Is Bank of South Carolina Corp. overvalued or undervalued?

As of 15 October 2023, Bank of South Carolina Corp. has moved from fair to attractive based on its recent performance and valuation metrics. The company is currently undervalued, presenting a compelling investment opportunity. Key ratios include a price-to-earnings (P/E) ratio of 10.5, a price-to-book (P/B) ratio of 1.2, and a return on equity (ROE) of 12.8%.
In comparison to its peers, such as First Citizens BancShares with a P/E of 12.0 and South State Corporation at a P/B of 1.5, Bank of South Carolina Corp. stands out as an attractive option. The recent stock performance has also been favorable, outpacing the Sensex, which reinforces the positive valuation outlook.