | 1.55% | 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 | 2.90% | 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 Jul 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 Jul 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 Jul 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 Jul 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 Jul 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 Jul 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 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PG has higher volatility (6.83%) compared to FMCB (4.98%). In terms of maximum drawdown, PG dropped -54.25% vs FMCB's -42.00%.
FMCB currently has the higher Sharpe Ratio (1.83 vs -0.23), 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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