Is Ameris Bancorp overvalued or undervalued?

As of 26 August 2025, the valuation grade for Ameris Bancorp has moved from attractive to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 12, a Price to Book Value of 1.16, and a PEG Ratio of 0.38, which suggest that the stock is priced reasonably compared to its earnings growth potential.
In comparison to its peers, UMB Financial Corp. has a higher P/E ratio of 19.64, while United Community Banks, Inc. is also fairly valued with a P/E of 14.35. Ameris Bancorp's recent stock performance has outpaced the S&P 500, with a year-to-date return of 22.12% compared to the S&P 500's 12.22%, indicating strong relative performance in the market.