Is AmeriServ Financial, Inc. overvalued or undervalued?

As of 22 July 2025, the valuation grade for AmeriServ Financial, Inc. has moved from fair to attractive, indicating a positive shift in its perceived value. Based on the current metrics, the company appears to be undervalued, particularly when considering its P/E ratio of 22, a price-to-book value of 0.71, and an impressive PEG ratio of 0.10. In comparison to peers, AmeriServ's P/E ratio is higher than Village Bank & Trust Financial Corp. at 17.15 and Auburn National Bancorporation, Inc. at 16.35, suggesting it may offer better growth prospects relative to its price.
The company's recent stock performance shows a year-to-date return of 6.72%, which lags behind the S&P 500's return of 12.22% for the same period, highlighting a potential opportunity for investors as the stock may be undervalued compared to broader market performance.