Farmers & Merchants Bancorp: A Deeply Undervalued Dividend King

The S&P 500 has rallied 66% in less than two and a half years, and thus it is now trading at a fresh all-time high, at a trailing P/E ratio of 28.8x . Due to theI am a chemical engineer with a MS in Food Technology and Economics, and a MENSA member. I am the author of the book "Investing in Stocks and Bonds: The Early Retirement Project" (2024):I am also the author of the book "Mental Math: How to perform math calculations in your mind".I am also the author of 2 other mathematics books ("Arithmetic calculat ...