Is ACNB Corp. overvalued or undervalued?

As of 13 June 2025, the valuation grade for ACNB Corp. has moved from fair to expensive, indicating that the company is currently overvalued. The key ratios reflect this assessment, with a P/E ratio of 13, a Price to Book Value of 1.17, and an EV to EBITDA of 14.34. Compared to its peers, ACNB Corp.'s P/E ratio is higher than that of Sierra Bancorp, which has a P/E of 9.27, and First Bank, which stands at 9.82, suggesting that ACNB is priced at a premium relative to these companies.
In light of these metrics, ACNB Corp. appears to be overvalued in the current market environment. While the company has shown strong stock performance with a 1-year return of 28.27% compared to the S&P 500's 10.26%, this does not justify its elevated valuation relative to peers. Overall, investors should approach ACNB Corp. with caution given its current price levels and the comparative analysis with similar firms in the industry.