Is Axos Financial, Inc. overvalued or undervalued?

As of 31 October 2025, Axos Financial, Inc. has moved from expensive to fair in valuation. The company appears to be fairly valued based on its current metrics, with a P/E ratio of 11, a Price to Book Value of 1.79, and an EV to EBITDA of 4.81. In comparison to its peers, UMB Financial Corp. has a P/E of 19.64, while Zions Bancorporation, NA shows a lower P/E of 10.08, indicating that Axos is positioned competitively within its industry.
Despite recent underperformance against the S&P 500 over the past week and month, where it returned -3.01% and -6.64% respectively, Axos has shown strong long-term performance with a 100.15% return over three years, outperforming the S&P 500's 76.66%. This suggests that while the stock may be facing short-term challenges, its long-term valuation remains attractive.