Is BancFirst Corp. (Oklahoma) overvalued or undervalued?

As of 17 October 2025, BancFirst Corp. (Oklahoma) has moved from fair to expensive in its valuation grade. The company appears to be overvalued, with a P/E ratio of 18, a Price to Book Value of 2.45, and a PEG Ratio of 2.43, all suggesting that the stock is trading at a premium compared to its earnings growth potential. In comparison to peers, Wintrust Financial Corp. has a more attractive P/E of 12.91, while Columbia Banking System, Inc. boasts a P/E of 13.84, indicating that BancFirst's valuation is higher than these competitors.
Additionally, BancFirst's recent stock performance has lagged behind the S&P 500, with a year-to-date return of -3.63% compared to the S&P 500's 13.30%, reinforcing the notion that the stock may be overvalued in the current market environment.