Is Banc of California, Inc. overvalued or undervalued?

As of 23 April 2025, the valuation grade for Banc of California, Inc. has moved from fair to attractive, indicating a positive shift in its valuation outlook. The company is currently considered undervalued. Key ratios include a P/E ratio of 16, a Price to Book Value of 0.63, and an impressive Dividend Yield of 104.18%, which suggests strong income potential relative to its price.
In comparison to its peers, Banc of California, Inc. shows a more favorable PEG ratio of 0.10, while its closest competitor has a P/E of approximately 15.04. This positions Banc of California as an attractive investment opportunity within its sector. Despite a year-to-date return of -10.03%, the company's recent performance has outpaced the S&P 500 over the past week, reflecting a potential turnaround in sentiment.