Is Affinity Bancshares, Inc. overvalued or undervalued?

As of 28 June 2024, the valuation grade for Affinity Bancshares, Inc. has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a P/E ratio of 19, a Price to Book Value of 0.93, and an EV to EBITDA of 11.43.
In comparison to its peers, Affinity Bancshares has a P/E ratio that is lower than Ponce Financial Group, Inc. at 22.71, but higher than Timberland Bancorp, Inc. at 9.17. This suggests that while Affinity is positioned reasonably within its sector, it is not the most attractive option available. Notably, the company has shown a year-to-date return of 5.71%, outperforming the S&P 500's return of 2.44%, which may indicate positive momentum despite a one-year decline of 11.69%.