Is BancFirst Corp. (Oklahoma) overvalued or undervalued?

As of 17 October 2025, the valuation grade for BancFirst Corp. (Oklahoma) has moved from fair to expensive, indicating that the stock is overvalued. The company exhibits a P/E ratio of 18, a Price to Book Value of 2.45, and a PEG Ratio of 2.43, all of which suggest that the stock is trading at a premium compared to its earnings and growth potential.
In comparison to its peers, BancFirst Corp. has a higher P/E ratio than Wintrust Financial Corp. at 12.91 and Columbia Banking System, Inc. at 13.84, both of which are considered attractive. The recent stock performance shows that BancFirst Corp. has underperformed against the S&P 500 across multiple periods, including a 1-year return of -2.33% compared to the S&P 500's 14.08%, reinforcing the notion that the stock may be overvalued.